Robinhood Offers Bets on XRP Price on July 31, 2026
The cryptocurrency prediction market on Robinhood is offering traders a chance to bet on the price of XRP (Ripple) at a specific time in the future. According to the contract, the outcome will be determined by the price of XRP at 3am EDT on July 31, 2026. The price used for this calculation will be 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 CF Benchmarks index for the 60 seconds prior to the specified time. If the price meets the criterion at exactly the specified time, the contract will payout. However, if no data is available or incomplete at the expiration time, affected strikes resolve to 'No'.
Traders can place bets on whether the price of XRP will be above $1.05991, $1.07991, or other specific thresholds. The payout for each contract is one dollar, provided the prediction is correct. Traders can also close their positions before the event resolves.