Galaxy CEO Novogratz Warns XRP, ADA Risk Irrelevance Without Utility
The post Galaxy CEO Novogratz Warns XRP, ADA Risk Irrelevance Without Utility appeared on BitcoinEthereumNews.com.
Galaxy Digital CEO warns XRP and Cardano need real utility to stay relevant as crypto shifts from hype-driven to business-driven value. Galaxy Digital CEO Mike Novogratz has raised concerns about the future of XRP and Cardano (ADA). He believes both cryptocurrencies are overly reliant on community support and hype, instead of demonstrating real utility. As the market shifts from hype-driven to business-driven valuations, Novogratz warns that XRP and ADA must prove their value to stay relevant. Without tangible use cases, both projects could struggle to maintain their positions in the growing crypto ecosystem. Shift from Hype to Business-Driven Valuations Novogratz emphasized that the crypto market is transitioning from narrative-driven tokens to business-driven tokens. In the past, tokens like XRP and ADA were able to thrive on hype and community loyalty. However, the market is becoming more competitive, and investors are now focused on real business value and measurable outcomes. Galaxy Digital CEO Mike Novogratz warned that XRP and Cardano (ADA) risk losing relevance if they fail to demonstrate real-world utility, arguing the crypto market is shifting from “narrative-driven tokens” to “business-driven tokens” with measurable value and profits. He expects… — Wu Blockchain (@WuBlockchain) December 27, 2025 Tokens that once gained high valuations simply due to their narrative now face the challenge of proving their utility. Novogratz pointed out that only those projects that can demonstrate actual use cases and profits will thrive in the long term. Projects without real-world applications may struggle to survive in this evolving market. As more projects shift toward business-driven models, the pressure on tokens like XRP and ADA to demonstrate utility will grow. Without real use cases, these tokens risk becoming irrelevant as the market moves toward more sustainable, profitable projects. The Role of Bitcoin in Shaping Market Trends Bitcoin, according to Novogratz, has established…
Filed under: News - @ December 27, 2025 4:20 pm