BREAKING: Polymarket Launching Bitcoin, Ethereum & Solana Price Contracts in US

43 mins ago Updated 32 mins ago

Independent Sr. Journalist

Expertise : Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More

Varinder is a seasoned leader in the fintech and crypto media with over 13 years of experience, including over 7 years dedicated to blockchain, crypto, and Web3 developments. He is known for covering high-impact and quality news stories for publishers such as CoinGape, The Coin Republic, and The Crypto Times, while perfecting and training multiple journalists during his tenure. Being a Master of Technology degree holder, analytics thinker, and tech enthusiast, he has shared his knowledge of disruptive technologies in over 6000 news articles and papers.

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Polymarket Launching Bitcoin, Ethereum & Solana Price Contracts in US

Polymarket US Plans to Launch Bitcoin, Ethereum and Solana Price Contracts

According to filings with the US CFTC, QCEX has self-certified a new set of crypto price event contracts under the federal regulations. QCEX, operating at Polymarket US, plans to list Bitcoin, Ethereum and Solana price contracts on the platform.

This clears the path for Polymarket US to list the contracts as soon as August 28. The move is a self-certification, not a formal CFTC product approval. The agency can still review or stay the contracts before they go live.

Bitcoin, Ethereum, and Solana products are event contracts tied to crypto prices, not leveraged perpetual futures. Traders would take positions on whether Bitcoin, Ethereum or Solana price will trade above, below, or within a stated level at a given time.

These are binary options contracts and Polymarket users are required to bet ‘Yes’ or ‘No’ on event contracts such as “Will the value of Bitcoin be above $95,000.00 at 2:30 PM ET on August 31, 2026.” Ethereum and Solana filings follow the same structure.

Prices would settle using CF Benchmarks data rather than a single exchange print. Contracts are fully collateralized $1 contracts, meaning traders post the full amount at risk upfront.

If listed on schedule, US users would be able to trade BTC, ETH and SOL price questions on Polymarket’s regulated exchange as soon as this Friday.

BTC, ETH, and SOL Prices Eye Upside Momentum

Bitcoin price fell below $78K after PCE inflation data came in hot. However, BTC price jumped almost 2% to reclaim $80,000 over the past 24 hours amid bullish sentiment. Trading volume has increased by 5% over the past 24 hours.

As CoinGape reported, BlackRock’s digital assets head Robert Mitchnick said Bitcoin‘s macro case is strengthening with growing US debt and fiscal concerns. This increase the odds of Bitcoin price rally in coming months.

Meanwhile, Ethereum price jumped 3% in the past 24 hours, with the price currently trading at $2,505. The 24-hour low and high are $2,433 and $2,558, respectively. Furthermore, trading volume has increased by 24% in the last 24 hours, indicating a rise in interest among traders. Polymarket participants believe Ethereum price will not dip to $1,750 again this year.

Solana price surpassed the $100 psychological level after a more than 7% jump. It hit a 24-hour high of $105.55. The daily active addresses on Solana have jumped massively over the past 24 hours. Solana price prediction pointed to further upside toward $120.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.