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crypto.news 2025-05-23 18:55:00

Kalshi adds support for Solana deposits

Kalshi adds support for Solana deposits

Kalshi, a prediction marketplace based in the United States, has expanded its crypto support with the addition of Solana deposits. The marketplace announced it had enabled Solana ( SOL ) as a new account funding option on Friday, May 23, with this shared an update the Kalshi team posted on X. SOL coming to the regulated prediction marketplace sees the altcoin join USDC ( USDC ) and Bitcoin ( BTC ) as deposit methods. Users can also fund accounts with Worldcoin ( WLD ). Initially, Kalshi only accepted the Circle-issued stablecoin as its crypto deposit option. Kalshi will now look to tap into Solana’s traction to attract more crypto users to its platform, increasing its competition with Polymarket. While Kalshi’s other deposit methods include bank transfer, debit card and wire deposits, crypto has quickly caught on. Benefits such as fast transactions when funding accounts and higher deposit limits are attractive to crypto-natives. On Kalshi, users can trade on any prediction , from politics, sports, weather and crypto. The platform’s service is available across all 50 U.S. states. You might also like: Kalshi wins injunction against Nevada in Federal Court On both Polymarket and Kalshi, crypto price forecasts are among many popular markets. “Kalshi offers a variety of cryptocurrency price markets that allow users to trade contracts based on the price movements of a cryptocurrency, such as Bitcoin or Ethereum,” the platform states on its website . For instance, traders on Kalshi see the price of Bitcoin surging to highs of $150,000 or higher in 2025, giving this prediction a 39% chance of happening. In November last year, predictions on who would win the U.S. presidential election swung between Kamala Harris and Donald Trump, before finally swinging fully in favor of Trump. Recently, Kalshi announced a major partnership with World App, with the collaboration aimed at bringing regulated crypto-enabled predictions to World App users via a mini app. The projects plan to allow holders of Worldcoin to fund their Kalshi accounts with the WLD token. The platform has also partnered with Robinhood and Zero Hash . You might also like: Ethereum-based game Ember Sword shuts down due to lack of funding

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