Robinhood Sets Sights on Ripple's Price Target for August 2026
The prediction market on Robinhood has set its sights on the future price of Ripple (XRP) at a specific date. By August 6, 2026, at 8am EDT, the XRP price is expected to meet certain criteria based on the CF Benchmarks' Real-Time Index (RTI). This index provides continuous pricing data for major cryptocurrencies.
The contract resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to the specified time. To meet the criterion, the price must be at or above $1.05991, $0.25991, or $0.27991. If no data is available or incomplete at the expiration time, affected strikes resolve to 'No.'
Users can purchase contracts and potentially earn a payout of $1 for every contract they own if their prediction is correct.
The trading prohibitions apply to those employed by certain agencies and individuals with material non-public information on Ripple. The event contracts are offered by Robinhood Derivatives, LLC through either KalshiEX LLC, ForecastEX, LLC or Rothera Exchange and Clearing LLC.