Robinhood launches XRP price prediction market for 2026

Robinhood has introduced a new prediction market for the price of XRP on October 6, 2026. The contract allows users to predict whether the cryptocurrency will reach specific price targets at exactly 5 PM EDT on that date. The available price brackets include $1.09991 or above, $1.11991 or above, $1.13991 or above, and higher increments up to $1.17991 or above.

The market operates 24 hours a day, with a brief pause from 3 AM to 5 AM ET on Thursdays. The outcome is determined by the average of the CF Benchmarks Real-Time Index over the 60 seconds before the specified time. If data is incomplete or unavailable, affected strikes resolve to 'No.'

Participants can earn $1 for every contract they own if their prediction is correct. They also have the option to close their position before the event resolves. Additional fees apply, and users are encouraged to read the full contract terms and conditions.

The platform includes trading prohibitions for individuals with material, non-public information or those employed by the source agencies. Similar events are available, with restrictions and eligibility requirements applying to all.