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Prediction markets suggest Bitcoin will likely hit new highs this month, but confidence continues to dwindle for year-end bets on Solana, XRP and Ethereum.
Bitcoin has a 69% chance of breaking its current all-time high of $111,970 by July 31, according to crypto prediction platform Polymarket.
Polymarket odds show a 69% chance that Bitcoin will break its all-time high by August (Polymarket)
But Polymarket’s odds of other major cryptocurrencies reaching new all-time highs by the end of the year have declined since the June Trade Secrets Column.
Solana now has just a 22% chance of surpassing its previous peak of $293 by the end of 2025, down 5% from its odds last month, despite its price slightly rising 2.53% over the period.
XRP’s odds of hitting a new all-time high by year-end have also slipped 13% this month, down to 25%. XRP has yet to top its 2018 high of $3.40 and saw a 4.61% price increase over the past month
