Robinhood Prediction Market Offers Bets on XRP Price at Specific Date

A prediction market on Robinhood's crypto derivatives platform is offering users to predict the price of XRP (Ripple) at a specific date and time. The event, titled 'XRP price at Aug 30, 2026 at 9pm EDT', allows users to bet on whether the price will reach certain thresholds. According to the market rules, if the price of XRP meets or exceeds $1.31991 or above, users who predicted this outcome will receive a payout.

The prediction market uses CF Benchmarks' Real-Time Index (RTI) for determining the outcome. The index is based on continuous pricing data for major cryptocurrencies. Users can place bets on various outcomes, including XRP reaching prices between $1.33991 and $0.55991 or above at the specified time.

The contract resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to the specified time. If no data is available or incomplete at the expiration time, affected strikes resolve to 'No'. Users can close their positions before the event resolves, but additional fees apply.