With more than 6.3 million trades, 7.3 million transactions, and over 400 thousand active traders across the platform, Myriad, the Web3 prediction market protocol, has now exceeded $100 million in USDC trading volume since its introduction. This is a growth of ten times in only three months, highlighting the quick adoption of Myriad and its aim to build prediction markets as a significant pillar within the space of decentralized finance.
As part of its efforts to develop its multichain prediction market vision and reach millions of additional users, Myriad launched quick Automated Markets and expanded its operations to BNB Chain before the end of the previous month. Last week, it formed a partnership with the developer platform Walrus to keep all market data and media completely on-chain. This will result in the creation of an immutable and verifiable record that will increase confidence, make audits possible, and open up new applications in the fields of DeFi and artificial intelligence.
Myriad is expanding across BNB, Abstract, and Linea, all of which are backed by strong adoption, media recognition, and a compliance-focused strategy to make prediction markets a central part of global DeFi. At the same time, Myriad is positioning itself as both a platform for everyday traders and a core protocol for other prediction markets.
A Web3 prediction market protocol Myriad was developed with the intention of facilitating marketplaces in which users may engage in trading based on information, projections, and consensus. Through the use of Decrypt and Rug Radio, it mixes retail adoption with enterprise-grade infrastructure in order to develop a protocol for prediction markets that can be used across a variety of industries. Its plan involves the extension of several chains, the integration of sophisticated oracles, and the harmonization of regulatory standards in the United States.

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

