Robinhood Launches XRP Price Prediction Market for Aug 16, 2026
The Robinhood Derivatives platform has created a prediction market for XRP's price on August 16, 2026 at 8pm EDT. The contract will resolve based on the simple average of the CF Benchmarks' Real Time Index (RTI) for the 60 seconds prior to the specified time.
The market offers several strike prices, including $0.97991 or above $0.99991 or above, and $0.25991 or above. If the price meets any of these criteria at exactly 8pm EDT on August 16, 2026, contract holders will receive a payout.
The platform warns that trading prohibitions apply to persons employed by the Source Agencies or those who hold material non-public information about Ripple.