The Kalshi platform had consistently favored the Democratic challenger in the House race as well, with Christian Menefee’s odds holding firm since February.
The Stakes Behind The SpendingTexas voters cast ballots Tuesday in two runoffs — one statewide, one in the Houston-area 18th congressional district. On the Republican side, Paxton faced Cornyn for the US Senate seat.
On the Democratic side, Green faced Menefee to determine who runs in November’s general election. The outcomes could shape the balance of power in Congress when the new session begins in 2027.
A local commentator who appeared on a FOX26 segment said he saw 12 television commercials in a single day paid for by the Protect Progress PAC, pointing out that the same group of people funding those ads are also among Trump’s primary financial backers.
The Senate race drew spending from a separate PAC. The Fellowship PAC, backed by Wall Street firm Cantor Fitzgerald and Anchorage, reported a $500,000 expenditure in support of Paxton — a move that came roughly 24 hours after Trump endorsed Paxton and criticized Cornyn for being slow to back him as a Republican presidential candidate.
Prediction Markets And What They ShowedUnder the current Republican-led Congress, lawmakers have already passed cryptocurrency-friendly legislation, including the stablecoin GENIUS Act, giving the industry a clear interest in who holds these seats when the next session convenes.
Featured image from Getty Images, chart from TradingView
