Polymarket Takes 25% of Polygon’s Gas: What It Means

Coinmetrics published a report titled "Polymarket and the Power of Collective Intelligence." One key takeaway is that Polymarket now consumes 25% of all gas on Polygon.

Gas is the fee paid for space in blocks. This means 25% of Polygon’s block space is taken up by Polymarket transactions.

Polymarket’s popularity is surging, and if this trend continues, Polygon could carve out a unique niche as the “blockchain for betting.”

This positioning could be highly profitable. Betting services are in demand worldwide, and Polymarket’s popularity is clear evidence of that.

Currently, Polygon is one of many EVM-compatible blockchains with few distinctive features. But a “blockchain for betting” slogan would make it stand out.

Polymarket’s infrastructure and user base already lay the groundwork for this. Just a couple of competing solutions are needed to ensure betting on the blockchain goes beyond one popular option.

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