PANews, June 20 – a16z crypto disclosed data showing that weekly prediction market trading volume reached $10.8 billion for the first time, setting a new all-time high. This record-breaking surge was driven by a confluence of multiple global events, including the SpaceX IPO, a U.S.-Iran peace agreement, the NBA Finals, and the World Cup.

a16z crypto noted that the prediction market has expanded rapidly over the past year. A year ago, weekly trading volume was around $500 million, and even during active periods it remained below $1 billion per week. Since last autumn, however, volume has steadily climbed, stabilizing in the $6 billion to $7 billion range this spring. Even during the current "low-volatility week," market size has significantly exceeded peak levels from a year ago, indicating a sustained structural upward shift in prediction market liquidity and participation.