Polymarket has launched on Solana, enabling users to make SOL deposits, the company said in a brief announcement posted Monday to X.

The crypto-based prediction platform uses the Polygon network but has, up until now, required users to buy USDC stablecoins for deposits. Curiously, users cannot make deposits using Polygon's native MATIC token. Solana is the sixth most popular cryptocurrency by market cap, just ahead of USDC.

Polymarket's move to launch on Solana and allow SOL deposits is most likely designed in part to boost activity on the platform made popular during the U.S. presidential election. Polymarket hit 450,000 monthly active traders in January, but those numbers have since decreased slightly, according to The Block Data Dashboard.

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