Robinhood Prediction Market Sets Sights on XRP Price at Key Date

The prediction market on Robinhood is offering traders a chance to bet on the price of Ripple (XRP) at a specific date and time. According to the contract, the price used to determine the outcome will be based on CF Benchmarks' Real Time Index (RTI). The contract resolves if the price meets certain criteria at exactly 8pm EDT on September 26, 2026.

Traders can bet that the price of XRP will be above $1.49991, $1.51991, or $1.53991 at the specified time. If their prediction is correct, they will receive a payout of $1 per contract owned. The market is open 24 hours a day, except for Thursday mornings from 3am to 5am ET.

The contract's terms and conditions state that it 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'. The market also has certain trading prohibitions in place, including restrictions for persons employed by Source Agencies and those who hold material, non-public information on the underlying asset.