[a16z crypto: Multiple Events Like the World Cup Drive Prediction Market Weekly Trading Volume to a Record High] Odaily Planet Daily News - Data disclosed by a16z crypto shows that the weekly trading volume of the prediction market has reached $10.8 billion for the first time, setting a new historical record. This record-breaking growth was driven by the convergence of multiple global events, including the SpaceX IPO, the U.S.-Iran peace agreement, the NBA Finals, and the World Cup. a16z crypto pointed out that the prediction market has expanded rapidly over the past year. A year ago, the weekly trading volume was approximately $500 million, and even during periods of market activity, weekly trading volumes were below $1 billion. Since last fall, trading volumes have been steadily rising, stabilizing in the $6 billion to $7 billion range this spring. Even during the current 'low-volatility weeks,' the market size has significantly surpassed the peak levels of a year ago, indicating that the liquidity and participation in the prediction market are undergoing a sustained structural increase.