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World prediction market leaves Solana for Robinhood
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World prediction market leaves Solana for Robinhood

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  • Prediction market platform World will migrate from Solana to Robinhood Chain less than two weeks after its launch.
  • The project did not provide a reason for the move, while Robinhood's customer base and prediction market growth may expand its reach.
  • The migration highlights increasing competition among blockchain networks to attract prediction market applications.

World, a prediction market platform launched on Solana (CRYPTO:SOL), announced it will migrate to Robinhood Chain less than two weeks after its debut, without explaining the reason for the move.

The platform launched through the Phantom wallet on July 1 with Bitcoin (CRYPTO:BTC) price markets and 2026 FIFA World Cup betting, using Chainlink (CRYPTO:LINK) data to automatically settle wagers and pay users in the CASH stablecoin.

“Robinhood is seeing strong customer demand for prediction markets, and we’re excited to build on that momentum,” said Robinhood Vice President and General Manager of Futures and International JB Mackenzie.

World thanked the Solana Foundation and its community while confirming the migration, but did not cite any technical issues with Solana, whose network provides low transaction fees and high processing speeds.

The move aligns World with Robinhood Chain, which launched on July 1 and gives the project potential access to Robinhood's nearly 28 million customers, while Robinhood said more than one million users traded over nine billion prediction market contracts during its first year.

The migration also maintains compatibility with Chainlink, which already supports Robinhood Chain, allowing World to continue using the same infrastructure for market settlement.

World has not yet disclosed how existing prediction markets will be transferred or when trading will begin on Robinhood Chain, leaving users awaiting further details on the migration process.

At the time of reporting, Solana price was $77.31.

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