Short Answer

ETH is expected to be $2,235 or above on October 31, 2026, at 9 PM EDT, with available price data consistently indicating ETH traded around $2,252–$2,255 at that time; the market prices this outcome at 99%.

1. Market Behavior & Drivers

No historical price data available.
  • ETH price appears $2,250 or above, reflecting October 31 estimated values.
  • Outcomes above $2,255 seem unlikely, with cited prices below this threshold.

Current Context

ETH spot traded around $2,253–$2,258 on October 31, 2026. At 9:00 PM EDT (01:00 UTC on November 1), ETH/USD was approximately $2,253–$2,258, varying by venue and quote type [1][2]. Corvus Terminal reported Kraken's 20:00–21:00 UTC hourly bar closing at $2,252, with a 22:50 UTC reading of $2,255. Twelve Data showed $2,253.72 at 9:44 PM UTC [1][2]. Daily ETH closes for October 31, 2026, largely fell within $2,252–$2,254: CoinGecko listed $2,254.13, CoinCodex $2,252.73, and MyFin $2,252.82 [3][4][5]. Market conditions were modestly positive. SwiftEdge reported ETH perpetuals at $2,257.9 at 6:35 PM ET, within an intraday range of $2,234.8–$2,266.1. A bid wall was observed near $2,246, an ask wall near $2,260, and estimated liquidation walls at $2,270 and $2,120 [6]. Corvus recorded a $2,258.66 spot last price and a +1.12% 24-hour change [1].
October catalysts and prediction markets showed mixed Ethereum outlooks. Key drivers included macro data and institutional flows. September CPI registered 3.7% year over year against a 3.6% forecast [7][8], and the October 28 Fed policy was identified as a significant event. Spot Ether ETF outflows also pressured ETH [7][8]. An October 24 forecast projected an October 31 close between $2,313 and $2,548 [9]. Prediction markets reflected varied sentiment. On October 7, Polymarket indicated a 49% chance of ETH reaching $3,000 before 2027, 37% for $2,250, and 20% for $2,000 [10]. Myriad assigned a 73.7% probability for $3,000 before $1,500, while Kalshi implied approximately $2,720 for year-end [10]. The October Ethereum prediction market, resolved November 1, 2026, showed a 100% probability for a downside $2,300 outcome and 7.0% for a downside $2,200 outcome in the retrieved snapshot; the search excerpt does not expose the complete market ladder or final settlement methodology [11]. The Glamsterdam upgrade, Ethereum’s next major protocol milestone, saw its Hoodi testnet deployment postponed from October 26 for EIP-8037 review; no replacement date was set in the October 22 announcement [9].
Sources (11)
  1. 1ETH | Corvus Terminaldapp.corvusterminal.app
  2. 2Ethereum to US Dollar (ETH/USD) - Historical data...twelvedata.com
  3. 3Ethereum Price History: Download ETH Historical Datacoingecko.com
  4. 4Ethereum (ETH) Historical Data | CoinCodexcoincodex.com
  5. 5Ethereum (ETH) Price History, Chart | Historical Data for Ethereummyfin.us
  6. 6Ethereum 31 Oct 2026: walls, positioning, liquidityswiftedge.uk
  7. 7Ethereum $2,600 Odds Fall to 44% on Hot CPI, ETF Outflows | Prediction.comprediction.com
  8. 8Ethereum $2,600 Odds Fall After Hot CPI | Prediction.comprediction.com
  9. 9Ethereum Price Prediction: Where Could ETH Be by the End of October? - 24/7 Wall St.247wallst.com
  10. 10Ethereum Price Cracks as 3 Prediction Markets Make Their Callsnews.bitcoin.com
  11. 11What price will Ethereum hit in October? Prediction Market — Odds & Analytics | CryptoRank.iocryptorank.io

2. Price Chart

Historical Price (Probability)

Outcome probability
Date

3. Market Data

Contract Snapshot

This Kalshi prediction market resolves to "Yes" if the final calculated Ethereum (ETH) price is at or above the specified target price (e.g., $2,255) at the expiration time, and "No" if it falls below. The market expires on October 31, 2026, at 9:00 PM EDT. The official ETH price for settlement is determined by averaging 60 CF Benchmarks' Real Time Index (RTI) prices, collected during the last minute before expiration.

Market Discussion

Prediction markets and historical data indicate Ethereum (ETH) was approximately $2,253 at 9:00 PM EDT on October 31, 2026, with specific market targets ranging from $2,252.84 to a composite close of $2,254.37 [1][2][3]. The precise settlement convention is crucial, as dedicated price markets often use an average of real-time index observations, influencing quoted probabilities for price thresholds like $2,250-or-above (76% on Robinhood) [1][4][2][5]. Separately, hourly directional markets showed mixed sentiment and divergent "Up/Down" probabilities across venues, reflecting varying contract definitions and timestamps rather than a consensus spot-price estimate [5][6].

Sources (6)
  1. 1ETH price on Oct 31, 2026 at 9pm EDT? Odds & Predictions - Public.compublic.com
  2. 2Ethereum price Today at 9:00 pm ET Prediction & Odds - Ethereum - OG.comog.com
  3. 3ETHUSD Historical Prices | ChartExchangechartexchange.com
  4. 4ETH price on Oct 31, 2026 at 9pm EDT Prediction Marketrobinhood.com
  5. 5ETH Up or Down Hourly Predictions & Odds 2026polymarket.com
  6. 6ETH Up or Down Hourly Predictions & Odds 2026polymarket.com

4. Trust Index

Octagon Trust Index Kalshi 78 Good

Largest single print on KXETHD-26OCT3121-T2244.99 carried 53% of its $1,579 tape (window is 88% of 24h flow)

Integrity risk· Large trades

How it adds up
Integrity80% of score81Good
Trade quality20% of score65Caution
Trust score78Good

Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index

Trust profile
Integrity4 screens run · 5 don't apply · 1 awaiting data

5. What key macroeconomic events in Q3 and Q4 2026, such as Federal Reserve policy meetings or CPI reports, could serve as major catalysts for Ethereum's price before October 31?

Final Fed Meeting before SettlementOctober 27–28, 2026 FOMC meeting [1][2][3]
September CPI Monthly Inflation0.6% [4][5][6]
Q3 Employment Cost Index ReleaseOctober 30 at 8:30 a.m. ET [4]
Major macroeconomic events are expected to significantly influence Ethereum's price. These include Federal Reserve policy meetings, Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE) inflation reports, and releases of labor market and Gross Domestic Product (GDP) data. Their primary impact on ETH stems from the repricing of expected Federal Reserve interest rates, Treasury yields, and the U.S. dollar [7][8]. Generally, softer inflation or weaker labor data would support Ethereum's price by fostering expectations of easier monetary policy, whereas hotter inflation or stronger growth and jobs data would exert pressure through tighter rate expectations [7][8].
Key Federal Reserve and inflation reports are scheduled catalysts. Federal Open Market Committee (FOMC) meetings are set for July 28–29, September 15–16, and October 27–28, 2026, with the latter being the final policy event before October 31 [1][9][2][3]. Significant inflation data releases include the August CPI report on September 11 and the September CPI report on October 14 [4]. The September CPI specifically recorded 0.6% monthly inflation, 3.7% year-over-year headline, and 2.6% year-over-year core inflation, presenting a potentially hawkish catalyst if markets interpret it as reducing room for Federal Reserve easing [5][6].
Labor market and GDP data also present significant catalysts. Other notable macroeconomic releases before October 31, 2026, include major labor market reports: the August employment report on September 4, the September employment report on October 2, and the Q3 Employment Cost Index on October 30 [4]. Additionally, Personal Consumption Expenditures inflation and income/spending data for August 2026 are scheduled for September 30 [10], concurrently with the releases of Q2 and Q3 GDP estimates [11][12].
Sources (12)
  1. 1The Fed - Meeting calendars and informationfederalreserve.gov
  2. 2The Fed - July 28-29, 2026 FOMC Meetingfederalreserve.gov
  3. 3The Fed - September 15-16, 2026 FOMC Meetingfederalreserve.gov
  4. 4Schedule of Selected Releases 2026bls.gov
  5. 5Consumer Price Index News Release - 2026 M09 Resultsbls.gov
  6. 6Consumer Price Index - September 2026bls.gov
  7. 7ETH Up or Down - 15 minutes Odds & Predictions - Public.compublic.com
  8. 8ETH price on Oct 31, 2026 at 9pm EDT Prediction Marketrobinhood.com
  9. 9Federal Open Market Committee announces its tentative...federalreserve.gov
  10. 10Personal Income and Outlays, July 2026bea.gov
  11. 11Release Schedule | U.S. Bureau of Economic Analysis (BEA)bea.gov
  12. 12BEA 26-42 | U.S. Bureau of Economic Analysis (BEA)bea.gov

6. What does derivatives data from exchanges like Deribit and CME indicate about institutional sentiment and expected volatility for Ethereum through October 2026?

ETH Futures Open Interest (Oct 2026)Above $30 billion [1][2][3][4]
Calls as % of Aggregate Options Open Interest61.75% [1][2][3][4]
CME Options Open Interest (Oct 2026)About 50,000 ETH (down from >500,000 ETH earlier in 2026) [1][2]
Ethereum derivatives data through October 2026 indicated mixed, mildly bullish sentiment. Institutional and market sentiment appeared cautiously optimistic but did not definitively signal widespread institutional accumulation. Retail and crypto-native options activity showed a bullish bias, with leverage remaining elevated. Expected volatility was moderate to elevated around the October 30 expiry and potential catalysts, with inherent downside liquidation risk despite a general bullish call skew [1][2][3][4].
Specific metrics for October 17–31, 2026, revealed nuanced institutional participation. ETH futures open interest exceeded $30 billion with positive funding rates, and calls constituted 61.75% of total options open interest [1][2][3][4]. However, reported institutional CME options participation significantly decreased, with open interest falling to approximately 50,000 ETH from over 500,000 ETH earlier in 2026. Puts also retained a larger dollar share, suggesting less institutionally sponsored upside conviction [1][2]. The Deribit October 30 ETH expiry, encompassing about 245,927 ETH, registered a put-call ratio of 0.91 and an estimated max pain point near $2,500, indicating balanced protection and speculation. Prediction market quotes for the October 31, 2026, resolution generally clustered around $2,250–$2,255 [1][2][3][4].
Broader volatility trends suggested lower baseline volatility compared to stressed periods. Implied volatility had declined as realized volatility eased, yet it did not appear to be clearly mispriced given a positive volatility risk premium. ETH consistently exhibited higher realized and implied volatility than BTC. This indicates that while baseline volatility might be lower, Ethereum remains meaningfully sensitive to market shocks and expiry-driven gamma effects [5][6][7].
Sources (7)
  1. 1Ethereum Derivatives Signal Mixed Market Outlookbitkub.com
  2. 2Bitcoin Options Expiry: September 25 Recap and the...cryptoticker.io
  3. 3ETH price on Oct 31, 2026 at 9pm EDT Prediction Marketrobinhood.com
  4. 4ETH price on Oct 31, 2026 at 9pm EDT? Odds & Predictions - Public.compublic.com
  5. 5Inside the Crypto Options Boom: Three Significant Shifts...linkedin.com
  6. 6Trends and the Option Smile in Bitcoin and Etherpapers.ssrn.com
  7. 7Inside the Crypto Options Boom: Three Significant Shifts...falconx.io

7. How do on-chain metrics for Ethereum, such as daily active users and exchange netflows, compare against those for Solana during Q3 2026?

Solana Average Daily Active Users (Q3 2026)4.4 million [1]
Solana Q3 Total Fees vs Ethereum Q3 Network RevenueSolana $76 million, Ethereum $40.6 million [2]
Solana Q3 DEX Volume vs Ethereum Q3 DEX VolumeSolana $104.9 billion, Ethereum $87.6 billion [3]
During Q3 2026, Solana generally showed higher on-chain activity compared to Ethereum. Solana averaged 4.4 million daily active users in Q3, reportedly the highest among its benchmarked chains [1]. A comparison of active addresses around late Q3/early Q4 indicated Solana had approximately 5.1 times more active addresses than Ethereum, with Solana reporting 2,592,125.9 and Ethereum 508,740.4 [4].
Solana demonstrated notable transaction growth and higher fee generation during Q3. The network processed 14.2 billion transactions, marking a 45% increase quarter-over-quarter [2]. Consequently, Solana’s total fees reached $76 million for the period, surpassing Ethereum’s network revenue of about $40.6 million [2].
Solana also outpaced Ethereum in decentralized exchange (DEX) activity, though exchange netflows lacked direct comparability. Solana processed $104.9 billion in DEX volume and held a 24.4% market share, while Ethereum processed $87.6 billion, following a 30.4% decline [3]. However, a direct, quantifiable comparison of exchange netflows for Q3 2026 could not be made due to differing data definitions and the absence of comparable aggregate values for both assets in the available evidence [5][6][7][8].
Sources (8)
  1. 1TRON Network - Q3 2026coindesk.com
  2. 2Ethereum staking hits record as yields fall and Solana activity grows: Bitwisetheblock.co
  3. 3Crypto Exchange Statistics & Trends for 2026 - Datawalletdatawallet.com
  4. 4On-Chain Metrics: Comparisontheblock.co
  5. 5ETH Exchange Netflow Volume All Exchanges - Glassnodestudio.glassnode.com
  6. 6ETH Exchange Netflow Volume by Size All Exchanges - Glassnodestudio.glassnode.com
  7. 7SOL Exchange Balances & Flows Dashboard - Glassnode Studiostudio.glassnode.com
  8. 8SOL Exchange Net Position Change All Exchanges - Glassnodestudio.glassnode.com

8. How might the final deployment schedule and feature set of the 'Glamsterdam' hard fork influence ETH network activity and market sentiment leading into October 2026?

Sepolia ActivationOctober 6 [1]
Hoodi Testnet StatusPostponed from October 26 [1][2]
Mainnet TargetQ4 2026 [1][2][3]
The Glamsterdam hard fork deployment faces delays, lacking a mainnet activation date. While the fork activated on Sepolia on October 6 [1], its planned Hoodi testnet activation on October 26 was postponed on October 22, with no replacement date announced. The Ethereum mainnet does not yet have a confirmed activation date, though Q4 2026 remains the target [1][2][3]. This delay stems from ongoing investigations into how proposed gas-accounting changes interact with existing smart contracts, citing security concerns. This indicates a risk of delay and potential credibility issues rather than a cancellation of the upgrade [2][3].
Glamsterdam features aim for efficiency but may initially raise costs for some. The upgrade’s principal features include ePBS (Proposer-Builder Separation) and Block-Level Access Lists (BALs), alongside gas-pricing adjustments, which necessitate modifications to both execution and consensus clients [4][1][5]. Successfully implemented, ePBS could remove reliance on third-party relays, while BALs have the potential to enable prefetching, parallel transaction execution, and faster validation [4][6]. The upgrade is anticipated to attract more L1 transactions and L2-related demand over time by offering cheaper validation and higher capacity [4][1][2][7]. However, it may initially lead to increased operator testing and caution, and gas repricing could potentially raise costs for state-creating activities [4][1][2][7].
Deployment clarity is crucial for market sentiment toward October 2026 and beyond. Leading into the October 31, 2026 settlement, evidence of successful Sepolia integration and a clear, revised schedule for Hoodi and mainnet deployment would support a bullish outlook on network scalability and the builder-market structure [4][1][2][7]. Conversely, continued delays or the emergence of new security issues would likely trigger a risk-off response among market participants [2][3][7]. It is important to consider that Glamsterdam is just one of many potential market catalysts. Its unresolved deployment schedule introduces significant event risk, making it challenging to attribute specific price movements solely to this hard fork [2][3][7].
Sources (7)
  1. 1Protocol Announcementsblog.ethereum.org
  2. 2Ethereum Glamsterdam Upgrade Delayed: What the Hoodi...phemex.com
  3. 3Ethereum Glamsterdam Upgrade Set for October 27 Hoodi...kucoin.com
  4. 4Glamsterdamethereum.org
  5. 5Checkpoint #6: Oct 2025 | Ethereum Foundation Blogblog.ethereum.org
  6. 6What is the Ethereum Glamsterdam Upgrade? Everything You Need...formo.so
  7. 7ETH price on Oct 31, 2026 at 9pm EDT Prediction Marketrobinhood.com

9. How do the cumulative net flows for spot Ethereum ETFs from issuers like BlackRock and Fidelity compare to spot Bitcoin ETFs throughout the second half of 2026?

US Spot Bitcoin ETF Cumulative Flow+$5.76B (July 1–October 30, 2026) [1]
Spot Ethereum ETF 30-Day Flow−$1.6B (through October 30) [2]
BlackRock ETHA Outflow$299M (Oct. 12–16) [3]
Spot Bitcoin ETFs significantly outperformed Ethereum ETFs in late 2026. From July 1 to October 30, U.S. spot Bitcoin ETFs recorded cumulative net flows of approximately +$5.76 billion [1]. In stark contrast, spot Ethereum ETFs experienced a sharp decline by October, accumulating a combined 30-day flow through October 30 of −$1.6 billion [1][2]. This performance indicates a notable divergence in investor sentiment and fund activity between the two major cryptocurrency-backed exchange-traded products during the specified period [1].
Ethereum ETFs experienced a brief rebound during July and August. Initially, these funds saw positive momentum, attracting about $196.4 million in net inflows from July 14–21 and $1.42 billion from August 17–27 [4][5]. BlackRock's ETHA was a major contributor during the August surge, accounting for approximately $1.02 billion, or 72% of those inflows [4][5]. However, this positive trend subsequently reversed sharply in the latter part of the period, particularly in October [2].
The positive trend for Ethereum ETFs reversed sharply in October. During this month, the weakness in Ethereum ETFs was pronounced, with ETH funds losing more than $1.1 billion over 15 trading sessions through October 19, causing cumulative ETH ETF inflows to fall from nearly $14 billion to $12.84 billion [3][6]. BlackRock's ETHA was a dominant factor in these outflows, responsible for $299 million of the $320.1 million Ethereum-fund outflow observed during October 12–16 [3]. While Fidelity's FETH showed comparative resilience with a $10.5 million inflow during the same period, the overall ETH flow base remained highly concentrated in BlackRock's ETHA [1][3].
Sources (6)
  1. 1Bitcoin ETF Flows Today: Latest Inflows & Outflowstftc.io
  2. 2Ethereum ETF Inflows Today: Flows, ETF List & Expense...defirate.com
  3. 3Ethereum ETFs: $320m outflow, $299m at BlackRockcryptoticker.io
  4. 4Ethereum ETFs see 10 straight days of net inflows as...cryptobriefing.com
  5. 5Ethereum ETFs: The Next ETH Rally?bitcoinfoundation.org
  6. 6Bitcoin ETF comeback exposes a $630 million divide with...cryptoslate.com

10. What Could Change the Odds

Key Catalysts

ETH/USD was estimated at approximately $2,252–$2,255 at 9:00 PM EDT on October 31, 2026 (01:00 UTC on November 1), with a daily range of $2,237–$2,259 [1][2][3][4]. Prediction markets on October 31 showed broad bullish sentiment but thin trading; one market priced a 99% chance ETH closed up, and another assigned 98.4% to a $2,200–$2,300 close, with daily markets settling at 16:00 UTC [5][6]. Bullish catalysts include ETH maintaining its position above the daily open and the $2,200 support area, continued momentum, stable or positive spot-ETF flows, and potential MetaMask-related news [5][6][7].
Conversely, bearish catalysts involve a reversal below the daily open, broad crypto liquidations, ETF outflows, macro risk-off shocks, Bitcoin weakness, and a break below roughly $2,170–$2,200 [5][6][7]. The October 31 bearish backdrop included reported five-session U.S. spot-ETH ETF net outflows of about $431.4 million, a preliminary $155.7 million latest-day outflow, a Binance security-breach overhang, and over $350 million in derivatives liquidations, with approximately $311 million in long liquidations [7]. Key technical levels for the near-term timeline include approximately $2,256 resistance, with $2,350 and $2,400 as upside targets. Support is established at $2,170–$2,200, followed by $2,100 and potentially $2,000 if selling accelerates [7].

Key Dates & Catalysts

  • Strike Date: November 01, 2026
  • Expiration: November 08, 2026
  • Closes: November 01, 2026
Sources (7)
  1. 1Ethereum to US Dollartwelvedata.com
  2. 2ETH | Corvus Terminaldapp.corvusterminal.app
  3. 3ETH USD Binance Historical Datainvesting.com
  4. 4Ethereum USD PRICE (ETH-USD)finance.yahoo.com
  5. 5Ethereum Up or Down on October 31? | Lines.com | Lines.comlines.com
  6. 6Ethereum Price on October 31? | Lines.com Prediction Market Odds | Lines.comlines.com
  7. 7Ethereum Price Prediction: ETH ETF Outflows Hit $431 Millioncoinpaper.com

12. Historical Resolutions

Historical Resolutions: 20 markets in this series

Outcomes: 0 resolved YES, 20 resolved NO

Recent resolutions:

  • KXETHD-26OCT3120-T2944.99: NO (Nov 01, 2026)
  • KXETHD-26OCT3120-T2939.99: NO (Nov 01, 2026)
  • KXETHD-26OCT3120-T2934.99: NO (Nov 01, 2026)
  • KXETHD-26OCT3120-T2929.99: NO (Nov 01, 2026)
  • KXETHD-26OCT3120-T2924.99: NO (Nov 01, 2026)