Jupiter launches Forecast, Solana's first native prediction market

Jupiter, a decentralized aggregator on the Solana blockchain, launched Forecast on June 5, billing it as the first native prediction market built on Solana. The product marks Solana's debut in the crypto-native prediction market sector, which has been dominated by Ethereum-based platforms. No details on supported markets, trading mechanics, or launch partners were disclosed at launch. The move adds a new entrant to the growing field of blockchain-based prediction markets as platforms compete across Layer-1 ecosystems. Forecast arrives as prediction market activity has intensified across the crypto space, with traders and developers seeking alternatives to Ethereum's higher fees and slower settlement times. The launch positions Jupiter to capture Solana-native users interested in event-based speculation without bridging assets to other chains.