Topic: #kalshi
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XRP needs 11% gain to reach $1.70 level Kalshi traders favored, U.Today says
Kalshi traders saw XRP as most likely to hit $1.70 in September, U.Today reported on Sept 27, when the token traded at $1.53 and needed a gain of more than 11% in three days.
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Susquehanna's Maletz: Prediction Markets Need Market Makers for Institutional Adoption
Jeremy Maletz, head of macro trading at Susquehanna International Group, says prediction markets could serve as hedging tools for institutional investors, but adoption depends on market makers providing liquidity and stability across platforms like Kalshi.