Jupiter Tests Solana-Based Prediction Market Ahead of 2026 Launch

Tech

Jupiter Tests Solana-Based Prediction Market Ahead of 2026 Launch

Solana-based exchange aggregator Jupiter is moving closer to a full-scale launch of its native prediction market before 2026. The company, in partnership with Kalshi, is testing the new product in beta as part of a wider effort to diversify its DeFi offerings.

The feature allows users to place bets on real-world outcomes, beginning with the Mexico Grand Prix, marking Jupiter‘s first step into the growing prediction market sector. The move comes as institutional demand for event-based trading surges, positioning Jupiter to capture fresh liquidity and strengthen its ecosystem within Solana’s expanding network.

Jupiters Prediction Market Targets Rapid Expansion

Jupiters Chief Operating Officer, Kash Dhanda, said prediction markets represent a significant step in expanding the range of assets available on-chain. He explained that the product aims to enhance user experience, attract more participants, and create new synergies across Jupiters existing services.

Dhanda confirmed that the company will continue developing the platform based on user data, noting that community feedback will guide how quickly they scale trading limits and introduce new events.

Currently, users can hold up to 1,000 contracts, while global participation is capped at 100,000 contracts during the beta phase. The Mexico Grand Prix market has already surpassed $100,000 in trading volume, with Max Verstappen leading 46% of predictions, followed by Lando Norris at 27%. plans to expand to sports, politics, and global affairs once stability is confirmed, aiming for a complete rollout by Q4 2025.

Growth in Users and Institutional Momentum

According to Jupiter‘s Q3 tokenholder, the platform recorded 8.4 million active users, up 5% from the previous quarter. Dhanda said this expansion will reinforce long-term value for JUP token holders, adding that every new market strengthens the company’s cross-product integration and revenue growth.

The project enters a booming sector, with Kalshi recently $300 million in a Series D round led by Sequoia Capital, Paradigm, and Coinbase Ventures, pushing its valuation to $5 billion.

Meanwhile, Polymarket drew a $2 billion investment from Intercontinental Exchange, reaching a $9 billion valuation. Data from shows the industrys weekly trading volume hit $2.03 billion in mid-October, signaling rising institutional appetite for such platforms.

Solana Price Strengthens as Momentum Builds

As Jupiter expands, is showing positive signs. The token trades near , rebounding from support around $180. Analyst Trader Tardigrade observed that SOLs four-hour chart indicates a bullish MACD crossover, suggesting renewed momentum.