Solana News: Polymarket Integrates Solana to Reduce Costs and Enhance User Experience

In a move designed to lower transaction costs and improve user engagement, Polymarket has integrated Solana (SOL) wallet deposits into its platform. This integration is expected to streamline user participation, especially for retail users who have been deterred by Ethereum’s (ETH) high gas fees.

Polymarket Integrates Solana to Cut Costs and Boost User Experience

Polymarket has added support for Solana (SOL) wallet deposits to lower transaction costs and improve user experience. The integration brings one of the industry’s fastest, lowest-cost networks to a platform already established as a leading venue for event-based forecasting. The addition of Solana is expected to further streamline user participation, particularly for retail users deterred by Ethereum’s (ETH) higher gas fees. With near-instant finality and fractions-of-a-cent transaction costs, Solana positions Polymarket to scale its user base and support more granular forecasting across sectors.

Solana Price Set For $150 Breakout? Bulls Eye Next Surge.

Solana Price entered the new week testing critical resistance levels, with traders and institutions showing renewed interest. A sharp bounce from range lows and record network metrics now place SOL’s price within striking distance of $150. Meanwhile, broader market sentiment was lifted by Optimism around Donald Trump’s proposed reciprocal tariffs and the Federal Reserve’s dovish stance on possible inflation from tariffs. BitMEX co-founder Arthur Hayes expects Bitcoin to respond favorably, targeting $110,000 before a possible retest.

Polymarket to Accept Solana Deposits Starting Today

Polymarket, the blockchain-based betting platform, has launched on Solana, allowing users to make deposits using the network. Known for its real-money prediction markets, Polymarket enables users to wager on a broad range of topics, adjusting odds dynamically based on market activity. Current high-profile bets include the political futures of global leaders, the outcome of Canada’s upcoming election, and cryptocurrency price movements. The number of users engaging with blockchain-based betting platforms has been on the rise.

Polymarket Accepts Solana Deposits

Blockchain betting platform Polymarket announced that starting March 25, users can make deposits to their wallet using Solana (SOL). With this upgrade, Solana joins other tokens such as Ethereum (ETH), USDC, and Polygon (MATIC) that are acceptable for users to add to their prediction market wallets. Many traders reacted positively to the addition of Solana to Polymarket’s wallet feature.