Kalshi XRP contract slips to 32 cents as $1.70 target nears

  • Kalshi traders priced XRP’s September above-$1.70 contract at 32 cents.
  • 32 cents implied roughly one-in-three odds, down from 36 cents one day earlier.
  • XRP had already cleared $1.40, $1.50 and $1.60 September strikes.

Kalshi’s September prediction-market contracts price XRP reaching $1.70 at 32 cents, down from 36 cents in 24 hours, while XRP trades near $1.55. The token has already cleared the $1.40, $1.50 and $1.60 strikes this month, with September contracts settling on Sept. 30. Kalshi’s 2026 market has moved in the opposite direction: odds of XRP exceeding $2 rose to 59% from 53%, while the $2.50 and $3 targets also gained. XRP needs an approximately 9.8% move to reach $1.70 before the deadline, but settlement uses CF Benchmarks’ trimmed per-minute XRP reference rate rather than a brief exchange spike. Bitcoin’s stalled price, the $157 million Bitget hack and recent XRP pullbacks remain market headwinds, although U.S. spot XRP ETFs attracted $22.65 million on Sept. 25.

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