Robinhood Bets on XRP Price for October 2026
Robinhood's crypto prediction market is offering a new contract focused on the future price of XRP. The contract, set to resolve on October 7, 2026, at 12 AM EDT, allows users to bet on whether the price of Ripple will meet or exceed specific thresholds at that time.
The current predictions show a high confidence in XRP being above $1.43991, with 96% of contracts backing this outcome. There is also significant interest in the price reaching $1.45991, supported by 75% of the contracts. A smaller but notable 8% of contracts predict the price will hit $1.47991. Payouts are made within an hour of the event's resolution, based on the simple average of the CF Benchmarks index for the 60 seconds prior to the specified time.
The contract is subject to certain trading prohibitions, including restrictions on persons employed by source agencies or those holding material, non-public information. The market operates 24 hours a day, except for a brief maintenance window from 3 AM to 5 AM ET every Thursday. Robinhood Derivatives, LLC facilitates these contracts through various exchanges, with additional fees and conditions applying.
This event contract is part of Robinhood's broader offering of financial prediction markets, providing users with an opportunity to speculate on future cryptocurrency prices while adhering to strict regulatory and eligibility requirements.