Robinhood Contracts Predict ETH Price Range for August 8, 2026
The cryptocurrency market has been abuzz with predictions and speculation about the future price of Ethereum. One such prediction comes from Robinhood's Crypto Prediction Market, which offers a contract that predicts the ETH price range on August 8, 2026 at 5am EDT.
According to the contract, the predicted price range is between $1,915 and $1,919.9999¢, with another possible range between $1,905 and $1,909.993¢, and a third possibility of $1,910 to $1,914.991¢.
The contract also specifies that if the price of Ethereum falls below $1,154.99 on August 8, 2026 at 5am EDT, it will pay out. The payout is usually made within one hour of the event resolution, and participants can either close their position before the event resolves or wait for the outcome.
The contract uses CF Benchmarks' Real Time Index (RTI) to determine the official and final value, which is calculated as the average of 60 RTI prices collected at the last minute before expiration. It's essential to note that this market involves significant risk, and participants should carefully consider their personal financial circumstances before trading.