Polymarket Announces U.S. Beta Relaunch Amid Market Buzz

Polymarket has quietly reintroduced its decentralized prediction market in Beta mode to selected U.S. users, marking a significant step post regulatory clearance, following its 2022 CFTC settlement.

This resurgence strengthens Polymarket’s U.S. market presence, impacting competitor valuations and increasing interest in its upcoming POLY token amid rising prediction market traction.

Polymarket’s Strategic U.S. Relaunch Sparks Regulatory Discussion

Increased interest from traders is evident, driven by rumors of eligibility for a forthcoming POLY token, set to be unveiled post-relaunch. This token is integral to Polymarket’s planned expansion.

Reactions in the market include a dip in shares of key betting firms such as DraftKings and FanDuel, indicating investors’ perceptions of heightened competition. Polymarket has also seen a surge in active users and trades.

Shayne Coplan, Founder, Polymarket, emphasized: “Prediction markets offer better information than polls or sportsbooks by pricing real-world outcomes through peer-to-peer trading.”

Ethereum’s Role in Polymarket’s Growing Platform Dynamics

Did you know? Polymarket’s reentry into the U.S. mimics the regulatory strategy of other major exchanges, leveraging licenses to bypass extended regulatory approval phases.

Ethereum (ETH) remains crucial to Polymarket’s operations, reflected in its current price of $3,449.02 and a market cap of formatNumber(416284463312, 2). Despite a 17.05% dip over 30 days, ETH’s continued usage as collateral underpins Polymarket’s platform. [Data source: CoinMarketCap](https://www.coindesk.com/markets/2025/10/28/blockchain-based-polymarket-eyes-u-s-comeback-by-november-bbg).

Insights from Coincu research highlight a potential shift in regulatory landscape, suggesting an increase in compliant platforms like Polymarket. This could drive further adoption of decentralized finance models in traditional sectors, boosting market credibility and liquidity flows.