Prediction markets are gaining traction as tools for forecasting election outcomes, with a notable performance record of accurately predicting winners in 10 out of the last 11 presidential elections since 1980, excluding 2016. Recent discussions highlight the increasing interest in platforms such as Polymarket, Kalshi, and others, which have collectively seen substantial financial activity. For instance, $850 million was wagered on the recent U.S. presidential debate alone, and the market is projected to grow to approximately $95.3 billion by 2032. Currently, over 40 prediction market protocols have launched within the past six months, contributing to a trading volume exceeding $4 billion and a total value locked (TVL) of $175 million on platforms like Polymarket. Analysts suggest that these markets may offer insights into public sentiment and electoral trends, potentially influencing how campaigns strategize moving forward.