Robinhood Predicts Solana Price for 2026 in New Crypto Contract

Robinhood's crypto prediction market is offering a new contract focused on the future price of Solana (SOL). The event contract asks traders to predict whether the price of SOL will be above certain thresholds on October 6, 2026, at 11 PM EDT.

The current odds show varying levels of confidence among traders. For instance, there is an 81% chance that SOL will be above $116.75, while the odds drop to 17% for the price reaching $119.75 or above. These predictions are based on CF Benchmarks' Real Time Index (RTI), which collects 60 prices in the final minute before expiration to determine the official value.

Traders can profit by correctly predicting the price outcome. If their prediction is accurate, they receive $1 for every contract they own. Alternatively, they can close their position before the event resolves. However, additional fees and trading restrictions apply, particularly for those with material, non-public information.

The contract is offered by Robinhood Derivatives, LLC through various exchanges, including KalshiEX LLC and ForecastEX, LLC. The platform emphasizes that trading such contracts involves significant risk and is not suitable for everyone.