TOTAL VOLUME:
$134.1b
24H VOL:
$113,466,932
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,423,222,590
402,751
Markets across
30,217
events
MATCHED EVENTS:
2,632
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 25, 5:00 PM EST
Kalshi
The outcome depends on the price of XRP at a specific future moment, determined by averaging price data from a designated source during a brief window before the exact timestamp. Multiple thresholds create separate possible resolutions based on how high the price reaches at that moment.
All markets resolve based on the simple average price of XRP measured by CF Benchmarks' Ripple-Dollar Real Time Index (XRPUSD_RTI) during the sixty seconds immediately preceding 5 PM EDT on September 25, 2026. Each market has a distinct price threshold; if the calculated average exceeds the respective threshold at the exact specified time, the market resolves to Yes, otherwise to No. Incomplete or unavailable data at expiration results in a No resolution across all markets. The Exchange defines the specific XRP version or ticker used for pricing, with CF Benchmarks providing continuous real-time data for major cryptocurrencies.
On Kalshi, this market is priced through a continuous double auction, meaning traders can buy and sell contracts representing different XRP price outcomes. The price of each contract reflects the probability of that outcome occurring, as determined by supply and demand. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust, providing a dynamic and real-time assessment of future expectations. The current volume of $53,656 demonstrates active participation in shaping these predictions.
This market resolves around Sep 25, 2026, with the outcome confirmed once the XRP price at 5pm EDT on September 25, 2026, is verifiable from credible public reporting. The final price will be sourced from a widely recognized exchange and used to determine which contracts pay out. Traders who correctly predicted the price range will receive a payout based on the contract’s value at resolution, while those who predicted incorrectly will forfeit their investment. This provides a clear incentive for accurate forecasting.
Several factors could significantly impact this market. Major regulatory decisions regarding cryptocurrencies, particularly those impacting XRP, would likely cause price swings. Technological developments within the Ripple ecosystem, such as upgrades to the XRP Ledger or partnerships with financial institutions, could also move the market. Broader macroeconomic events, like changes in interest rates or global economic recessions, could influence investor sentiment towards risk assets like XRP. Unexpected news regarding competing cryptocurrencies or security breaches could also play a role in shaping the predictions within this market.