TOTAL VOLUME:
$154.3b
24H VOL:
$219,029,434
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,869,293,526
411,051
Markets across
40,408
events
MATCHED EVENTS:
4,377
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 4, 4:08 AM EST
Polymarket
This market tracks whether Ethereum will reach a price of $2,600 or $2,500 during the period of September 28th to October 4th. Currently, the probability of Ethereum dipping to $2,600 during that timeframe on Polymarket is 70.0%, while the probability of it dipping to $2,500 is 40.0%. Resolution will be based on 1-minute candle “High” prices for the ETH/USDT trading pair on Binance, specifically at https://www.binance.com/en/trade/ETH_USDT. Keep a close watch on Binance ETH/USDT price action as the betting period closes on October 4th at 11:59 PM ET, as that will determine the final outcome.
What price will Ethereum hit September 28-October 4?
Currently, prediction market odds reflect a degree of uncertainty regarding Ethereum's price trajectory. While spot price expectations are influenced by technical analysis and news events, this market aggregates the wisdom of the crowd, offering a forward-looking perspective. If a significant number of traders believe Ethereum will exceed a certain price, the odds will shift accordingly, potentially signaling a divergence from prevailing analyst forecasts. It’s important to note that prediction markets are not always perfectly aligned with spot price expectations, but they provide a valuable, alternative data point.
On Polymarket, this market is priced using a continuous double auction, meaning traders can buy and sell contracts representing their belief about Ethereum’s price. The price of each contract fluctuates based on supply and demand, reflecting the collective probability of the outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The closer the market gets to the resolution date, the more the price will likely reflect real-world price movements and any new information that emerges. Traders are incentivized to provide accurate predictions, as profitable trades are rewarded.
This market resolves around Oct 5, 2026, with the outcome confirmed once the average Ethereum price during the specified period (September 28th - October 4th) is verifiable from credible public reporting. The resolution will be based on data from a widely recognized and trusted source for cryptocurrency pricing. Traders who correctly predicted the Ethereum price range will receive payouts based on the odds at the time of their trade, while those who predicted incorrectly will forfeit their stake.
Several signals or events could significantly move this market before Oct 5, 2026. Major news regarding Ethereum’s development, such as successful upgrades or unexpected delays, could impact prices. Broader macroeconomic factors, including inflation data or Federal Reserve policy announcements, could also influence investor sentiment towards cryptocurrencies. Unexpected regulatory changes or security breaches within the Ethereum ecosystem could also trigger substantial price swings and shifts in the market’s probabilities. Keep an eye on these factors as they unfold.