TOTAL VOLUME:
$154.7b
24H VOL:
$279,496,801
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,923,931,766
416,910
Markets across
40,107
events
MATCHED EVENTS:
4,571
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 23, 5:00 PM EST
Kalshi
This event tracks the price of a specific cryptocurrency at a precise moment in the future, resolving based on whether the price exceeds various thresholds at that exact time. The outcome depends on real-time market data captured just before the specified deadline.
The event resolves based on the Ripple-Dollar Real Time Index (XRPUSD_RTI) price at exactly 5 PM EDT on October 23, 2026. The determining value is the simple average of the index over the sixty seconds immediately preceding 5 PM EDT. If this average exceeds any specified threshold, the corresponding market resolves to 'Yes'; otherwise, it resolves to 'No'. Should pricing data be unavailable or incomplete at the exact expiration time, all affected markets resolve to 'No'. The Exchange defines the exact cryptocurrency version or ticker used for calculation, and the CF Benchmarks Real-Time Index serves as the continuous data source for major cryptocurrencies.
Currently, prediction market odds offer a distinct perspective compared to typical spot price expectations derived from analysts or polls. While traditional forecasts often rely on fundamental and technical analysis, this market aggregates the collective intelligence of traders who are putting their capital at risk. This creates a unique signal about the likelihood of different XRP price outcomes. If a significant discrepancy exists between this market and broader expectations, it could indicate that traders possess information or insights not yet reflected in conventional forecasts.
On Kalshi, this market is priced using a continuous double auction. Traders submit bids (the price they are willing to buy a 'yes' contract at) and asks (the price they are willing to sell a 'yes' contract at). When a bid and ask match, a trade occurs. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of a contract reflects the market’s consensus view on the probability of XRP reaching a specific price level by the resolution date. The closer the price is to $1, the higher the implied probability of that outcome. Traders are constantly adjusting their bids and asks based on new information and their own analysis.
This market resolves around Oct 23, 2026, with the outcome confirmed once the XRP price at 5pm EDT on October 23, 2026, is verifiable from credible public reporting. The resolution will be based on the weighted average price of XRP across major cryptocurrency exchanges at that specific time. The contract will pay out $1 to the winning side – those who correctly predicted whether the XRP price will be above or below the specified level. Traders should monitor the market closely as the resolution date approaches.
Several signals and events could significantly move this market before its resolution. Major regulatory developments concerning cryptocurrency, particularly those impacting XRP, would likely have a substantial effect. Significant adoption of XRP by financial institutions or corporations could also drive price movement. Macroeconomic factors, such as changes in interest rates or inflation, could influence investor sentiment towards risk assets like cryptocurrency. Finally, technological advancements or security breaches related to the XRP ledger could also impact trading activity and the price of contracts in this market.