Bets on crypto-prediction platform Polymarket have surged in favour of Ethereum hitting a new milestone within the next two years. According to recent market data aggregated on 22 August, traders are assigning an 88%–90% probability that the price of Ether will reach or exceed $5,000 at some point in 2025. The contract’s odds suggest growing investor confidence in a sustained rally for the world’s second-largest blockchain token, which last traded near $1,800. While prediction markets do not guarantee outcomes, they often serve as a real-time barometer of crowd sentiment, reflecting traders’ views on future macro conditions, regulatory developments and the pace of blockchain upgrades scheduled for the network.