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    Home - Cryptocurrency & Blockchain - Myriad Moves: Can Ethereum Stay Hot? Plus Predictions on the Polish Election and French Open – Decrypt
    Cryptocurrency & Blockchain

    Myriad Moves: Can Ethereum Stay Hot? Plus Predictions on the Polish Election and French Open – Decrypt

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    Myriad Moves: Can Ethereum Stay Hot? Plus Predictions on the Polish Election and French Open – Decrypt
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    In brief

    • Predictors on Myriad are split on whether ETH can stay above $2,650 heading into Friday night.
    • A key Polish presidential election has the mayor of Warsaw leading.
    • Carlos Alcaraz stands above Jannik Sinner and the field fighting for a men’s French Open victory.

    Prediction markets offer users the opportunity to put their knowledge to the test, predicting outcomes related to sports, pop culture, politics and more—and potentially earning money if their predictions come true. 

    Myriad Markets offers users a variety of real-time points and USDC markets across categories, with diverse market types catering to those who wish to make long-term predictions or get resolution (and potential rewards) in a flash. 

    Here are some of the more interesting and closely contested markets on Myriad this week. 

    (Disclaimer: Myriad Markets is a product of Decrypt’s parent company, DASTAN.)

    Ethereum price above $2,650 on May 30?

    Market Open: May 28
    Market Close: May 30
    Volume: $12.9K

    Bitcoin’s dominance and run to new all-time highs has left the conversation around Ethereum’s price rise quite subdued of late, despite the fact that the second-largest crypto asset by market cap has jumped 45% in the last month. 

    Predictors on Myriad are now asked in a new flash market whether or not that momentum can be maintained a while longer—and if ETH will be above $2,650 when Friday evening rolls around. 

    Trading now at $2,646—after hitting a three-month high of $2,771—it’s currently mere dollars below the $2,650 level critical to the market. As of Thursday morning, around 59% of predictors expect it to hold at or above that mark, a nearly 6% jump in the “yes” odds in the last 24 hours. But by Thursday afternoon, odds dipped to just 51% “yes,” with predictors essentially flipping a coin at the flash market. 

    The market itself has swung since opening, as “no” was favored for a time on Wednesday afternoon. But positive headlines are starting to stack up in ETH’s favor. Firstly, the options market indicates cautious optimism with open interest picking up. Plus, publicly traded SharpLink Gaming raised $425 million to add the asset to its treasury in a Strategy-esque move.

    Finalized U.S. GDP data rolled in early Thursday, putting a slight damper on broader crypto markets, but stocks are up slightly as courts struck down Trump’s tariffs.  

    What’s Next? The broader market has one more day to digest further tariff headlines before the deadline is reached. 

    Who wins Poland’s presidential election?

    Market Open: May 27 
    Market Close: June 1
    Volume: $18K

    The U.S. presidential election played a significant role in boosting the popularity of prediction markets as President Donald Trump and Kamala Harris hit the campaign trail. Now, Myriad users can predict the outcome of another presidential election, this time for Poland. 

    Predictions are largely to be made between frontrunners Rafal Trzaskowski and Karol Nawrocki, as “other” holds odds of just 2.3% at the time of writing. 

    Trzaskowski, the mayor of Warsaw, Poland’s capital city, holds an edge over Nawrocki at 60% compared to around 38% for the latter, an 8% jump since Thursday morning. 

    Polymarket’s prediction market of the same kind showcases similar odds, though Nawrocki stands at 35% thanks to no significant odds provided to a third option. The market, which closes on Sunday after the election, was much closer just more than a week ago according to Polymarket’s historical odds–with the pair dipping as close as 51.5% to 48%, though Trzaskowski still held the edge.

    This election is of particular importance thanks to the potential future for its “rule of law,” a constitutional issue that has been lingering since 2015, according to Politico. Around that time, the ruling party began changing Poland’s legal system drastically, ultimately drawing scrutiny and accusations from the EU for politicizing judges and courts, which led to the freezing of $100 billion. 

    What’s Next? The election will take place on Sunday, June 1. 

    Who will win the 2025 Roland Garros men’s singles title?

    Market Open: May 26
    Market Close: June 8
    Volume: $3.35K 

    Though Rafael Nadal no longer laces up to play tennis on the red dirt in Paris, another Spaniard sits atop the odds to win the 2025 Roland Garros or French Open men’s singles title this year. 

    Predictors on Myriad place Carlos Alcaraz as a 46.5% favorite to be crowned champion, a claim he earned there for the first time last year. 

    Just behind Alcaraz, world #1 Jannik Sinner holds a 28.9% chance of winning according to predictors, odds of around +246 when converted to American sportsbook odds. 

    Those odds differ slightly from more traditional sportsbooks like DraftKings, which offers Alcaraz at around a 52% probability of winning and Sinner closer to 31%—meaning there is slight value on both for Myriad predictors who are giving the field, or “other,” a bit too much credit according to oddsmakers at DraftKings. 

    The field’s best chances lie with Novak Djokovic and Alexander Zverev, though the former’s age and the latter’s form make their chances greater than 10:1 at DraftKings. 

    The favorites Sinner and Alcaraz have made it through their first two rounds with ease, only dropping one set combined while doing so. The pair will play their third-round matches in the coming days, both slated as prohibitive favorites.

    What’s Next? Alcaraz plays his third round match on Friday, while Sinner will take the court on Saturday.

    Edited by Andrew Hayward

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