3 Altcoins Poised to Rise Alongside Polymarket’s Growing Valuation

Jakarta, Pintu News – Polymarket was in the spotlight this week due to various developments happening around the prediction platform. The platform is gaining legitimacy, especially after ICE considered a $9 billion deal and started to attract the attention of Wall Street.

Amidst this situation, the influence of the Polymarket network is seen in the various blockchains and protocols that support its decentralized prediction market. Recently, BeInCrypto reported that Polymarket could potentially host the largest airdrop in the crypto industry.

Alongside news of a possible investment from ICE, this puts certain altcoins in a strategic position to benefit from the platform’s rising valuation.

UMA: The Silent Backbone Behind the Prediction Market

UMA plays an important role for Polymarket, although not many realize it. While public attention is focused on Polymarket’s rapid growth, UMA remains a quiet but crucial layer of infrastructure in enabling decentralized predictions.

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Polymarket leverages UMA’s Optimistic Oracle (OO) to transparently verify market outcomes. This decentralized data verification mechanism allows proponents and opponents to determine the truth on-chain, without relying on a central authority.

“Polymarket supports UMA as a resolution source for markets displayed in the Polymarket.com interface. Polymarket is oracle neutral by nature, but UMA integration provides additional options for market makers,” the platform wrote in a recent blog.

Behind the scenes, UMA’s proprietary oracle ensures that every prediction – whether it’s about elections, financial markets, or sports – can be completed securely and without the need for mutual trust between parties.

The UMA-CTF adapters deployed on Polygon’s network connect Polymarket’s conditional token framework (CTF) with the UMA oracle, so that every market settlement can be transparently verified.

Despite playing a very important role, UMA is still often overlooked by investors who are more focused on the success of the Polymarket front view.

But if the market perception starts to change and more people realize the importance of oracles, UMA could experience a surge in demand as the need for on-chain data verification increases.

Polygon (POL): The Chain that Supports Polymarket Scalability

Polymarket runs entirely on Polygon’s (POL) Proof-of-Stake network, which is known for its low-cost and high-speed infrastructure.

Polymarket’s recent integration with the X platform (Twitter) through Polygon has introduced the on-chain prediction market to over 600 million users, while expanding exposure to the Polygon ecosystem itself.

Polygon’s upcoming network upgrades – PIP 60 and PIP 43 – promise increased throughput of up to 1,000 transactions per second (TPS) as well as a reduction in finality time to around 5 seconds. This will directly improve user experience on platforms like Polymarket.

According to Polygon Labs, this upgrade will expand transaction capacity for applications such as Polymarket, real-world assets (RWAs), and payment services – strengthening Polygon’s position as the top choice for consumer-scale crypto usage.

“Polymarket’s success is a win for Polygon, Ethereum, and the entire crypto ecosystem,” said Josh Stark of the Ethereum Foundation.

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Ethereum (ETH): The Settlement Layer Behind Everything

Ethereum (ETH) plays a fundamental role in Polymarket’s success story, serving as the base layer that allows the platform to exist and thrive.

“Polymarket wouldn’t be possible without Ethereum, native USDC, and EVM wallets since 2020,” Nick Tomaino said.

Polymarket’s reliance on the Ethereum Virtual Machine (EVM) gives it access to the industry’s largest developer ecosystem, along with tools, security infrastructure, and extensive community support.

The integration of USDC on the Ethereum network also enables the transaction settlement process in the prediction market to be seamless and efficient.

As Ethereum’s Layer-2 ecosystem continues to grow-including rollups like Katana-applications like Polymarket gain more scalability options to reach users at scale.

Josh Stark predicts that the symbiotic relationship between Ethereum and its L2 network will make EVM the “most sensible choice” for large applications in the future.

Polymarket’s surge in valuation is not only a win for its investors, including CEO Shayne Coplan, but also a validation of its entire technology stack: Ethereum, Polygon, and UMA.

While the spotlight is on the Polymarket platform itself, the deeper value lies in the protocols that support its decentralized logic and scalability.

As the prediction market moves further into the mainstream, these three altcoins – UMA, Polygon (MATIC), and Ethereum (ETH) – could be the ones to benefit the most from the quiet rise of the Polymarket.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. Altcoins Benefit from Polymarket’s Soaring Valuation. Accessed on October 13, 2025