TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: May 31, 8:00 AM EST
Polymarket
This market will resolve to "Up" if the XRP price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the XRP/USD data stream available at https://data.chain.link/streams/xrp-usd. Please note that this market is about the price according to Chainlink data stream XRP/USD, not according to other sources or spot markets.
Prediction market odds reflect crowd expectations about XRP's direction during the May 31 window, while spot price expectations are typically derived from technical analysis, analyst forecasts, and broader crypto sentiment. Prediction markets aggregate real money bets, making them a direct measure of trader conviction. If the market assigns a high probability to XRP moving up, it suggests traders expect bullish momentum during that specific four-hour period. Comparing these odds to analyst price targets or social media sentiment can reveal whether the prediction market is pricing in more or less optimism than traditional forecasting methods.
On Polymarket, the XRP Up or Down event is priced as a binary contract where traders buy or sell shares representing "Up" or "Down" outcomes. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The contract price reflects the market's consensus probability: a price near 0.70 means the market assigns roughly 70% odds to that outcome. Traders profit by buying low and selling high, or by holding until resolution. Polymarket's automated market maker ensures continuous liquidity, allowing participants to enter and exit positions throughout the event window. The final settlement price is determined by the actual XRP price movement during May 31, 4:00AM–8:00AM ET.
The market resolves on May 31, 2026, after the four-hour observation window closes on May 31 at 8:00AM ET. Resolution is determined by comparing XRP's price at the start of the window (4:00AM ET) to its price at the end (8:00AM ET). If XRP closes higher than it opened, the "Up" outcome wins; if it closes lower, "Down" wins. The outcome is objective and based on verified price data from major exchanges. Once resolved, winning shares are redeemed at full value and losing shares expire worthless.
Several catalysts could influence XRP's direction during the May 31 window. Regulatory announcements regarding Ripple or cryptocurrency policy could trigger sharp moves. Macroeconomic data releases, Federal Reserve statements, or shifts in risk sentiment across equities and crypto markets often drive broad price action. XRP-specific news—such as partnership announcements, technical developments, or legal updates—can create directional momentum. Bitcoin and Ethereum price movements frequently correlate with XRP, so broader crypto market sentiment matters. Additionally, trading volume spikes, options expiry dates, or technical support and resistance levels near the observation window could amplify volatility and determine the final direction.