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Polymarket Integrates Solana—Users Can Now Deposit with SOL

  • Polymarket has integrated with Solana, allowing users to deposit funds using SOL, the sixth-largest cryptocurrency.
  • The integration reduces transaction costs and makes the platform more accessible, as Solana can process 65,000 transactions per second at a fraction of the traditional costs.
  • Polymarket is a prediction market platform that has seen significant growth, with 450,000 monthly active users and over $11.4 billion in trading volumes in the past year.
  • The integration comes at a time of growing optimism around the potential approval of Solana-based Exchange-Traded Funds (ETFs) and has resulted in a surge in Solana's price and trading volume.

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