Federal judges are taking a closer look at Ripple's legal situation, causing concern for Ripple and its investors. Two federal judges are reexamining whether XRP should be classified as a "non-security." This reevaluation of the Howey Test, a critical component of securities law, is causing significant scrutiny and potential repercussions.

This reevaluation could lead to XRP being classified as an unregistered security, a move that journalist Charles Gasparino doubts given Judge Analisa Torres' ruling. The implications extend beyond Ripple, as the entire foundation of the Howey Test could be at risk. Any changes may pose challenges for Ripple and its supporters.

Cardano (ADA) Price Outlook: Will $1 Target be Achieved by Q2?

Cardano (ADA) has made impressive progress in 2024, rising from $0.24 to $0.77 and securing a spot as one of the top cryptocurrencies. Despite a recent setback and price fluctuations, the Cardano network stands strong, with experts predicting a bullish trend that could see ADA surpass $1 and even reach $4 by the year's end.

Trading in the range of $0.672 to $0.580, ADA's resilience is attributed to market optimism, especially with bitcoin's upcoming halving event potentially driving further growth.

KangaMoon (KANG) Presale Climbs to Stage 5 Successfully

KangaMoon (KANG) has reached stage 5 of its presale, nearing the $4.5 million milestone and attracting over 20,000 registered members and almost 5,800 token holders. With a unique approach that integrates Social-Fi and GameFi's elements, KangaMoon is reshaping the meme coin ecosystem and fostering a community-driven platform focused on social engagement.

The addition of a dedicated marketplace for trading digital collectibles and in-game rewards enhances KangaMoon's appeal. Priced at $0.0196, reflecting a substantial increase from its initial value, analysts anticipate a significant surge in value upon its launch into the meme coin market.