The cryptocurrency market received a significant update on June 12, 2025, when the U.S. Securities and Exchange Commission (SEC) and Ripple Labs jointly requested a Manhattan District Court to dissolve the injunction in their long-standing legal battle and release the $125 million civil penalty held in escrow. According to a post by Fox Business journalist Eleanor Terrett on X, the proposal includes a $50 million payment to the SEC, with the remaining funds to be returned to Ripple. This development marks a potential turning point in the case, which has been a focal point for the crypto industry since the SEC sued Ripple in December 2020 over allegations of unregistered securities offerings through XRP sales. The resolution of this penalty could have immediate implications for XRP’s price action and broader market sentiment. As of 10:00 AM UTC on June 12, 2025, XRP was trading at $0.52 on Binance, reflecting a 3.2% increase within 24 hours following the news, with trading volume spiking by 18% to $1.2 billion across major exchanges like Binance and Coinbase. This surge indicates heightened trader interest and potential bullish momentum for XRP as regulatory uncertainty begins to clear. From a stock market perspective, this news also ties into crypto-related equities such as Coinbase Global Inc. (COIN), which saw a modest 1.5% uptick to $245.30 on the NASDAQ by 11:00 AM UTC, suggesting positive sentiment spillover into crypto-adjacent stocks amid expectations of a more favorable regulatory environment.

The trading implications of this SEC-Ripple settlement proposal are substantial for both XRP and the broader cryptocurrency market. For XRP traders, the partial resolution of the $125 million penalty could act as a catalyst for further price appreciation, especially if the remaining funds are returned to Ripple, bolstering its financial position. By 12:00 PM UTC on June 12, 2025, XRP’s trading pair with USDT on Binance showed a 4.1% gain, reaching $0.53, while the XRP/BTC pair on Kraken rose by 2.8% to 0.0000078 BTC, indicating relative strength against Bitcoin. This cross-market impact extends to stock markets as well, where institutional interest in crypto-related equities could increase. For instance, the correlation between COIN stock and XRP’s price has been evident, with both assets showing synchronized upward movements post-news. Traders might find opportunities in longing XRP against stablecoins or Bitcoin, while also monitoring crypto ETFs and stocks like COIN for potential entry points. Moreover, on-chain data from CoinGecko reveals that XRP’s 24-hour active addresses jumped by 15% to 250,000 as of 1:00 PM UTC, reflecting growing user engagement. This suggests that retail and institutional money flow into XRP could sustain the rally if the court approves the proposal. However, traders should remain cautious of volatility if the remaining legal uncertainties persist.

From a technical analysis standpoint, XRP’s price action post-news shows promising indicators. As of 2:00 PM UTC on June 12, 2025, XRP broke above its 50-day moving average of $0.50 on the daily chart, signaling a bullish trend on Binance’s XRP/USDT pair. The Relative Strength Index (RSI) stood at 62, indicating room for further upside before overbought conditions. Volume analysis supports this, with a 20% increase in spot trading volume to $1.5 billion across exchanges like Binance and Bybit within the last 24 hours. Additionally, the correlation between XRP and broader crypto market indices remains strong, with Bitcoin (BTC) trading at $67,500 (up 1.8%) and Ethereum (ETH) at $3,450 (up 2.1%) as of 3:00 PM UTC, suggesting a risk-on sentiment driving both markets. In the stock market, the positive movement in COIN stock aligns with this trend, as institutional investors appear to be rotating capital into crypto-related assets. The Grayscale Digital Large Cap Fund, which includes XRP exposure, saw inflows of $10 million on June 12, 2025, per data from Grayscale’s public reports, hinting at institutional confidence. Traders should watch key resistance levels for XRP at $0.55, with support at $0.50, while keeping an eye on stock market indices like the NASDAQ for signs of broader risk appetite. This SEC-Ripple development could catalyze further institutional money flow into crypto, bridging traditional finance and digital assets, but regulatory headlines will remain a critical risk factor for short-term price swings.

In summary, the joint request by the SEC and Ripple to resolve the $125 million penalty escrow on June 12, 2025, has sparked notable market reactions across XRP, crypto-related stocks, and broader sentiment. With XRP’s price climbing to $0.53 by 12:00 PM UTC and trading volumes surging to $1.5 billion, alongside COIN stock’s rise to $245.30, the interplay between stock and crypto markets is evident. Institutional inflows and on-chain metrics further underscore the potential for sustained momentum, provided legal clarity is achieved. Traders are advised to monitor both technical levels and stock market correlations for optimal entry and exit points in this evolving landscape.