TOTAL VOLUME:
$154.8b
24H VOL:
$238,896,186
24H TRANSACTIONS:
2,985,204,718
OPEN INTEREST:
$1,897,934,485
408,127
Markets across
39,552
events
MATCHED EVENTS:
4,429
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 16, 5:00 PM EST
Kalshi
This event determines the price range of XRP at a specific future moment, using a precise average price measurement taken just before 5 PM EDT on October 16, 2026. The outcome depends on whether this calculated average falls within one of several defined intervals.
The event resolves based on the simple average price of XRP over the sixty seconds immediately preceding 5 PM EDT on October 16, 2026, using the CF Benchmarks' Ripple-Dollar Real Time Index (XRPUSD_RTI). Each market outcome corresponds to a specific price range, with one market designated for prices at or below $0.91999 and another for prices above $1.8799. If the data required to calculate this average is unavailable or incomplete at the exact expiration time, all affected markets resolve to 'No.' The Exchange ensures clarity regarding which version or ticker of XRP is being tracked, as multiple versions may exist. Continuous pricing data from CF Benchmarks underpins all resolutions.
Currently, prediction market odds reflect a collective forecast of where XRP will trade at a specific point in the future. This differs from spot price expectations, which are based on immediate trading activity. While spot prices react to current news and market conditions, this market aggregates the beliefs of many traders about the long-term trajectory of XRP. Discrepancies between prediction market prices and traditional analyst forecasts can highlight areas of disagreement or unique insights held by the crowd, offering a different perspective on potential future price movements.
On Kalshi, this market is priced through a continuous order book where traders buy and sell contracts representing different price ranges for XRP. The price of each contract reflects the probability of XRP falling within that range at the specified time. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and express their views, the prices adjust to reflect the collective wisdom of the crowd. The market's depth and liquidity, indicated by the volume traded, influence how efficiently prices incorporate new information and adjust to changing expectations about XRP's future value.
This market resolves around Oct 16, 2026, with the outcome determined by verifying the price of XRP at 5pm EDT on October 16, 2026, against credible public reporting. The contract corresponding to the price range that includes the actual XRP price at that time will be settled at a value of 100, while all other contracts will settle to 0. This ensures a clear and objective determination of the market's outcome based on publicly available data, reflecting the actual price of XRP at the designated time.
Numerous signals and events could significantly impact this market. Major regulatory developments concerning cryptocurrencies, particularly those impacting XRP, would likely cause substantial price movement. Significant adoption of XRP by financial institutions or for real-world use cases could also drive up the price. Conversely, negative news regarding Ripple Labs, security breaches, or broader macroeconomic factors affecting the crypto market could push prices down. Technological advancements in blockchain technology and overall investor sentiment will also play a role in shaping the market’s trajectory until Oct 16, 2026.