The signals indicating the formation of the Prediction Market Alliance are worth paying attention to. The joint efforts of the five major platforms, including Kalshi, Crypto.com, and Coinbase, reflect an inevitable trend toward industry standardization.

From the data, a market valuation of $28 billion and nearly 50% penetration among Americans under 45 indicate that there is indeed growth potential in this sector. Even more interesting is that the prediction accuracy is 30% higher than traditional polls, which means the market mechanism itself is playing a role.

Coinbase is about to launch prediction markets and tokenized stocks, and Phantom has also introduced a product based on Kalshi—this centralized deployment by mainstream platforms indicates that the compliance route has become clear. Over 70% of Americans support distinguishing prediction markets from gambling, creating conditions for policy breakthroughs.

The key is to observe the flow of funds. Once mainstream platforms complete product launches, whether TVL and trading volume can support market expectations will be critical indicators to determine if the sector is truly exploding or just a concept hype. The alliance's formation is more about confirming the compliance framework; the real test lies in execution.