[a16z crypto: Prediction market trading volume hits record highs for three consecutive weeks, weekly volume reaches $14.4 billion] Odaily Planet Daily News – Data released by a16z crypto shows that prediction market trading volume has hit all-time highs for the third consecutive week. Last week, total market trading volume reached $14.4 billion for the first time, a significant increase from the approximately $5–6 billion at the beginning of the year, and surpassing the previous record high of around $10 billion set just a week earlier. Additionally, open interest rose to $1.6 billion, marking a third consecutive week of record highs, indicating that the pace of new positions being opened continues to outstrip the rate of closures, leading to an expanding risk exposure. Notably, non-sports markets saw particularly significant growth, covering areas such as macroeconomics and unexpected events. Last week, combined trading volume on Kalshi and Polymarket reached $3.6 billion, already exceeding the total market size of all prediction market categories from last year.