Robinhood Contract Sets Price Targets for SOL on August 7, 2026

The cryptocurrency market has been abuzz with predictions and speculation about the price of SOL on August 7, 2026. A contract offered by Robinhood Derivatives, LLC is betting on whether the price will reach certain thresholds at 11pm EDT that day.

According to the contract terms, if the SOL price reaches $73.75 or above, holders of the contract can expect a payout of 98¢ per contract owned. If the price tops $74 or higher, the payout jumps to $1 per contract, and if it hits $74.25 or more, it's another $1.

However, those who predict that SOL will not meet these targets have an opportunity to close their positions before the event resolves. It's worth noting that the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI), which takes the average of 60 RTI prices collected at the last minute before expiration.