Why does Mike Novogratz believe that XRP and Cardano need practical validation in the market

UncommonNPC · 2026-01-19T13:28:52+00:00

Galaxy's expert analysis reveals that XRP and Cardano must shift from speculative assets to practical tools, facing challenges in adoption while the market increasingly values real utility over hype and community support.

UncommonNPC

2026-01-19 13:28:52

Abstract generation in progress

Galaxy’s expert conducted an analysis of the current state of altcoins and reached a significant conclusion. XRP and Cardano developers face a daunting task — to shift their projects from speculative assets to practically useful tools.

The gap between popularity and real-world usage

Despite XRP and ADA enjoying strong community support, adoption figures appear sluggish. Against the backdrop of investors increasingly focusing on fundamental metrics, this presents a serious challenge for these projects.

A new evaluation criterion — from speculation to value

Mike Novogratz highlights a key point: the market is transitioning to a new regime. Non-monetary tokens — those positioned outside of bitcoin — will soon be evaluated based on real metrics. This includes revenue, usage volume, and measurable utility, similar to how traditional companies are valued.

Thus, slogans and community support are no longer enough. Projects must prove they offer real value, not just promises.

XRP-2,22%

ADA-2,4%

BTC-1,86%

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