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Earlier this month we released an article outlining why prediction markets are primed for mainstream breakout. The recent South Park episode “Conflict of Interest” just accelerated that thesis.

Prediction markets like Kalshi and Polymarket have recently seen increased visibility and user engagement. For three consecutive weeks, Kalshi has posted higher volumes than Polymarket, recording $728 million in trades last week. That figure is nearly 60% higher than Polymarket’s volume

Is this a mainstream catalyst or a short-term top signal? Regardless, the episode has cemented Polymarket and Kalshi as the top players in prediction markets.

Source: Dune

The onchain creator economy is in full experimentation mode with launchpads for creator-based coins, drawing both venture funding and cultural attention.

• Pump.fun - Daily streamer payouts surpassed $2 million, roughly 10x 2024 levels.

  • Revamped fee structure grants creators up to 50% of the fees generated from memecoin trading combined with token launch revenue sharing.

  • Creator earnings were around $20 million in a single week, with top creators earning $24-$123k within 24 hours.

Source: Dune

• Zora: Platform-Wide Fee Sharing - Creators mint social tokens and earn 50% of all trading fees. With $10M+ in annualized fees, this creates an opportunity for top creators on the platform, but next to nothing for mid to low tier creators.

Source: DefiLlama

• Coop Records - Announced its seed round of $4M this week. Every song starts as a limited presale that triggers the launch of a 1B supply “songcoin” when the presale sells out.

  • This coin represents the track itself and trades like any other token. 10% of the token is shared by the artist and Coop.

Foundation or Fad?

Supporters like a16z argue that these platforms finally give creators direct, recurring monetization and let fans act as genuine stakeholders. Skeptics counter that many launches prioritize price action over lasting community, with Pump.fun’s dynamic-fee incentive flywheel a prime example of speculation potentially outpacing substance.

• Cloudflare’s NET Dollar - Launched stablecoin aimed at powering an AI internet economy through decentralized finance integration and internet infrastructure partnerships, adding new diversity to the stablecoin landscape.

• Plasma Network Beta Launch - Bitcoin-based high performance blockchain launched mainnet beta, debuted with over $2 billion in stablecoin liquidity and 100+ partners right from day one.

• Euro-backed Stablecoin - A group of European banks launched plans for a euro-backed stablecoin to capture regional digital fiat demand.

• Rainbow Wallet’s $RNBW - Rainbow to launch its native token $RNBW in Q4 2025, transforming Rainbow points into tokens. This will coincide with app upgrades like real-time pricing, perpetual trading through Hyperliquid, and gamified features to boost user engagement.

• ETHZilla’s Restaking - Deploying $47M in ETH to Puffer’s liquid restaking protocol, complementing its $100M stake in Ether.fi to boost yields and secure long-term returns while advancing institutional Ethereum treasury strategies.

• Genie’s Social Trading App -

• Prediction markets cement their mainstream relevance as Kalshi overtakes Polymarket in weekly volume, bolstered by cultural tailwinds.

• Social-token launchpads explode: Pump.fun hits $20M in creator earnings in a week, Zora scales fee-sharing, and Coop Records ties tokens directly to songs.

• Stablecoin race intensifies with new entrants from Cloudflare, and European banks, while Rainbow, ETHZilla, and Plasma all layer on fresh infra plays.

• Social trading heats up as Share emerges from stealth with a $5M raise.

This week’s highlights show the creator coin meta, stablecoin expansion, and the prediction-market arms race.