TOTAL VOLUME:
$154.4b
24H VOL:
$290,393,159
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,944,100,805
420,493
Markets across
40,511
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 9, 5:00 PM EST
Kalshi
This event tracks the price of a specific cryptocurrency at a precise moment in the future, using a standardized pricing index. The outcome depends on whether the price exceeds various thresholds at the exact specified time, reflecting potential volatility and market performance.
The event resolves based on the Ripple-Dollar Real Time Index (XRPUSD_RTI) published by CF Benchmarks at exactly 5 PM EDT on October 9, 2026. The determining factor is the simple average price over the sixty seconds immediately preceding this timestamp. Each market has a distinct price threshold; if the calculated average exceeds the respective threshold, that market resolves to 'Yes,' otherwise to 'No.' Should pricing data be unavailable or incomplete for the specified period, all affected markets automatically resolve to 'No.' The Exchange ensures clarity regarding any multiple versions of the cryptocurrency by specifying the exact ticker or version being tracked. Continuous real-time data provision by CF Benchmarks underpins all resolution determinations.
Currently, prediction market odds reflect a range of expectations for the XRP price on Oct 9, 2026. These expectations are formed by traders directly expressing their beliefs about the future, and can differ from those found in traditional financial polls or analyst forecasts. While spot prices reflect current market conditions, this market represents a forward-looking assessment, incorporating a collective view of potential future events and their impact on XRP’s value. It's important to remember that prediction markets aren’t necessarily trying to predict the ‘correct’ price, but rather aggregate informed opinions.
On Kalshi, this market is priced using a continuous double auction, meaning traders can buy and sell contracts representing different XRP price levels. The price of each contract fluctuates based on supply and demand, reflecting the collective belief of traders. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders buy contracts predicting a higher price, the price of those contracts increases, and vice versa. This dynamic pricing mechanism allows the market to quickly incorporate new information and adjust expectations as the resolution date approaches. The current spread between the highest and lowest bid/ask prices indicates the market's uncertainty.
This market resolves around Oct 9, 2026, with the outcome confirmed once the XRP price at 5pm EDT on that date is verifiable from credible public reporting. The final price will be sourced from a widely recognized exchange providing real-time XRP price data. The contracts will then pay out based on whether the actual XRP price falls within the range predicted by the purchased contracts. Traders will be able to view the resolution details and claim their winnings through the Kalshi interface following the official confirmation.
Several factors could significantly influence this market. Major regulatory developments concerning cryptocurrencies, particularly XRP, could cause substantial price swings. Significant adoption of XRP by financial institutions or corporations would likely drive up demand and the associated market prices. Broader macroeconomic trends, such as changes in interest rates or inflation, could also impact investor sentiment towards risk assets like XRP. Finally, any major technological advancements or security breaches related to the XRP network could also move this market, either positively or negatively.