Popular betting platform Polymarket has announced that users will be able to deposit funds into their wallets using Solana starting March 25.
In the statement, it was stated that users can now deposit money into their Polymarket wallets using Solana.
Prior to the integration with Solana, Polymarket users could only fund their accounts with Circle’s USDC stablecoin.
Polymarket's move to Solana was met with enthusiasm among users, with one user commenting, “Thank God I don't have to use USDC anymore!”
Commenting on the Solana move, experts noted that allowing the use of SOL simplifies the user experience and makes Polymarket more accessible to Solana owners.
It was also stated that Solana’s strong ecosystem characterized by high transaction speeds and low fees makes SOL an attractive platform for prediction markets.
Shortly after Polymarket’s Solana integration announcement, SOL surged and reached as high as $143.14.
Starting today, you can now make deposits into your Polymarket wallet using Solana.https://t.co/3sBK0ai3VU
— Polymarket (@Polymarket) March 24, 2025
*This is not investment advice.