According to PANews, prediction market platform Polymarket has achieved a significant milestone by surpassing $1 billion in total trading volume, marking it as one of the most successful consumer applications in the cryptocurrency sector to date.

Lukas Schor, co-founder of Safe Wallet, attributed Polymarket's success to the implementation of Account Abstraction and Safe smart accounts. These technologies have facilitated a seamless user registration process and a frictionless user experience, contributing to the platform's rapid growth and widespread adoption.