- Prediction markets are active on Myriad, with users forecasting prices for ETH, XRP, and SOL.
- Most users expect Ethereum (ETH) to surpass $5,000 by the end of 2025, with 82% odds in favor.
- XRP traders lean toward the token reaching $4 next, though some expect a possible dip to $2 first.
- Sentiment is split on Solana (SOL) reaching a new all-time high by year’s end, with recent odds moving from 31% to over 45%.
- Potential catalysts include pending ETF approvals and anticipated Federal Reserve actions in September.
Prediction markets on the Myriad platform have seen increased activity this week, with users making forecasts about the future prices of Ethereum (ETH), XRP, and Solana (SOL) as the crypto market responds to recent developments.
As of Thursday, 82% of Myriad predictors believe that Ethereum (ETH) will surpass $5,000 before the end of 2025. The token traded at $4,544, just 6.6% below its previous high of $4,878 set in 2021. Despite a recent pullback after a market-wide cooldown and a higher-than-expected Producer Price Index report, confidence in ETH’s prospects remains strong. Activity from publicly traded firms and ongoing ETF inflows are cited as factors supporting this view.
For XRP, which is linked to Ripple, market participants are debating whether the token will hit $4 or fall to $2 first, according to the “XRP’s next hit” market. On Thursday, XRP traded at $3.06—16% below its recent peak. Currently, 68% of predictors believe it will reach $4 first, a figure that has increased by 18% over the past week as interest grew following the conclusion of Ripple’s legal battle with the Securities and Exchange Commission.
Solana (SOL), which peaked near $300 earlier this year, has fallen about 33% from its high. On the “New Solana ATH” market, sentiment is divided on whether SOL will reach a new all-time high by the end of 2025. Odds have risen from 31% to over 45% within a week as SOL rebounded almost 14%, moving closer to the $200 mark. Some believe the asset may benefit from a spot ETF approval or ongoing interest in meme coins and public treasury investments.
Market analysts point to potential triggers ahead, including the Federal Reserve’s possible interest rate changes in September and pending ETF filings for both XRP and SOL.
Other factors influencing trader sentiment include legal victories, strategic hiring, and active treasury accumulation among public firms. ETF inflows have notably impacted prices of leading cryptocurrencies, and any regulatory decisions could play a significant role in price movements toward the end of the year.
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