Robinhood's Crypto Prediction Market Sets SOL Price Target for September 6
Rights holders on Robinhood's Crypto Prediction Market are placing bets on SOL's price at a specific date and time. The market is set to resolve on September 6, 2026, at 10 pm EDT. Those who correctly predict the SOL price will receive $1 for every contract they own.
The prices used to determine this market are based on CF Benchmarks' corresponding Real Time Index (RTI). This index collects 60 RTI prices in real-time and calculates the average value, which is then used as the official final price. This method aims to provide a more accurate representation of SOL's price compared to other sources.
The market offers a range of possible outcomes, with varying payouts depending on the predicted price. If the SOL price reaches $105.5 or above by 10 pm EDT on September 6, 2026, those who own contracts will receive $64 per contract. However, if the price goes beyond $106.75, the payout drops to $21 per contract.
The market is open 24 hours a day, except for Thursdays between 3 am and 5 am ET. Traders can close their positions before the event resolves or wait until the outcome is determined.