Kalshi Opens 2026 With Record Trading Momentum
Kalshi started 2026 with considerable traction with daily notional trading volumes of approximately $291 million on New Year's Day, close to doubling the last month's volumes of $147 million. This comes on the heels of a remarkable 2025, which ended with a staggering $23.8 billion in cumulative trade volumes on the prediction market platform, registering more than 1,100% YoY growth.
December was Kalshi's busiest month, registering a total trade value of $6.38 billion, mainly due to sports-related markets such as the NFL, NBA, and college football. The highest daily trade activity was recorded at a total of nearly $382 million in the later period of December.
Sports betting has fueled the growth of Kalshi but has also led to higher regulatory threats as the platform has faced legal cases within various US states. Nonetheless, institutional investment and collaboration with large media and trading platforms have led to a mainstream acceptance of prediction markets.
Given the good start that the company had during the year and the upcoming events that would serve as a trigger in the year 2026, Kalshi enters the upcoming year as a major player in the prediction market space.
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