BitChat downloads have surged by over 437,000 amid ongoing protests in Iran, as authorities restrict internet access.
As protests continue to escalate in Iran, the encrypted messaging app BitChat has experienced a dramatic increase in downloads, with over 437,000 new users in the past week alone.
This surge comes as Iranian authorities impose strict internet restrictions, prompting activists to recommend BitChat as a communication alternative. The app, which operates without an internet connection by using Bluetooth technology, allows users to send encrypted messages over short distances. Jack Dorsey has publicly supported the application, emphasizing its utility during the unrest.
The people of Iran can use a very simple app: BITCHAT, that doesn’t need an internet connection at all. Just text communication via Bluetooth connection proximity and mesh Bluetooth network.
— Abstract Wine🍷 (@AbstractWine) January 8, 2026
Data from Chromestats indicates that downloads spiked by 43,000 in just one day, although the exact number of users from Iran remains unclear. Previously, BitChat gained traction in Nepal and Indonesia during protests against their governments.
In addition to BitChat, Elon Musk's Starlink satellite service has been called upon to provide internet access amid the ongoing disruptions. Reports suggest that Musk has responded to these appeals, allowing protesters to utilize Starlink for free during this critical period.
In light of the internet shutdown in Iran, Elon Musk opened the Starlink network for free use for protesters.
— Eli Afriat 🇮🇱🎗 (@EliAfriatISR) January 8, 2026
Political Climate and Market Reactions
Market predictions regarding the potential overthrow of Iran's Supreme Leader Ali Khamenei have also intensified, with Polymarket users placing the likelihood of his ousting at 55%, a notable increase from previous estimates.
This spike in prediction market activity follows widespread unrest and warnings from U.S. officials regarding potential military responses to the government’s violent suppression of protests, which have reportedly resulted in over 45 deaths.
As of now, the total betting volume on Polymarket has surpassed $559,000. Traders are speculating on various timelines for Khamenei's potential exit, with 16% betting on an overthrow by the end of January, and 29% by the end of March.
Concerns Over Market Integrity
Amidst this turmoil, concerns have been raised regarding potential insider trading on Polymarket, particularly involving bets linked to U.S. military actions in Iran. A noteworthy case involved a user who reportedly profited over $400,000 shortly after creating their account, sparking investigations into the integrity of trading practices on the platform.
Congressman Richie Torres has proposed legislation to prohibit insider trading within prediction markets, highlighting the need for regulatory oversight in these speculative environments. Meanwhile, analysts have flagged unusual betting patterns indicating possible foreknowledge of U.S. military actions.
Insiders are betting on the Polymarket that "US strikes Iran by Jan 31, 2026." Four newly created wallets simultaneously placed bets when the odds were below 18%.
— Lookonchain (@lookonchain) January 8, 2026
