World's Largest Prediction Market Announces Migration from Polygon
Polymarket, the world's largest prediction market, is migrating from Polygon due to infrastructure limitations, despite its success with over $3.3 billion wagered on the 2024 U.S. presidential election. The move comes as the platform scales beyond its original Layer-2 infrastructure, with a $9 billion valuation following a $2 billion investment from Intercontinental Exchange. The migration aims to improve block space, gas costs, and settlement speed.
Topics: blockchain migration DeFi infrastructure upgrade Polygon Polymarket