Ripple and SEC Seek to End XRP Injunction, Potential Market Impact Uncertain

On June 12, 2025, Ripple Labs Inc., and the U.S. Securities and Exchange Commission (SEC) jointly filed a motion seeking to dissolve the existing injunction against Ripple in their ongoing XRP lawsuit. The proposed motion requests the court to release $125 million from escrow funds – $50 million allocated to the SEC, with the remaining amount going to Ripple. While such resolutions historically influence market sentiment and XRP’s price, it remains unclear how this specific move will impact other cryptocurrencies like Ethereum (ETH) or Bitcoin (BTC). Ripple’s leadership transitions may significantly affect legal outcomes.