Ripple and the SEC have filed a joint motion to finalize a $125 million settlement, aiming to resolve their long-standing legal dispute. The filing includes a request to lift the existing injunction on XRP, potentially enabling Ripple to resume institutional sales.

Defense attorney James K. Filan shared the update on X, noting the motion is officially posted on the court docket. The timing is critical, as both parties aim to conclude the settlement before the June 16 deadline, which could shape broader regulatory interpretations for crypto assets.

The settlement terms involve splitting escrow funds, with a portion paid as penalties to the SEC and the remainder returned to Ripple.

Although neither Ripple CEO Brad Garlinghouse nor SEC Chairman Gary Gensler has issued public statements, the agreement signals a move toward ending ongoing appeals.

If approved, lifting the XRP sales restriction could lead to increased institutional activity and strengthen Ripple’s market position. Market watchers believe this decision may influence enforcement trends and regulatory clarity for other tokens.

This case carries wider implications for the crypto industry, as the SEC’s treatment of XRP sets a precedent for how similar digital assets may be regulated. A finalized settlement could bolster investor confidence, especially if XRP is no longer viewed as a security. Historically, legal clarity has fueled greater market participation, and Ripple’s resolution could serve as a regulatory reference point as the U.S. shapes its digital asset framework.