According to Eleanor Terrett, both the SEC and Ripple have jointly requested a Manhattan District court to dissolve the injunction in their ongoing case and release the $125 million civil penalty held in escrow, proposing that $50 million be paid to the SEC and the remaining funds returned. This signals a potential resolution to the long-standing regulatory uncertainty surrounding XRP, which could reduce legal risk and positively influence XRP (XRP) trading volumes and price action. Market participants should monitor the court’s response, as the ruling may trigger increased institutional participation and broader crypto market momentum. (Source: @EleanorTerrett on Twitter, June 12, 2025)