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🐋 WHALE WATCH: Lawmakers are coming for prediction markets again.
A new bill wants to ban sports betting on platforms like Kalshi and Polymarket. This is a direct hit to the narrative that these markets provide better data than polls.
If this passes liquidity might flee regulated apps and move entirely onchain. Prediction markets are the biggest use case for $SOL and $ETH right now so the impact is real.
Will regulation actually stop the volume or just push it further offshore ?