Vitalik Buterin endorses Trueo prediction market's migration from Base to Ethereum, driving TRUE token market cap from $1.7M to $12M.
Regulation & Gov ·
Ethereum co-founder Vitalik Buterin publicly endorsed Trueo's migration from Base to Ethereum mainnet, praising the prediction market platform for its focus on decentralization and ethical design. Buterin's endorsement, shared on X, highlighted Trueo's work on dispute resolution and what he described as "interesting and meaningful things" within prediction markets. The endorsement came as Trueo announced its shift from Base—where it launched in March 2025—to Ethereum mainnet, a move the team attributed to alignment with the blockchain's network effects and global integrations rather than dissatisfaction with Base itself.
Following the endorsement, Trueo's native token TRUE experienced rapid appreciation, with market cap rising from approximately $1.7 million to over $12 million within hours. The token climbed roughly 699% in a single day. Trueo plans to focus post-migration on attracting liquidity across major market categories and deploying its next-generation oracle system, which the project emphasizes as critical for resolving prediction market outcomes through evidence from diverse data sources.
The timing underscores competitive pressures within the prediction market sector; rival platforms including Kalshi and Polymarket face ongoing legal disputes over unlicensed betting and gambling law violations. Trueo's migration will not interrupt existing Base trading, though the team advised users against creating new Base markets expiring after January 31, 2027. TRUE's all-time high remains $0.26, reached in August 2025, leaving current price levels roughly 50% below that peak.