TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 5, 5:00 PM EST
Kalshi
This event tracks the price of XRP (Ripple's cryptocurrency) on July 5, 2026 at 5 PM EDT using CF Benchmarks' official real-time pricing index. The market resolves based on the average of 60 seconds of price data collected immediately before the specified time.
Resolution is determined by the simple average of CF Benchmarks' Ripple-Dollar Real Time Index (XRPUSD_RTI) calculated from 60 seconds of data collected before 5 PM EDT on July 5, 2026. Each outcome corresponds to a specific price threshold, with resolution occurring only if the average meets or exceeds that threshold at exactly the specified time. If data is unavailable or incomplete at expiration, affected outcomes resolve to No. The CF Benchmarks Real-Time Index provides continuous pricing data aggregated from major cryptocurrency exchanges.
Prediction market odds reflect what traders are willing to stake on specific price outcomes, which often diverges from current spot prices or analyst forecasts. While spot markets react to immediate supply and demand, this market aggregates longer-term conviction about where XRP will settle months ahead. Comparing the implied probabilities here to consensus analyst price targets or historical volatility patterns can reveal whether traders expect significant appreciation, depreciation, or stability. The odds embedded in market prices represent real financial commitments, making them a distinct signal from passive price observation.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different XRP price ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share's price reflects the probability traders assign to that outcome occurring by the settlement date. As new information emerges or trader sentiment shifts, bids and asks adjust, causing the market price to move. The spread between buy and sell prices tightens or widens based on liquidity and conviction, giving participants real-time feedback on how contested each outcome is.
This market resolves around Jul 5, 2026, at which point the outcome is confirmed once XRP's spot price at that moment is verifiable from credible public reporting. The resolution hinges on identifying the actual price of XRP at the specified time, which is then matched against the outcome ranges or thresholds defined in the market. Once the event is observable and documented, the market settles and winning positions are paid out according to their share of the correct outcome.
Major regulatory announcements affecting XRP or cryptocurrency broadly could shift trader expectations significantly. Macroeconomic events—interest rate changes, inflation data, or shifts in risk appetite—often drive crypto prices and thus market odds. Technical developments in the XRP ecosystem, partnerships, or adoption milestones may influence bullish or bearish sentiment. Bitcoin and Ethereum price movements frequently correlate with XRP, so tracking those assets provides early signals. Market-moving news from exchanges, custodians, or institutional adoption could also reshape the probability distribution reflected in this market's prices.