Polymarket, a prediction market platform, has seen a significant surge in activity, driven by bets on the 2024 election. The platform reported an all-time high volume of $111 million in June. This surge highlights the growing influence of prediction markets and their ability to engage a mainstream audience. Despite initial expectations, crypto has not taken a central role in the election, but Polymarket's performance demonstrates the sector's potential, with volumes hitting $100m. US trader interest in prediction markets is also on the rise, indicating potential for further growth.