Robinhood Launches Ripple Price Prediction Market

Robinhood has launched a prediction market for the price of Ripple (XRP) on August 1, 2026 at 4am EDT. The contract allows users to predict whether the price will be above certain thresholds. The predicted prices are based on CF Benchmarks' Real-Time Index (RTI), which provides continuous pricing data for major cryptocurrencies.

The market resolves based on a simple average of the RTI index for the 60 seconds prior to the specified time. If no data is available or incomplete at the expiration time, affected strikes resolve to 'No'. The price must meet the criterion at exactly the specified time on the target date.

Users can trade contracts with various strike prices, including $0.99991, $1.01991, and $1.03991. If a user's prediction is correct, they receive $1 for every contract owned. Users can also close their positions before the event resolves, but additional fees apply.