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Polymarket Eyes Launch of Pro Trading Platform and Potential Token Airdrop

Polymarket Eyes Launch of Pro Trading Platform and Potential Token Airdrop

Cryptocurrency

Polymarket to Launch Pro Platform for Advanced Traders

Polymarket, a leading crypto prediction market, is gearing up to introduce a Pro version designed for professional traders. Developer Mustafa Aljadery confirmed in a Discord message shared by trader Tsybka that the advanced platform will be launched by the end of the year.

Pro Platform Features

The Pro version is expected to offer enhanced analytics, quicker trade execution, and comprehensive data feeds, catering to institutional and high-volume traders. This initiative aims to bridge the gap between casual users and seasoned professionals requiring in-depth market insights.

While Polymarket has yet to disclose further details about the Pro version, this development marks a significant milestone, driven by its impressive growth in 2024 and high forecasting accuracy.

Speculation Surrounds Potential POLY Token Airdrop

Amidst the Pro platform's development, speculation has arisen regarding a potential native token airdrop, following CEO Shayne Coplan's mention of POLY alongside major cryptocurrencies. This has led to a surge in daily active users, from approximately 20,000 to nearly 58,000, as users attempt to qualify for the anticipated distribution.

Some users have been "farming" platform activity for over a year, with certain traders inflating trading volumes by repeatedly buying and selling positions.

New Market Categories Drive Activity

Polymarket's rising activity is also fueled by new market categories, particularly sports betting. According to Haseeb Qureshi of Dragonfly Capital, this growth often sees Polymarket surpassing its regulated competitor Kalshi in trading volume.

Kalshi has traditionally dominated through its Robinhood integration, but Polymarket's expanding sports markets are beginning to attract similar traffic directly on-chain.

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