In 2025, prediction markets are expanding along paths of compliance, social-native integration, and on-chain efficiency. User barriers are dropping with integrations like Robinhood, browser plugins, and chatbots. The market is shifting from speculation toward becoming an information-pricing infrastructure. If the popularity of the prediction market in 2024 was mainly driven by US elections and Polymarket’s airdrop expectations, by 2025, the focus of the track has quietly shifted. This year’s story is no longer a carnival driven by a single event but more like a deep reconstruction: the form, entry, and ecological relationship of the prediction market are being redefined. On one hand, compliance and mainstream adoption are accelerating. Kalshi secured licenses through CFTC oversight in 50 states and partnered with Robinhood to bring prediction trading to wider audiences. Meanwhile, social nativeization is emerging. Projects like Myriad and Flipr are embedding prediction markets directly into social media and news feeds, making betting a natural part of content interaction. On the other hand, the battle for on-chain efficiency intensifies. Limitless is reshaping liquidity on the Base chain through the CLOB model while Drift launched BET on Solana, connecting prediction markets with high-leverage derivatives trading. The role of prediction markets is evolving from a