The XRP price could soon receive a major boost from the courtroom.
Ripple and the U.S. Securities and Exchange Commission have jointly filed a motion seeking an indicative ruling from Judge Analisa Torres of the Southern District of New York on whether she would dissolve a previously imposed injunction against Ripple.
If granted, dissolving the injunction would allow Ripple to resume XRP sales to institutional investors, a move that could significantly boost its business prospects and reignite bullish momentum for the token.
The motion also requests Judge Torres to release $125 million held in escrow, with $50 million allocated to the SEC as a civil penalty and the remaining $75 million returned to Ripple.
The XRP price is currently showing strong bullish strength at a key support level, which could present an excellent buying opportunity for sidelined investors.
Will The Ripple Vs SEC Lawsuit Finally Come To An End?
Both SEC and Ripple are eager to end the ongoing lawsuit, having already reached a settlement between themselves earlier this year. However, Judge Torres, previously hailed as a hero by the XRP army, is currently playing a spoilsport.
The SDNY District Judge Analisa Torres previously denied a similar joint request in May, finding the motion procedurally improper and concluding that the parties had failed to show the “exceptional circumstances” required to modify the final judgment.
In the new filing, Ripple and the SEC argue that “exceptional circumstances” now exist to justify modifying Judge Torres’s final judgment. These include the parties reaching a settlement, the SEC’s evolving stance on crypto enforcement, and a mutual interest in avoiding prolonged litigation.
The filing argues that 'exceptional circumstances' — including a settlement, the SEC’s shift in crypto policy, and a desire to avoid further litigation — justify modifying Judge Torres’s final judgment.
This follows her May decision, where she denied a similar request for… https://t.co/2pPQBmZFAE
— Eleanor Terrett (@EleanorTerrett) June 12, 2025
Many in the legal community, including those backing Ripple, aren’t impressed with the arguments made by the parties in their latest joint motion.
Attorney Fred Rispoli believes that Judge Torres could deny the motion once again, claiming that she is “pissed” at both parties and the latest request doesn’t do enough to assuage her.
Rispoli expected a “long, detailed motion”, citing the SEC’s failures and apologies from Ripple. On the contrary, this motion just had one paragraph on other SEC dismissals and a “paltry” mention of the SEC crypto task force.
However, there remains a strong possibility that Judge Torres will grant the motion, given the substantial legal precedent supporting it. Lawyer Bill Morgan believes that she may be “fatigued” by the lawsuit even more than the parties and may just want to be done with it.
I agree that it is not a very strong argument but I think Judge Torres may grant the motion. She may actually be more fatigued with this litigation than the XRP community.
— bill morgan (@Belisarius2020) June 12, 2025
XRP Price Prediction – Is It Still An Attractive Buy?
Irrespective of whether Judge Torres grants the motion, Rispoli reveals that Ripple will still be able to continue with its institutional sale of XRP, just in a different manner. Meanwhile, XRP’s non-security status remains the law of the land.
Unsurprisingly, XRP continues to be among the best cryptos to buy now.
Despite the recent bearishness due to the Israel-Iran conflict, XRP is still above its key multi-month support zone.
In the long run, experts believe it could see an explosive rally to a new all-time high, with $5 emerging as a consensus price target for 2025.
Best Cryptos To Buy Besides XRP
XRP remains an attractive large-cap crypto asset on the market. However, smart money investors believe that low-cap gems, particularly, meme coin, could deliver significantly higher returns.
For instance, investors could net significant gains with popular meme coins like Fartcoin and SPX6900.
Among the newer meme coins, Solaxy (SOLX) has emerged as an excellent investment, owing to the strong demand for new Solana meme coins and its cutting-edge Layer-2 utility.
In fact, Solaxy is the first prominent Solana layer-2 chain, designed to tackle network congestion in the Solana blockchain and ensure fast and cheap transactions, even during periods of heavy traffic.
Its Layer-2 scaling solution, which combines ZK rollups, a Hyperlane-powered multi-chain bridge, and a deterministic sequencer, has caught the attention of investors. At the same time, it is preparing to launch its Pump.Fun competitor, the Igniter Protocol.
SOLX holders can now launch their own meme coins, which will trade on the Solaxy DEX.
The Solaxy Testnet is already live, and the chain will become fully operational by June itself. Moreover, the SOLX presale is set to end in just two days, which has resulted in significant FOMO buying.
Unsurprisingly, prominent analysts are bullish on Solaxy’s upside potential, with many calling it the next 10x crypto.
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