TOTAL VOLUME:
$116.7b
24H VOL:
$99,401,033
24H TRANSACTIONS:
1,362,287,844
OPEN INTEREST:
$1,177,208,320
335,484
Markets across
33,267
events
MATCHED EVENTS:
4,184
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
↑ 2,750
- Polymarket
↑ 2,750 - Polymarket
77%
1W
News
Positive
Negative
Neutral
Hover marker for details
Aug 20
Aug 21
Aug 22
Aug 23
Aug 24
Aug 25
Aug 27
Vol.
$17.7k
·
Resolves Jan 1, 2027
$
This event group aggregates multiple price-level prediction markets for Ethereum across 2026, asking whether ETH will touch specific price points (upside targets ranging $3,500–$10,000 or downside floors ranging $800–$2,500) by year-end. Polymarket uses intraday Binance 1-minute candle extremes (High/Low) as the trigger mechanism, while Kalshi uses a single spot price snapshot at Jan 1, 2027 midnight—creating a fundamental settlement methodology divergence.
What price will Ethereum hit before 2027?
Resolution is determined by the CF Ethereum Real-Time Index (ETHUSD_RTI) measured from market issuance through January 1, 2027 at 12:00 AM ET. The resolution price is calculated using a trimmed mean methodology: all minute-by-minute ETHUSD_RTI values during the measurement period are collected, the top 20% and bottom 20% of values are excluded, and the remaining 60% are averaged. Each outcome resolves to Yes if the trimmed mean price reaches or exceeds its specified threshold. If no data is available at expiration, all outcomes resolve to No. Price data from CF Benchmarks is considered authoritative, and any revisions made after expiration do not affect market resolution.
Prediction market odds reflect collective trader beliefs about Ethereum's 2026 price, which may diverge from current spot prices due to time horizon, volatility expectations, and risk premiums. Markets price in both bullish and bearish scenarios; some outcomes show strong conviction while others remain uncertain. The aggregated volume of $14,610,591 indicates substantial interest in this event. Comparing these odds to today's spot price reveals whether the market expects appreciation, depreciation, or range-bound trading over the next two years, accounting for macroeconomic shifts and on-chain developments.
Polymarket and Kalshi may show different implied probabilities for the same Ethereum price outcome due to distinct user bases, liquidity pools, and market-making strategies. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Regulatory frameworks, fee structures, and order-flow patterns also influence pricing. Polymarket currently shows 76.0% chance for its top outcome, while Kalshi shows 28.0%, a spread of 48.0 percentage points. These gaps create arbitrage opportunities and reflect how fragmented prediction markets remain across geographies and trading styles.
Major catalysts include Ethereum protocol upgrades, shifts in institutional adoption, regulatory clarity or crackdowns, macroeconomic cycles, and Bitcoin price movements. Staking yield changes, layer-2 scaling success, and competition from other smart-contract platforms also influence sentiment. Geopolitical events, central bank policy, and tech sector valuations ripple into crypto markets. Large liquidations or whale accumulation can trigger sharp repricing. With Jan 1, 2027 still distant, traders should monitor on-chain metrics, developer activity, and broader market structure to adjust positions as conviction levels change.