As the year winds down, prediction markets suggest there is only a slim chance that XRP will hit a record high by December 31.
According to data retrieved by Finbold on December 7, traders on Polymarket currently price the likelihood at just 3%.
Since the trade went live, those odds have plunged more than 60%, marking one of the sharpest declines from the elevated levels seen in September and October.
The market’s pricing, driven by Polymarket’s crypto-using participants who stake real funds on event outcomes, has trended sharply downward throughout the final quarter.
The data shows sentiment weakening from early September, sliding through November, and settling close to zero in December.
As of press time, traders had wagered more than $170,000 on the question, with resolution set for January 1, 2026.
Notably, sentiment surrounding a possible record high has deteriorated in recent sessions in line with the broader market tone. To this end, XRP has posted notable losses in recent weeks, reflecting the wider downturn and the threat of losing the $2 support.
XRP price analysis
However, the asset is showing short-term strength amid a sharp capital inflow. As of press time, XRP was trading at $2.10, up over 3% in the past 24 hours, although still down 4.6% on the week.
This renewed momentum follows an influx of roughly $6 billion into XRP within hours as the broader cryptocurrency market staged a recovery led by Bitcoin (BTC). The next target for XRP remains reclaiming the $2.15 level on its path toward $2.50.
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