Analysis said that the United States predicted that the market would boom and there would be foam risk

The analysis points out that the prosperity of the predicted market in the United States mainly relies on regulatory arbitrage space and a large amount of marketing investment, which has an unstable foundation. According to Dune Analytics data, sports transactions will account for approximately 85% of Kalshi's trading volume in 2025, while Polymarket will account for approximately 39%. Devin Ryan, Head of Financial Technology Research at Citizens Bank, stated that the market needs to improve its integrity rules and increase trading volume in non sports markets. Currently, Kalshi predicts that the market size for January CPI inflation data will be less than $1 million, and the core inflation market size will be less than $30000, with insufficient liquidity to attract institutional participation. In addition, there are still controversies in the regulatory game, and state-level institutions are more cautious. Relevant legal issues may eventually enter the Supreme Court for ruling.