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Twenty billion dollars moved through blockchain-based prediction markets during the World Cup, according to blockchain analytics firm Chainalysis, with more than 400,000 wallets placing on-chain bets.
The figure stakes a credible claim to scale for a product category that has spent years promising crossover into mainstream sports engagement.
The risk is that volume alone, without knowing margin structure or user outcomes, flatters a number that may tell a narrower story on closer inspection.
What Chainalysis measured Chainalysis tracked activity across prediction markets and digital collectibles tied to the tournament, pointing to global wallet participation as evidence of reach.
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