XRP Prediction Market Expired with $117M Traded

On Coinbase's prediction markets platform, users can trade contracts on various events, including those related to cryptocurrencies like XRP. The market for the event 'XRP $1.3941 target' has been closed and expired, with a total of $117 million in trading volume.

The market was set to close on September 8, 2026, but it expired earlier when the result became known. The interest in this market was high, with 64.7% of users betting that XRP would reach its target price.

Prediction markets allow users to trade contracts on events, paying $1 if the event occurs and $0 if it doesn't. The price reflects the probabilities of the market, with a lower price indicating a lower chance of occurrence.