Robinhood's event contract revenue surged to $156 million in Q2, surpassing its $100 million crypto transaction revenue for the first time. The brokerage is increasingly leveraging prediction markets, including speculative bets on XRP price milestones, as traditional crypto trading activity continues to decline.
Robinhood lists a contract betting XRP will exceed $3.75 by end of 2026, indicating speculative bullish sentiment.