TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 1, 5:00 PM EST
Kalshi
This event divides Ethereum's price on July 1, 2026 at 5pm EDT into specific price ranges. Participants bet on which range ETH will fall within, from below $790 to above $2,310. The resolution uses CF Benchmarks' Ethereum Real-Time Index, averaging 60 price points collected in the final minute before expiration.
Resolution is determined by the simple average of sixty seconds of CF Benchmarks' Ethereum Real-Time Index (ERTI) collected immediately before 5 PM EDT on July 1, 2026. Each outcome represents a distinct price range, and the market resolves to Yes for the outcome matching the 60-second average (e.g., between 790-829.99 for the second outcome, between 830-869.99 for the third, etc.). The official price is calculated as the mean of all 60 RTI prices collected during the final minute, ensuring consistent, institutional-grade pricing independent of retail sources.
Prediction market odds reflect aggregated trader beliefs about future price ranges and often diverge from current spot prices or analyst forecasts. While spot markets price Ethereum for immediate settlement, this market embeds longer-term uncertainty and risk premiums across multiple price brackets. Traders betting on specific ranges are essentially making probabilistic bets on volatility, adoption catalysts, and macroeconomic conditions between now and July 2026. Comparing the implied probabilities here to consensus analyst price targets can reveal whether the market is pricing in more or less optimism than traditional forecasters.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to each price range outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each bracket functions as a separate contract, and the price of a share reflects the collective willingness to bet on that range. As new information emerges—regulatory news, technical developments, or macroeconomic shifts—traders adjust their positions, moving prices up or down. The tighter the bid-ask spread on a particular range, the more confident and liquid that outcome is considered to be.
This market resolves around Jul 1, 2026, at which point the winning price range is determined by Ethereum's verified spot price at that specific moment. The outcome is confirmed once the event is verifiable from credible public reporting of ETH's USD value. Traders holding shares in the correct bracket receive their payout, while all other positions expire worthless. The resolution window is precise to ensure fairness and eliminate ambiguity about which range applies.
Major catalysts include Ethereum protocol upgrades, shifts in institutional adoption, changes to regulatory frameworks, and broader cryptocurrency market sentiment. Macroeconomic factors—interest rates, inflation, and risk appetite—also influence long-term crypto valuations. Technical breakthroughs or security incidents could reshape trader expectations about Ethereum's utility and price trajectory. Additionally, competing blockchain developments and shifts in decentralized finance activity may alter the probability distribution across price ranges as the July 2026 settlement date approaches.