Crypto Kalshi September 5, 2026
XRP Price Settles Below $1.60 in August
How high will XRP get in August?
Kalshi prices this Above $1.60 at 60%.
XRP's price remained below the $1.60 threshold throughout August, settling at a lower value despite experiencing a substantial rally earlier in the month. The cryptocurrency saw a surge of over 25% in August, according to CoinPedia.org, which contributed to its August performance. However, this rally did not sustain the momentum needed to push XRP past the $1.60 mark. Reports from AOL.com indicated that XRP was still up 31% in August, even after a 5% loss in a single week, illustrating the volatility that characterized its performance. The market had favored XRP reaching above $1.60, with the odds for that outcome closing at 60%, indicating a strong expectation that ultimately did not materialize.
Background
The path to August's close for XRP was marked by considerable price fluctuations. Over the period we tracked it, the market's odds for XRP's price to exceed $1.60 had swung back and forth, reflecting uncertainty among observers. Amidst this, the broader crypto landscape saw developments like Revolut and OpenReserve receiving preliminary OCC approval for US national banks with crypto services, as reported by Cointelegraph, which could have influenced market sentiment. However, other news, such as Thai businessmen suing Tether over frozen USDT, also highlighted ongoing challenges in the crypto space.
What the coverage agrees on
- XRP experienced a significant price surge in August.
- Despite the surge, XRP did not reach its previous high of $3.
- The price of XRP saw some volatility, including a weekly loss, even while being up for the month overall.
How outlets frame it
- 24/7 Wall St.: Focuses on XRP's current position relative to its all-time high and what factors are necessary for it to reclaim that level, suggesting a path for future growth.
- Yahoo Finance: Explores the potential for XRP's price increase by September, specifically in the context of the CLARITY Act becoming law, indicating a forward-looking, policy-driven perspective.
- coinpedia.org: Highlights the substantial surge of Bitcoin, Ethereum, and XRP over 25% in August and questions the sustainability of this rally into the end of Q3 2026.
- AOL.com: Emphasizes XRP's overall positive performance in August (up 31%) despite a recent weekly loss, providing a balanced view of its short-term volatility within a longer-term gain.
What to watch
With XRP failing to breach the $1.60 mark, attention now shifts to its performance in the coming months and whether the August rally can be sustained into the end of Q3 2026. Analysts will be watching for factors that could help XRP reclaim its old highs, particularly any legislative developments like the CLARITY Act mentioned by Yahoo Finance, which could impact its trajectory.
The numbers behind this
Kalshi prices this Above $1.60 at 60%.
24h -2.0 pts
$152K traded · $105K in the last day · $132K open interest
Resolves on: If the price of XRP after issuance and through 11:59 PM ET on Aug 31, 2026 is ever above $ 1.60, then the market resolves to Yes.
Pricing Kalshi 60%
Sources
- XRP’s Price Is Halfway Back to $3. Here’s What XRP Needs to Reclaim Its Old High 247wallst.com
- How High Can XRP Go By September if the CLARITY Act Becomes Law? finance.yahoo.com
- XRP Price Prediction for August 29 cryptorank.io
- Bitcoin, Ethereum & XRP Surge Over 25% in August—Will the Rally Hold Until the End of Q3, 2026? coinpedia.org
- XRP Is Still Up 31% in August After Losing 5% in a Week aol.com
Frequently asked questions
How high will XRP get in August?
Kalshi prices this Above $1.60 at 60%.
What do the sources agree on?
XRP experienced a significant price surge in August. Despite the surge, XRP did not reach its previous high of $3. The price of XRP saw some volatility, including a weekly loss, even while being up for the month overall.
When does this market resolve?
This market resolves on: If the price of XRP after issuance and through 11:59 PM ET on Aug 31, 2026 is ever above $ 1.60, then the market resolves to Yes.
How are these odds set?
Prediction-market odds are prices set by people trading real money on the outcome, so the price reads as the crowd’s implied probability — not a guarantee or financial advice.
AI-written briefing grounded in 5 sources and the live market, edited by Samuel Jo. Odds are crowd probabilities, not advice — how this works.