Polymarket odds of ETH hitting $2,600 in October rise to 80%

Polymarket odds of ETH hitting $2,600 in October rise to 80%

N
News Editor
2026-10-08 11:31:16
PPP’s prediction market tracker shows that the Polymarket contract on whether ETH will touch $2,600 during the rest of October has climbed to an 80% probability, up 29% over the past 24 hours. The market’s resolution rules are tied specifically to Binance’s ETH/USDT pair. Under those terms, the contract resolves to Yes if the high of any 1-minute candle on Binance ETH/USDT reaches or exceeds the target price at any point during the specified month. If that threshold is not reached, the market resolves to No. The rules also make clear that only Binance ETH/USDT price data counts for settlement. Prices from other exchanges or from other trading pairs are excluded and will not be considered in the final outcome. The update reflects a sharp move in market-implied odds rather than a spot price statement.

PPP’s prediction market tracker shows that the Polymarket market on whether ETH will touch $2,600 during the remainder of October has risen to an 80% probability, up 29% in the past 24 hours.

Settlement depends only on Binance ETH/USDT data

Under the market’s resolution rules, the contract resolves to Yes if, during the specified month, the high of any 1-minute candle on Binance ETH/USDT reaches or exceeds the target price. Otherwise, it resolves to No.

The market uses only Binance ETH/USDT price data for settlement. Prices from other exchanges or other trading pairs are not counted.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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