#MarketPullback
June 13, 2025 — Ripple’s native token, $XRP , is once again in the spotlight as a wave of legal developments and market moves raise hopes for a new era of institutional acceptance and price momentum.
Ripple and SEC Move Toward Settlement
In a significant turn in the long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), both parties have filed a joint motion ahead of a crucial June 16 court deadline. The motion seeks to lift the existing injunction that restricts XRP sales to institutional investors and also proposes a reduction of the SEC’s $125 million penalty against Ripple.
This move signals potential closure to one of crypto’s most closely watched legal cases. Notably, the SEC has also dropped its appeal in the case — a development welcomed by the broader crypto legal community. Legal expert John Deaton noted that the agency’s decision reaffirms XRP’s status as a digital commodity, distancing it from the securities classification that sparked the original dispute.
Price Action and Market Outlook
At the time of writing, XRP is trading at $2.12, reflecting a marginal dip of 0.048% in the past 24 hours. Despite the slight pullback, investor sentiment remains optimistic.
Geoff Kendrick, a well-regarded Wall Street analyst, predicts that XRP could rise by 150% in the coming years — potentially surpassing Ethereum in market cap by 2028. This bullish outlook is fueled by Ripple’s deepening institutional ties and a renewed sense of legal clarity.
Ripple’s Bold Buyback Strategy
In another major announcement, Ripple revealed a $700 million share buyback, offering to repurchase shares at $175 apiece. The move signals the company’s strong financial health and confidence in its future prospects — especially amid speculation of a public listing or further strategic expansion.
ETF Speculation and Future Developments
Market analysts are closely watching the possibility of an XRP spot ETF approval, which could open the door to greater institutional investment and mainstream adoption. A favorable ruling in the ongoing legal case could significantly improve the token’s regulatory profile — a key requirement for any ETF launch in the U.S.
What Comes Next?
The crypto world will be watching closely as the June 16 court decision approaches. If Ripple succeeds in lifting the sales restrictions and reducing penalties, it could mark a defining moment not only for XRP but for the broader regulatory landscape of digital assets in the U.S.