Ripple's XRP is poised for significant price volatility as experts debate its status as a non-security. The ongoing legal dispute between Ripple Labs and the Securities and Exchange Commission (SEC) has intensified, with recent developments challenging previous classifications by federal judges. While Judge Torres had previously categorized XRP differently for exchanges and institutional sales, this distinction is now under scrutiny in lawsuits involving Coinbase and Terraform Labs. Central to this debate is the application of the Howey Test, a legal standard used to determine whether an asset qualifies as an investment contract and thus a security. Judge Torres' previous ruling utilizing this test has faced criticism, notably from journalist Charles Gasparino, who highlighted inconsistencies in its application. Gasparino reported that federal judges, including Judge Rakoff, have questioned the rationale behind Judge Torres' ruling, signaling potential flaws in her legal analysis. These legal uncertainties have impacted XRP's price, which has remained relatively stagnant for nearly two years. However, despite the legal challenges, XRP has demonstrated bullish signs, with whales accumulating significant amounts of tokens, suggesting anticipation of a potential price increase. At the time of writing, XRP was trading at $0.59, reflecting a modest surge over the past 24 hours.