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Kalshi Adds Solana Support, Expands Crypto Deposit Options

Kalshi Adds Solana Support, Expands Crypto Deposit Options

CryptotaleCryptotale2025/05/24 01:40
By:Yusuf Islam
Kalshi Adds Solana Support, Expands Crypto Deposit Options image 0
  • Kalshi now supports Solana, allowing users to send fast deposits through any Solana wallet.
  • The platform turns all crypto into dollars so users can trade real-world event outcomes.
  • Kalshi reached up to 26 million in trades as it added more coins and grew its user base.

Kalshi, a U.S.-regulated prediction market exchange overseen by the Commodity Futures Trading Commission (CFTC), has expanded its cryptocurrency support by adding Solana (SOL) to its platform. This move follows earlier integrations of Bitcoin (BTC), USD Coin (USDC), and Worldcoin, making Solana the fourth digital asset accepted on the site.

Kalshi now supports @Solana deposits.

Fund your account straight from your wallet.

Up only. pic.twitter.com/0oOHI28AX1

— Kalshi (@Kalshi) May 23, 2025

The company announced the new deposit option on X, formerly Twitter, confirming that users can now fund Kalshi accounts directly from any Solana-compatible wallet. Transactions are executed through Zero Hash, the infrastructure provider responsible for all Kalshi crypto processing. Every deposit is converted into U.S. dollars to ensure uniform use within the platform.

Crypto Funding Grows Beyond USDC and BTC

Initially, Kalshi only accepted USDC deposits, particularly during the U.S. election season, when the platform processed up to $25 million in wagers. In April 2025, Bitcoin was added to the list of accepted deposits through the native Bitcoin network. With the inclusion of Solana, Kalshi now supports four digital currencies for user deposits.

Worldcoin’s WLD token is also an important part of Kalshi’s future plans. Users can now fund their accounts using WLD and join Kalshi’s regulated markets quickly, with the help of a mini-app from World App.

Zero Hash, the infrastructure partner of Kalshi, facilitates all cryptocurrency operations and handles transaction processing while ensuring regulatory compliance. According to platform documentation, all crypto deposits, including Bitcoin, USDC, SOL, and WLD, are instantly converted into fiat for stabilizing use across the market..

Market Expansion and Real-World Forecasting

At present, Kalshi offers over fifty crypto-related markets across 12 main event categories. These contracts allow users to trade based on a wide range of factors, including cryptocurrency price predictions, policy developments, and adoption indicators. 

However, the prediction market is not limited to just crypto, as users take active participation in political markets. A notable instance would be the predictions for the U.S. presidential race in late 2024 between Trump and Harris. On the other hand, concerns rise over the platform’s monthly trading volume as it reached a whopping $26M in October 2024, but slightly reduced to $13 million in early 2025.

Related: CFTC Drops Appeal Against Kalshi Over Election Contracts

Crypto Market Forecasting Gains Popularity

Although Kalshi had taken up prominent names, it has yet to include Ethereum in its list. Yet, the presence of USDC, BTC, WLD, and now SOL reflects the firm’s ongoing goal to expand crypto availability and adoption on the platform. Moreover, the platform’s streamlined process for deposits and strict adherence to regulations attract individuals concerned about using unregulated solutions. Significantly, the new support for Solana is expected to draw in users from other crypto communities, thus enhancing Kalshi’s position in the prediction market.

The post Kalshi Adds Solana Support, Expands Crypto Deposit Options appeared first on Cryptotale.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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