Polymarket's nearly $9 million market shows traders believe there is a 17% probability that Ethereum will reach $3,000 by 2026.

According to Odaily, the contract on Polymarket titled "Will Ethereum reach $1,000 or $3,000 first" has a trading volume of $95,300. Traders are pricing the $1,000 outcome at 54 cents and the $3,000 outcome at 50 cents. The market settles using one-minute K-line data of the ETH/USDT pair from an exchange, with the deadline set for December 31, 2026.

The trading volume for the "What price will Ethereum reach in 2026" market on Polymarket is close to $9 million. Traders believe there is an 83% probability that Ethereum will reach $2,000, a 56% probability for $2,500, a 12% probability for $3,500, and less than a 4% probability for $5,000.

Another Polymarket contract tracking whether Ethereum will reach a new all-time high has a trading volume of $2.3 million. Traders estimate a 6% probability that this will happen before December 31, and a 1% probability that it will happen before September 30. Data from a related market on Kalshi shows traders assign a 15% chance for Ethereum to surpass $3,500 within the year, 12% for $3,750, and 10% for $4,000.