Robinhood Sets Target for Ripple Price Prediction Market

Ripple's price prediction market on Robinhood has set a target for October 1, 2026, at 9pm EDT. The market resolves based on a simple average of the CF Benchmarks index for the 60 seconds prior to the specified time. The price must meet the criterion at exactly the specified time on the target date. If no data is available or incomplete at the expiration time, affected strikes resolve to No. The price used to determine this market is based on CF Benchmarks' corresponding Real Time Index (RTI).

The market is offering payouts of $1 for every contract owned if the prediction is correct. Alternatively, traders can close their positions before the event resolves. Additional fees apply, and traders are advised to carefully consider the risks involved. The CF Benchmarks Real-Time Index provides continuous pricing data for major cryptocurrencies.