TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 31, 12:00 PM EST
Polymarket
This market tracks whether Ethereum will trade above $1,600 on Polymarket, based on the Binance ETH/USDT pair. The leading outcome—that ETH closes above $1,600—currently stands at 99.7% probability on Polymarket. Resolution will be determined by the closing price of the 1-minute candle at noon ET on May 31, 2026, using Binance's official ETH/USDT data. Watch the Binance ETH/USDT price action as May 31, 2026 approaches to see if Ethereum maintains levels above the $1,600 threshold.
Prediction market odds reflect traders' collective belief about Ethereum's price on May 31, 2026, often diverging from current spot prices and analyst forecasts. While spot markets react to immediate news and technical levels, prediction markets price in longer-term conviction and tail risks. Comparing the implied probability on Polymarket to consensus analyst price targets or on-chain sentiment indicators can reveal whether the market is pricing in bullish or bearish scenarios relative to mainstream expectations. This gap often signals where informed traders see value or risk.
Ethereum's price trajectory toward May 31 could be shaped by major protocol upgrades, regulatory announcements affecting crypto markets, macroeconomic shifts in risk appetite, Bitcoin price movements, and institutional adoption news. Layer 2 scaling developments, staking yield changes, and Ethereum's competitive position against other smart-contract platforms also influence sentiment. Broader crypto market cycles, Federal Reserve policy, and geopolitical events can drive volatility. Traders monitor on-chain metrics, developer activity, and exchange inflows to gauge momentum shifts that might push Ethereum above or below the threshold by resolution.