Key Takeaways Polymarket and Kalshi processed over $5.81B in volume, signaling a shift in crypto yields. France holds a 39% win probability, attracting heavy whale hedging across the ecosystem. Activity on Kalshi will accelerate through July 2026 as late stage tournament volatility hits. Prediction markets have reached unprecedented liquidity milestones during the 2026 FIFA World Cup, capturing billions of dollars in volume as digital asset traders search for alternative high-yield environments. Capital allocations across decentralized and regulated prediction platforms have intensified alongside shifting tournament dynamics, creating unique opportunities for macro strategies. Driven by intense interest from both retail participants and …