Robinhood Launches SOL Price Prediction Market for 2026
Robinhood has launched a new prediction market for the price of Solana's native token, SOL, on October 7, 2026, at 1am EDT. The platform allows users to speculate on whether the price of SOL will reach certain thresholds, with varying probabilities assigned to each outcome. As of the latest data, there is a 96¢ chance that SOL will be priced at $117.5 or above, an 81¢ chance it will reach $117.75 or above, a 52¢ chance it will hit $118 or above, and a 31¢ chance it will surpass $118.25.
The price used to determine the market's outcome is based on CF Benchmarks' corresponding Real Time Index (RTI). This index collects 60 RTI prices in the final minute before expiration, averaging them to determine the official and final value. The platform emphasizes that not all cryptocurrency price data is the same, and the RTI is the authoritative source for this prediction market.
Participants can earn $1 for every contract they own if their prediction is correct. Alternatively, they can close their position before the event resolves. The trading hours for this market are 24 hours a day, except for a two-hour window on Thursdays from 3am to 5am ET. Payouts usually occur within one hour of event resolution.
The platform also outlines trading prohibitions, including restrictions for persons employed by any of the Source Agencies or those holding material, non-public information on the underlying asset. Additional fees and eligibility requirements apply, and users are advised to carefully consider the significant risks involved in trading such derivatives.