Onchain gambling hits $14B in Q1 2026 despite crypto slump

Onchain gambling reached $51 billion in 2025 and held at $14 billion in Q1 2026, remaining near record levels despite a broader crypto market pullback. TRM Labs reported that repeat users and stablecoin flows insulated the sector, while prediction markets overtook gambling for the first time with $36.6 billion in Q1 2026 volume.