Robinhood's Crypto Prediction Market Sets Sights on XRP Price in August 2026
The crypto prediction market on Robinhood is offering traders the chance to predict the price of XRP at a specific time in the future. According to the contract, the price of XRP will be determined by CF Benchmarks' Real Time Index (RTI) at exactly 5am EDT on August 8, 2026. The market resolves based on a simple average of the index for the 60 seconds prior to the specified time.
Traders have multiple options to bet on the price, including $1.01991 or above, $1.03991 or above, and $0.27991 or above. The payout is usually within 1 hour of event resolution, and traders can get $1 for every contract they own if their prediction is correct.
The contract terms and conditions state that persons who are employed by any of the Source Agencies are not permitted to trade on the Contract, as well as those who hold any material, non-public information on the Underlying. It's also important to note that event contracts involve significant risk and may not be suitable for everyone.