The World prediction market, which launched on Solana (SOL) barely every week in the past, stated it’ll transfer to Robinhood Chain. The staff supplied no clear motive for leaving so quickly after its debut.
The swap reverses a narrative from days earlier, when World was Solana’s homegrown reply to Polymarket and Kalshi. Now it’s tying its future to a mainstream dealer’s community.
A Quick Rise for the World Prediction Market
Prediction markets let folks wager actual cash on the result of actual occasions, from elections to soccer matches. World arrived in that fast-growing area with actual hype.
The venture constructed consideration with a stealth marketing campaign, teasing a glowing globe and the road “Commerce Every little thing” earlier than any product. It then went reside inside Phantom on July 1, a pockets with greater than 15 million month-to-month customers.
World by no means holds consumer cash. It settles bets mechanically utilizing Chainlink knowledge and pays winners in a stablecoin known as CASH.
That hands-off payout set it aside from Polymarket and Kalshi, the place customers usually have to say their winnings themselves.
The Solana Basis itself championed the launch. Its head of client, Pedro Miranda, known as prediction markets a showcase for what the community can do.
The app opened with short-term Bitcoin (BTC) value bets and 2026 FIFA World Cup markets. It additionally pushed out Kalshi inside Phantom, which had run the pockets’s markets since December 2025.
Its debut landed as the worth of open bets throughout prediction markets hit a file $1.48 billion in June. That determine comes from a16z crypto.
Solana Out of the Prediction Market Race?
World framed the transfer as a thought of alternative. In its announcement, the staff thanked the Solana Basis and neighborhood however didn’t clarify its pondering.
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Notably, the staff pointed to no technical fault with Solana, which supplied low charges, quick trades, and assist for Phantom’s customers. That silence is why the transfer seems to be like a enterprise choice slightly than a repair.
The clearest pull is attain. Robinhood Chain launched on July 1 as its personal blockchain for tokenized shares and on-chain finance, constructed on Arbitrum expertise.
Its mother or father serves practically 28 million prospects throughout 38 international locations, most of them mainstream traders slightly than crypto customers.
Robinhood additionally has its personal stake within the class. Prediction markets have been its fastest-growing product line by income, the corporate says.
“Robinhood is seeing robust buyer demand for prediction markets, and we’re excited to construct on that momentum,” stated JB Mackenzie, VP and Common Supervisor of Futures and Worldwide at Robinhood. “Our funding in infrastructure will place us to ship a fair higher expertise and extra modern merchandise for patrons.”
In its first 12 months, greater than 1 million prospects traded over 9 billion contracts. Robinhood is now constructing a CFTC-licensed alternate with market maker Susquehanna.
Continuity helps too. Chainlink, which powers World’s payouts, already works with Robinhood Chain, so its setup can comply with alongside. Such strikes usually include grants or funding, although World has confirmed none.
Merchants Query the Motive
Not everybody purchased the pleasant framing. Some customers accused World of utilizing Solana for launch-week consideration, then leaving as soon as the hype paid off.
These claims keep unverified, and World has framed the change as a migration, not a shutdown.
As a result of the protocol by no means holds consumer funds, a shutdown alone wouldn’t lock up deposits. Nonetheless, the doubts flag an actual danger for anybody holding open bets.
Nonetheless, others see the transfer as proof of Robinhood’s rising pull, given {that a} venture backed by the Solana Basis would leap ship so shortly.
The market has rewarded that growth, with Robinhood’s inventory recovering after a notable drawdown earlier within the session.
World Cup betting exhibits how a lot cash now strikes by means of the prediction market sector. One Polymarket dealer misplaced $11.6 million on these markets in early July.
For now, key particulars keep skinny, together with how open bets transfer and when buying and selling opens on the brand new chain. Whether or not the Robinhood wager pays off will hinge on the amount revealed within the coming weeks.
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