TOTAL VOLUME:
$154.4b
24H VOL:
$230,589,906
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,885,293,300
410,482
Markets across
40,213
events
MATCHED EVENTS:
4,340
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 6, 12:24 PM EST
Polymarket
This market will resolve according to the final "Close" price of the Binance 1 minute candle for XRP/USDT 12:00 in the ET timezone (noon) on the date specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the XRP/USDT "Close" prices currently available at https://www.binance.com/en/trade/XRP_USDT with "1m" and "Candles" selected on the top bar. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. Please note that this market is about the price according to Binance XRP/USDT, not according to other exchanges or trading pairs.
This market will resolve according to the final "Close" price of the Binance 1 minute candle for XRP/USDT 12:00 in the ET timezone (noon) on the date specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the XRP/USDT "Close" prices currently available at https://www.binance.com/en/trade/XRP_USDT with "1m" and "Candles" selected on the top bar. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. Please note that this market is about the price according to Binance XRP/USDT, not according to other exchanges or trading pairs.
Currently, prediction market odds reflect a collective forecast for the XRP price on October 6. These odds represent what traders believe is the probability of XRP trading within specific price ranges at that time. This differs from simple spot price expectations, which are a snapshot of the current price. This market aggregates the insights of many participants, potentially offering a more informed view than individual analyst predictions or polls. Understanding the difference between current price and future price expectations is crucial for informed trading.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell contracts representing their belief about the XRP price on October 6. The price of these contracts fluctuates based on supply and demand, reflecting the collective wisdom of the crowd. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The closer we get to the resolution date, the more the price will likely converge towards the actual outcome, as uncertainty decreases. Trading volume and open interest also play a role in price discovery, indicating the level of conviction among traders.
This market resolves around Oct 6, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will be based on the price of XRP as reported by a widely recognized and trusted source at the specified time. Traders will then receive payouts based on whether their predictions aligned with the actual XRP price. It’s important to monitor news and events related to XRP leading up to the resolution date, as these could influence the final outcome.
Several signals or events could significantly impact this market. Major news regarding regulatory developments related to XRP, partnerships announced by Ripple, or broader macroeconomic factors affecting the cryptocurrency market could all cause shifts in trader sentiment. Unexpected technical developments within the XRP network or significant changes in trading volume on major exchanges could also move the market. Monitoring these factors and assessing their potential impact on the XRP price is crucial for anyone participating in this market.