The odds of U.S. Vice President Kamala Harris winning the 2024 presidential election have surged, bringing her neck and neck with former President Donald Trump on the decentralized prediction platform Polymarket. Both candidates now stand at a 50% chance of winning, according to recent data from the platform.
Over the weekend, Harris’ odds rose from around 46% last Thursday, pushing her back into a tie with Trump. This comes after a volatile period where Harris briefly led Trump two weeks ago before losing ground. The market, which has seen over $732 million in bets, continues to fluctuate as election dynamics shift.
Earlier in the race, Trump had a commanding 72% lead in mid-July before President Joe Biden’s withdrawal and subsequent endorsement of Harris reshuffled the odds.
In key swing states, Polymarket data shows Trump outperforming Harris in Georgia, Arizona, and Nevada, while Harris holds leads in Michigan and Wisconsin. The two are tied in Pennsylvania, indicating a tight and unpredictable race.
Meanwhile, last Friday, independent candidate Robert F. Kennedy Jr. suspended his campaign and endorsed Trump, aligning with the former president on crypto-friendly policies. Trump has been vocal in supporting decentralized finance, backing “The DeFiant Ones,” a project led by his sons, which recently rebranded to “World Liberty Financial.” Trump has pledged to halt what he describes as an “unlawful and un-American crackdown” on the U.S. crypto industry.
Harris, while not directly endorsing blockchain or crypto, is reportedly planning to support initiatives that could foster digital asset growth, according to a senior campaign adviser.