Trading

Robinhood lists SOL and Dogecoin price prediction markets in same week

Published Sep 22, 2026Updated 13h ago

Robinhood listed a live prediction market for Solana (SOL) on September 22, 2026, pricing contract probabilities at 64¢ for $117.75 or above, 51¢ for $118 or above, and 34¢ for $118.50 or above. The listing is part of Robinhood's crypto prediction-markets product line. Robinhood subsequently listed a Dogecoin price prediction market for September 27, 2026. Both contracts pay $1 if the prediction is correct and $0 if not.

Why this matters?

Robinhood's crypto prediction markets now span SOL and back-to-back altcoin listings that target the same retail traders Kalshi needs for its Bitcoin perpetual futures launch. The SOL contract's tiered strike structure — three price levels with probabilities stepping from 64¢ down to 34¢ — lets traders fine-tune risk in ways Kalshi's daily-contract format does not match.

Each new token listing raises the asset-coverage bar slower rivals must clear. Robinhood's $156 million Q2 prediction-markets revenue already tops its legacy crypto and equities businesses, so partner concentration risk now threatens the growth thesis Wall Street priced above $145. Kalshi faces the sharper squeeze as Robinhood trains its retail base to expect rapid settlement windows and expanding token choice.

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