Polymarket currently shows a 65% chance that XRP drops below $1 by the end of August. The digital asset has traded above $1 for more than 600 consecutive days. That run began in late 2024 and
Polymarket currently shows a 65% chance that XRP drops below $1 by the end of August. The digital asset has traded above $1 for more than 600 consecutive days.
That run began in late 2024 and has held through multiple periods of market turbulence. Now, a prediction market has put real money on the streak ending before September 1, 2027.
BREAKING: XRP projected to crash below $1.00 by the end of the month.
65% chance.https://t.co/z5yfnlniyq
— Polymarket (@Polymarket) August 8, 2026
Polymarket is offering a market on whether XRP will hit a new monthly high above specific price thresholds in August. The $1 threshold carries a 65% chance of resolving “No.” That means the market currently assigns a 65% probability that XRP does not reach $1 as a high in August, implying traders expect XRP to fall below that level and remain there for the month.
At the time of writing, XRP trades at $1.04, down 2.52% on the day. The $1.20 threshold sits at 13% odds of resolving “Yes.” The $1.40 and $1.60 thresholds each carry 2% odds. Higher targets, such as $2.60, $2.80, and $3.00, are each at 1%.
The volume breakdown adds context. The $1 threshold has attracted over $26,000 in trading volume. The $0.80 threshold is at over $61,000, the highest volume level visible in the market. Total volume across the market is over $315,000.
The market for XRP on the platform opened August 1 and will close September 1. Many market participants are watching eagerly. Some believe falling below $1.01 will be difficult for XRP, but others are prepared. One commenter revealed that he is preparing to buy at $0.87.
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Multiple analysts have recently commented on XRP’s price trajectory. Some have suggested the asset may need to register a final low before its next major move upward. That view aligns with the Polymarket odds. Traders are not simply betting on a collapse. They are pricing in a possible dip below a key psychological level followed by a recovery.
The $1 level carries weight beyond just a number. XRP held below $1 for years before its breakout at the end of 2024. A return below that level would represent more than a routine correction. It would put the asset back in territory it exited after a sustained period of accumulation.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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