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2026-01-14 12:40:41 UTC

thejohnnycrypto on Nostr: “The primary moat that any exchange has is liquidity,” he said. What stood out ...

“The primary moat that any exchange has is liquidity,” he said. What stood out wasn’t that prediction markets are growing—it’s how they’re growing.

Watching John Wang from Kalshi at Solana Breakpoint 2025, the message was clear: scale comes from aggregation, not fragmentation.

What stuck with me:
• Volume is now around $6B per month
• Liquidity is the real moat for any exchange
• Regulation isn’t a blocker—it’s an enabler
• On-chain rails are used for distribution, not ideology

It felt like a very pragmatic take: prediction markets don’t win by being novel, they win by being accessible, regulated, and liquid in one place.

If you’re building or watching prediction markets, this convergence feels like the inflection point.

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