Robinhood Prediction Market Aims to Pin Ripple's Price on August 10, 2026
Ripple's price on August 10, 2026 at 11am EDT will be determined by a prediction market offered by Robinhood Derivatives. The market allows users to predict whether the price of Ripple will meet certain criteria, including $1.01991 or above, $0.25991 or above, and so on. If a user's prediction is correct, they can earn $1 for every contract they own.
The market uses data from CF Benchmarks' Real-Time Index to determine the price of Ripple at exactly 11am EDT on August 10, 2026. The index provides continuous pricing data for major cryptocurrencies and is used as a reference point for the prediction market.
Users can close their positions before the event resolves or wait until it's over to see if they were correct. However, trading prohibitions apply, including restrictions on persons employed by certain agencies or those with material non-public information about Ripple.