Robinhood Predicts Ripple Price Ahead of August 2026 Target Date
Ripple's price on August 12, 2026 at 11pm EDT is subject to a prediction market offered by Robinhood Derivatives. The contract will determine if the XRP price meets certain criteria, specifically $0.93991 or above 99% and $0.99991 or above 93%. If the price meets these conditions exactly at the specified time, participants who own contracts will receive a payout of $1 for each contract.
The market uses data from CF Benchmarks' Real-Time Index (RTI), which provides continuous pricing data for major cryptocurrencies. The index's simple average for the 60 seconds prior to the specified time will be used to determine the outcome of the contract. If no data is available or incomplete at the expiration time, affected strikes will resolve to No.
The trading hours for this contract are 24 hours a day, except Thursday from 3am-5am ET. Participants can either close their position before the event resolves or wait for the outcome and receive their payout. Additional fees may apply, and it's essential to read the full contract terms and conditions.