A growing cohort of young, crypto-native traders is shifting capital away from altcoins and meme coins and into on-chain prediction markets. This suggests prediction markets are not a niche offshoot, but the next mainstream crypto-native interface. Prediction markets, which allow rapid entry and exit and settle quickly against real-world events, fit that preference profile almost perfectly. On the contrary, prediction markets may be one of blockchain’s most durable consumer use cases to date. Search interest in prediction markets has cooled from post-election highs, recently dipping to six-month lows.