Kalshi Hits $22 Billion Valuation After $1 Billion Series F Funding
- Funding and Valuation: Kalshi secured $1 billion in Series F funding led by Coatue, achieving a valuation of $22 billion, effectively doubling its worth in just five months, which underscores strong market confidence in its prediction market platform.
- Surge in Trading Volume: The platform's annualized trading volume skyrocketed from $52 billion to $178 billion over six months, with institutional trading volume surging by 800%, indicating Kalshi's dominance in the U.S. prediction market, accounting for over 90% of the activity.
- Revenue and User Growth: Kalshi reported an annualized revenue of $1.5 billion with two million monthly active users, reflecting not only the attractiveness of its offerings but also laying a solid foundation for future expansion.
- Strategic Expansion Plans: The new capital will be used to scale adoption among hedge funds, asset managers, and insurance companies, while also launching new product lines, including recently introduced block trading capabilities, further enhancing its competitive edge.
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Technical Analysis for F
Technical Sentiment Analysis for SynFutures (F). As of , SynFutures (F) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for F stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, F is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SynFutures (F) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00444 | 0.00495 | 0.0054 | 0.00591 | 0.00636 | 0.00687 | 0.00732 |
| Fibonacci | 0.00495 | 0.00532 | 0.00555 | 0.00591 | 0.00628 | 0.00651 | 0.00687 |
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