TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 6, 5:00 PM EST
Kalshi
This event tracks the XRP/USD exchange rate on July 6, 2026 at 5 PM EDT using the CF Benchmarks Ripple-Dollar Real Time Index. Participants predict whether XRP will trade at or above various price thresholds, ranging from $0.70 to $1.48.
Resolution is determined by calculating the simple average of the CF Benchmarks' Ripple-Dollar Real Time Index (XRPUSD_RTI) over the 60-second period immediately preceding 5 PM EDT on July 6, 2026. Each outcome corresponds to a specific price threshold; an outcome resolves affirmatively if the calculated average meets or exceeds its designated threshold at exactly the specified time on the target date. The CF Benchmarks Real-Time Index provides continuous pricing data for XRP. If data is unavailable or incomplete at the expiration time, affected outcomes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.
Prediction market odds reflect aggregated trader expectations about where XRP will trade at a given moment, whereas spot price expectations derive from current exchange rates and analyst forecasts. This market's implied probability can diverge from consensus analyst price targets because traders incorporate their own risk assessments, time horizons, and conviction levels. Comparing the odds here to published analyst reports or historical volatility patterns can reveal whether the market is pricing in more or less optimism than mainstream expectations. Such gaps often signal where informed traders see opportunity or risk.
On Kalshi, this market is priced through a continuous order book where traders submit bids and asks for shares tied to the outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the marginal probability traders assign to that outcome at any moment. As new information emerges or sentiment shifts, bids and asks adjust, and the mid-market price moves accordingly. This mechanism ensures that the odds remain responsive to real-time conviction and liquidity conditions throughout the trading period.
This market resolves around Jul 6, 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 the official price data from established cryptocurrency exchanges or price feeds at the specified time. Traders holding shares in the correct outcome receive their payout once the price is locked in and verified. Until that moment, positions remain open and can be traded or closed at prevailing market rates.
Major catalysts for XRP price movement include regulatory announcements affecting Ripple or the broader crypto sector, macroeconomic shifts in risk appetite, Bitcoin and Ethereum price swings, and developments in Ripple's business partnerships or litigation. Technical levels and support or resistance zones can also trigger algorithmic trading and momentum shifts. Market-wide events such as central bank policy changes, geopolitical tensions, or shifts in institutional adoption of digital assets may influence XRP alongside the broader crypto complex. Traders monitor these signals to adjust positions ahead of the settlement date.