Kalshi Adds Solana: Faster Crypto Deposits 🚀

Kalshi, a prediction market platform, announced support for Solana, allowing users to fund their accounts with this cryptocurrency starting Friday on X. Solana becomes Kalshi's fourth accepted digital currency, joining Bitcoin (BTC), USD Coin (USDC), and the WLD token from the World's ecosystem. This update is driven by a partnership with Zero Hash, an infrastructure provider for cryptocurrencies and stablecoins. According to Kalshi's website, crypto deposits enable quicker funding and increased deposit limits of up to $500,000. "Using crypto for deposits grants immediate access to funds, facilitating faster trading compared to traditional banking," stated Kalshi. In the U.S., Kalshi participants can wager on sports, news, politics, and various global events. Regulated by the CFTC, Kalshi also collaborates with Robinhood for a prediction market within Robinhood Derivatives. As of the article's publication, Solana trades at $181.67 with a $7.9 billion trading volume over the past day, as per The Block's data. Disclaimer: The Block is an independent outlet focusing on news, research, and information about the crypto industry.