Polymarket Poised for Pro Traders with New Tier and Token Speculation

Polymarket Gears Up for Pro Traders and Potential Token Launch

Polymarket, a popular crypto prediction platform, is reportedly planning a "Pro" version aimed at attracting more sophisticated traders. Details emerged from a Discord message shared by a trader, hinting at a launch before year's end. The Pro tier is expected to include:

• Advanced analytics
• Faster trade execution
• Richer data feeds

The upgrade seeks to bridge the gap between casual users and professionals who require in-depth market insights and precision.

Polymarket has experienced significant growth in 2024, driven by its remarkable forecasting accuracy. Internal figures indicate a high degree of accuracy in its markets, especially closer to settlement. Data from Dune Analytics shows:

• Over 1.3 million unique users
• Approximately $18.1 billion in total trading volume

Token Airdrop Speculation Fuels User Surge

Rumors of a potential native token airdrop have also contributed to the platform's recent surge in activity. A social media post by Polymarket's CEO mentioning "POLY" alongside major cryptocurrencies ignited speculation among users. Daily active users spiked from around 20,000 to nearly 58,000 as users sought to qualify for a potential airdrop.

Many users have been proactively "farming" activity in anticipation of a token distribution, with some traders reportedly inflating their trading volumes. Additionally, the platform's expansion into sports betting has attracted substantial traffic, potentially surpassing regulated competitors like Kalshi in trading volume.

Key Takeaways:

• Polymarket is reportedly launching a "Pro" tier with advanced trading tools.
• Speculation about a POLY token airdrop is driving increased user activity.
• Sports betting is emerging as a key growth area for the platform.