TOTAL VOLUME:
$142.3b
24H VOL:
$107,419,736
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,594,026,835
471,138
Markets across
35,775
events
MATCHED EVENTS:
2,926
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This market tracks whether the stock of Stronghold Digital Mining (STRC) will reach a price of $100 per share by November 30th. Currently, the Polymarket market gives an 88.5% probability to STRC hitting $100 by that date. Resolution will be based on TradingView’s 1-minute candles, specifically looking at the high value of each candle. Keep an eye on STRC’s performance leading up to November 30th, as any 1-minute candle with a high of $100 or more between market creation and 11:59 PM ET on that date will trigger a “Yes” resolution.
This market will resolve to "Yes" if any TradingView 1 minute candle for STRC between market creation and the listed date, 11:59 PM ET, has a final “High” value of at least $100. Otherwise, this market will resolve to "No." The resolution source for this market is TradingView, specifically the STRC “High” values available at https://www.tradingview.com/chart/?symbol=NASDAQ%3ASTRC, with the chart settings on "1m" for one-minute candles selected on the top bar. If, on the listed date at 11:59 PM ET, price data is unavailable from TradingView for any relevant period, price data from Wall Street Journal Markets, Google Finance, and MarketWatch will be used, in that order. If price data is not available for the relevant period from any of these sources, this market will resolve based on the available data at that time.
Currently, this market indicates a substantial probability that STRC will reach $100. Looking at broader expectations, analysts’ price targets and sentiment surrounding STRC vary, but the implied probability from this market offers a unique perspective. The odds reflect what traders are willing to bet on the future price, aggregating diverse opinions into a single, quantifiable measure. It's important to remember that prediction market prices are driven by incentives, and therefore may differ from traditional forecasts or polls about STRC’s future performance.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell shares representing their belief about whether STRC will hit $100. The price of these shares directly reflects the probability of that outcome, as perceived by the market participants. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market’s price is determined by supply and demand; if more traders believe STRC will reach $100, the price of ‘yes’ shares will increase, and vice versa. This dynamic pricing ensures the market reflects the collective wisdom of the crowd.
This market resolves around Jan 1, 2027, with the outcome confirmed once the STRC price is verifiable from credible public reporting. The resolution will be based on a publicly available price feed, determining whether STRC traded above $100 at any point before the resolution date. Traders will then be paid out based on their holdings in the ‘yes’ or ‘no’ shares, reflecting the accuracy of their predictions. The market’s resolution is designed to be objective and transparent, relying on established price data.
Several factors could significantly influence this market. Major developments in the STRC ecosystem, such as protocol upgrades or partnerships, could shift sentiment. Broader trends in the cryptocurrency market, including Bitcoin’s price action and regulatory news, are also likely to play a role. Unexpected news regarding the development team or the adoption of STRC could also cause significant price movement. Positive or negative media coverage, and overall market risk appetite, are additional signals that traders will be watching closely as the resolution date approaches.