Filtering the noise: While hype around crypto tokens has fallen silent, genuine demand scenarios are thriving and advancing rapidly on the blockchain.
Since 10/11, the hype around tokens such as altcoins, DeFi, Meme has cooled down sharply, with less discussion and play. Major CEXs have shifted to promoting US stock tokens, TradFi, etc.
But this does not mean a “blockchain scam”; on the contrary, after the token hype cooled, blockchain has welcomed another genuine demand scenario that can operate without token incentives, following stablecoins and DeFi: prediction markets are growing exponentially by leveraging blockchain settlement.
Prediction market total trading volume was only $2 billion in 2024, jumped to $50 billion in 2025, and several institutions now expect it to continue exponential growth to over $150 billion in 2026.
With such massive potential, 95 % of current trading volume comes from the top three platforms: Kalshi, Polymarket, and Opinion. Among them, Polymarket and Opinion, thanks to blockchain settlement, have advantages in trust, efficiency, and fund security, gaining a larger market share.
Opinion, by combining diversified prediction topics with blockchain settlement, captured about 30 % of market share within just five months, becoming one of the leading prediction platforms. It has the shortest development time and the strongest recent momentum.
It also feels that Opinion and Polymarket now exhibit a “East‑West split”: users from different regions focus on different events. Polymarket users (Western) tend toward relatively static event structures, whereas Opinion users (Eastern) prefer highly fragmented, high‑frequency changing events, demanding faster market response and higher liquidity. Consequently, Opinion’s trading heat and depth on Asian‑related topics are much higher.
Opinion’s diversified prediction topics include not only conventional politics, economics, traditional sports events, but also token pre‑launch, e‑sports and other niche topics.
In fact, participation in these niche predictions is on par with, or even more sticky than, conventional topics. Leveraging price spreads, depth, and order‑book advantages in these sub‑markets, Opinion is consolidating and expanding its market share.
Currently, among Opinion’s Pre‑TGE topics, there are 16 topics on token listing or TVL predictions that have exceeded $10 million in trading volume.
In e‑sports, just the LPL champion prediction for 2026 alone has already reached $125 million in volume. To put it into perspective, when Polymarket’s LOL S15 final topic reached $16.5 million in November last year, major media reported and warned that the prediction market was “the wolf is coming”. In just a few months, this niche has grown more than tenfold.
Another distinction for Opinion compared to the other two giants is that Opinion will issue a token.
As the first among the prediction market “big three” to launch a token, Opinion’s $OPN has focused the entire prediction market’s attention, and the market’s scale growth is expected to be directly reflected by $OPN. Thus, OPN has essentially cleared all major CEXs: listed on Binance futures, on Coinbase’s roadmap, and Korean exchanges generally follow Coinbase.
The World Cup arrives in June, and related topic volume is rising daily. With Opinion’s advantages in price spread, depth, and order books, combined with its status as the only pre‑World Cup token‑issuing leading prediction platform (offering token incentives), I can already imagine the heights they could push trading volume and depth to, potentially rewriting the market share landscape of prediction markets.
@opinionlabsxyz