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Onchain gambling keeps rolling with $14B quarter despite crypto slump: TRM Labs

TRM Labs reports that onchain gambling remained unusually resilient during the broader crypto market pullback, generating $14 billion in Q1 2026 after an all-time high $15 billion quarter in Q4 2025. The firm said total onchain gambling volume reached $51 billion in 2025, while prediction markets grew even faster and surpassed gambling in Q1 2026 with $36.6 billion in volume versus gambling’s $14 billion. The article suggests sustained user engagement and stablecoin-based activity have insulated these sectors from the market correction. It also highlights concentration risk: high rollers made up just 6.3% of personal gambling wallets but accounted for 91.8% of volume since 2022. The piece is broadly constructive for crypto usage metrics, but it is not directly about Bitcoin price action; instead it underscores continued blockchain transaction activity despite weak market conditions.

Category

Bitcoin

Sentiment

Mixed

Event

Market commentary

Reading time

1 min