Robinhood Launches XRP Price Prediction Market for August 31, 2026
The cryptocurrency market is abuzz with speculation about Ripple's price on August 31, 2026, at 12am EDT. Robinhood, a popular trading platform, has launched a prediction market that allows users to wager on the future price of XRP. The contract resolves based on a simple average of CF Benchmarks' Real-Time Index (RTI) for the 60 seconds prior to the specified time.
The minimum price targets are $1.33991 or above, with various price bands ranging from 94¢ to 3¢ above this threshold. Users can choose to predict that XRP will meet these criteria at exactly 12am EDT on August 31, 2026. If the prediction is correct, they receive a payout of $1 for every contract owned.
The market resolves quickly, with payouts typically made within one hour of event resolution. However, users should be aware that trading prohibitions apply to those employed by certain agencies or holding material non-public information on XRP.