Robinhood Launches Ripple Price Prediction Market for 2026
The cryptocurrency market is abuzz with the latest prediction market from Robinhood. The platform has launched a contract that asks users to predict the price of Ripple (XRP) on August 19, 2026, at 12pm EDT.
According to the contract terms, the price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI). The market resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to the specified time.
The contract offers users a chance to win $1 for every contract they own if their prediction is correct. Alternatively, they can close their position before the event resolves.
Robinhood Derivatives, LLC has clarified that persons who are employed by any of the Source Agencies or hold material non-public information on Ripple (XRP) are not permitted to trade on this contract.