XRP Poised for Potential $15 Surge as Ripple-SEC Lawsuit Nears Final Resolution

As the long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) approaches its anticipated conclusion on June 16, 2025, XRP has once again captured the attention of cryptocurrency investors. With lawyers preparing to file a Rule 60 motion for injunctive relief, the outcome of this lawsuit could serve as a major catalyst for XRP's price movement. Historical data from the 2021 bull run, where XRP experienced an 860% surge, suggests the potential for significant volatility. Despite current subdued price action, market participants are eyeing a possible rally toward the $15 mark, fueled by optimism surrounding a favorable resolution. This pivotal moment could redefine XRP's trajectory in the crypto markets, making it a focal point for traders and investors alike.

XRP Price Eyes $15 as Ripple-SEC Lawsuit Nears June 16 Conclusion

Ripple's XRP has re-emerged as a focal point in crypto markets despite subdued price action, with all eyes on the impending conclusion of its legal battle with the SEC. Lawyers anticipate a June 16 resolution as parties prepare to file a Rule 60 motion for injunctive relief—a development that could catalyze significant price movement.

Historical patterns suggest explosive potential. During 2021's bull run, XRP surged 860% before retracing, then staged a 575% rally when market conditions improved. This precedent fuels speculation among whales and investors about a possible ascent to $15 in the current cycle.

Technical indicators reinforce bullish sentiment. The daily chart shows robust support at the Simple Moving Average, while the Relative Strength Index maintains position NEAR neutral—a configuration often preceding sustained upward momentum.

Ripple and SEC Gear Up for Critical Motion in XRP Lawsuit

Ripple Labs and the U.S. Securities and Exchange Commission are preparing to file a pivotal Rule 60 motion in their long-running legal battle over XRP. The filing seeks to dissolve an injunction against Ripple's institutional sales of the token and reduce potential penalties to $50 million—a fraction of the SEC's initial demand.

Judge Analisa Torres previously denied a similar request under Rule 62.1, but signaled openness to reconsideration under stricter Rule 60 standards. The motion must demonstrate exceptional circumstances to succeed. Legal observers note the timing—filing just before the June 16 appellate deadline—could strategically extend negotiations by another 60 days.

Market participants await the filing's substance, expected by Monday at the latest. A favorable ruling could remove regulatory overhang for XRP, while rejection might accelerate the appeals process. The case continues to test the boundaries of cryptocurrency regulation through enforcement.

Ripple and SEC Seek to Dissolve Injunction and Release $125M Penalty

Ripple Labs and the U.S. Securities and Exchange Commission have jointly requested the dissolution of an existing injunction and the release of a $125 million penalty held in escrow. The filing, submitted to Judge Analisa Torres on June 12, 2025, proposes distributing $50 million to the SEC as settlement, with the remainder returning to Ripple.

The motion cites exceptional circumstances, including evolving SEC crypto policies and a mutual desire to avoid protracted litigation. This marks the second attempt after a previous request was denied last month due to insufficient evidence. Market reaction was muted—XRP dipped 4% to $2.18 despite the development, reflecting persistent regulatory uncertainty.

Trident Digital Aims for $500M XRP Treasury Reserve in Landmark Corporate Crypto Move

Trident Digital Tech Holdings unveiled ambitious plans to establish a $500 million corporate treasury reserve denominated in XRP, marking one of the first large-scale institutional allocations to the Ripple-affiliated cryptocurrency. The Singapore-based firm, listed on Nasdaq, appointed Chaince Securities as strategic advisor for the initiative targeting a 2025 launch.

The treasury program will deploy capital accumulation strategies and staking mechanisms to generate yield, while simultaneously developing blockchain-based treasury management tools. This institutional embrace of XRP reflects accelerating adoption of digital assets in corporate balance sheets, particularly among publicly traded enterprises.

Trident's roadmap includes building infrastructure to support XRP-native DeFi applications, positioning the reserve as both a capital allocation vehicle and ecosystem development fund. The initiative's timing remains contingent on regulatory clarity and favorable market conditions in the coming eighteen months.

XRP Whale Transfers $60M to Coinbase, Sparking Sell-Off Concerns

A significant transfer of 26.7 million XRP tokens, valued at nearly $60 million, was detected moving to Coinbase from an unknown wallet. Blockchain monitoring service Whale Alert flagged the transaction, which occurred at 18:10:01 UTC on June 12. Large inflows to exchanges often precede sell-offs, fueling bearish sentiment among traders.

The timing raises questions as XRP struggles amid broader market gains. Derivatives data shows $9.5 million in long positions liquidated, suggesting weakening confidence. This follows a pattern of substantial XRP movements, including a 230 million token transfer between anonymous wallets in May.

Market participants now watch for potential price pressure as exchange reserves swell. The lack of transparency around whale motives leaves room for speculation, but the optics remain decidedly negative for XRP bulls.

Trident Announces $500 Million XRP Treasury Initiative

Nasdaq-listed Trident has unveiled plans to allocate $500 million toward building an XRP treasury reserve, marking one of the largest corporate commitments to the altcoin. The MOVE signals growing institutional confidence in digital assets as portfolio diversification tools.

XRP, currently the second-largest altcoin by market capitalization, continues attracting institutional interest despite regulatory uncertainties. Trident's management framed the initiative as a strategic hedge and growth driver, emphasizing digital assets' role in modern treasury management.

The announcement comes amid renewed institutional interest in crypto assets beyond Bitcoin and Ethereum. Analysts note XRP's liquidity and established payment use cases make it particularly attractive for corporate treasuries seeking crypto exposure.