Galaxy Digital CEO Mike Novogratz has warned that XRP and Cardano could lose relevance if they fail to demonstrate real-world utility. His remarks add to the growing discussion about whether these tokens can translate speculative interest into practical applications in a rapidly evolving crypto market. The warning underscores the pressure on top networks to prove tangible value beyond price momentum.
Novogratz argues that without concrete deployments or real-world use, investors may reallocate capital toward assets with clearer functionality. The comments intensify scrutiny over XRP and ADA’s ability to justify their valuations through meaningful use cases, as developers pursue real-world partnerships. Market watchers will be closely watching deployments and partnerships that demonstrate utility for XRP and Cardano. If these networks can deliver reliable use cases, they could sustain demand; if not, competition from platforms with established real-world impact may erode their relevance.
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