Prediction markets were the breakout stars of 2025—everyone’s buzzing about them as mainstream portfolios dragged. They exploded in numbers, grabbed headlines and… may have grown too fast, splintering liquidity and spawning some seriously shady business along the way.
We’ll unpack where they came from, how they work, and why they’ve sparked hot debates (think Vitalik’s cautionary takes and retail traders left in the dust). Are they the next big thing or just this cycle’s shiny distraction? Dive in to decide if prediction markets are here for the long haul or bound to fizzle.
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