Kalshi Enables Solana Deposits in Latest Crypto Integration

2 mins mins

Key Points:

Kalshi announces Solana deposit support to expand its cryptocurrency funding options.
The integration is expected to increase Solana’s liquidity in prediction markets.
Collaborative efforts with Zero Hash ensure secure crypto-to-dollar conversions.

Kalshi, a US-based prediction platform, announced Solana (SOL) deposit support on May 23, 2025, allowing SOL wallet users to fund their accounts seamlessly.

This Solana integration represents a strategic expansion of Kalshi’s crypto deposit options, following prior support for Bitcoin, USD Coin, and Worldcoin. The addition of Solana aims to boost liquidity and attract more crypto-native users to the platform.

Increased Solana Engagement and Market Dynamics

Kalshi has announced the support of Solana deposits, extending its range of cryptocurrency funding options. Previously known for accepting Bitcoin and USD Coin, the platform now accommodates SOL users. By collaborating with Zero Hash, Kalshi ensures secure and compliant conversion of crypto deposits into US dollars.

With the addition of Solana, users can now easily fund accounts directly from their SOL wallets. This move is anticipated to increase Solana liquidity within the platform. The change further enhances the engagement of crypto-native users with regulated prediction markets, which are becoming popular among traders.

Kalshi Official Announcement, Kalshi: “With the addition of Solana, we aim to boost liquidity and attract more crypto-native users to our platform.” – KuCoin

Market responses to Kalshi’s announcement include positive remarks on the potential for increasing Solana’s utility within specialized prediction markets. Industry experts anticipate an increase in active Solana transactions, adding value beyond its traditional use in DEX trading.

Market Data and Insights

Did you know? Kalshi’s addition of Solana deposits could significantly bolster Solana’s role in prediction markets, diversifying its use beyond traditional decentralized exchanges where it constitutes a substantial trading volume.

Solana currently holds a market cap of [formatNumber(92084672040, 2)], and as of 21:51 UTC on May 24, its trading price is $176.99 according to CoinMarketCap. Recent data shows a 5.88% increase over seven days, emphasizing Solana’s active market participation.

solana-daily-chart-88 — Solana(SOL), daily chart, screenshot on CoinMarketCap at 21:51 UTC on May 24, 2025. *Source: CoinMarketCap*

According to insights from the Coincu research team, the integration with Kalshi may lead to significant regulatory and technological benefits for both entities. By facilitating smoother transactions using SOL, Kalshi is set to attract a wider demographic interested in decentralized finance, enhancing its market reach.