Polymarket has made a significant move in the Solana ecosystem by integrating with the network. With this update, users can now fund their Polymarket wallets using SOL, enhancing accessibility and convenience on the prediction markets platform.
Polymarket Introduces SOL Deposits Following Solana Integration
After weeks of speculation, Polymarket has introduced Solana (SOL) deposits for its users. According to a recent post on X, users can now fund their Polymarket wallets with SOL, marking a major step toward the platform’s expansion.
“Starting today, you can now deposit funds into your Polymarket wallet using Solana,” the announcement stated.
Before this integration, Polymarket users were required to fund their accounts using Circle’s USDC stablecoin. By incorporating Solana, the platform aims to boost user activity and leverage the growing adoption of Solana’s high-speed blockchain.
SOL, the sixth-largest cryptocurrency with a market capitalization of $71.5 billion, has an increasingly active ecosystem and a thriving community. On-chain data indicates that Solana’s active wallets have reached 11 million, accompanied by a sharp rise in daily trading volume.
Despite reaching 450,000 monthly active users in early 2025, Polymarket has recently experienced a decline in engagement. The integration of Solana is expected to attract a broader audience beyond stablecoin users, revitalizing activity on the platform.
Solana Soars 7% After Game-Changing Announcement
Moments after Polymarket announced its integration with Solana, the price of SOL surged nearly 7%, reaching $140. Over the past week, the cryptocurrency has gained 10%, recovering from previous losses and regaining strong upward momentum.
In the last 24 hours, SOL’s daily trading volume has skyrocketed by 98.87%, reaching $4.05 billion. Market analysts predict this rally could serve as a stepping stone for SOL to potentially reach $1,000 after a period of price consolidation.
Meanwhile, Solana co-founder Anatoly Yakovenko has reaffirmed his support for Layer 1 blockchains over Layer 2 solutions, citing enhanced security and speed as the primary advantages.
The Polymarket integration comes shortly after Yakovenko addressed backlash over a controversial Solana advertisement. While expressing regret, he apologized to the community for the ad’s divisive nature, admitting he should have condemned it more strongly.
“The ad was bad, and it’s still gnawing at my soul,” Yakovenko stated. “I feel ashamed for downplaying it instead of calling it what it is—mean and punching down on a marginalized group.”