Kalshi Traders Bet Big on XRP Reaching $1.50 This Month

XRP is trading in the red after its price dropped by about 4% over the last day. However, traders on the crypto prediction market Kalshi remain bullish on the asset's potential recovery.

According to Kalshi's data, traders are betting on XRP reaching a high of $1.50 this month despite the ongoing price slump.

The current trading volume on Kalshi's XRP prediction market is around $89,586, indicating growing interest in the asset's potential price movement among traders.