Ethereum Price Predictions for October 2026: Robinhood Derivatives LLC Launches New Contract

The cryptocurrency market is abuzz with excitement as Robinhood Derivatives, LLC has introduced a new contract on the Ethereum price for October 1, 2026. The contract offers participants a chance to predict whether the price of ETH will reach certain thresholds at 5pm EDT.

The contract stipulates that if the price of ETH is $2,650 or above, the participant's prediction is correct and they receive a payout. If it reaches $2,690 or above, the payout increases to 80 cents per contract. However, if the price surpasses $2,730 or above, the participant receives 48 cents for each contract.

The contract resolution will be based on the average of 60 Real Time Index (RTI) prices collected at the last minute before expiration. Robinhood Derivatives, LLC has emphasized that the contract is not suitable for everyone and comes with significant risks.