XRP and Cardano need to prove they're useful beyond just fans, Mike Novogratz says

Mike Novogratz, CEO of Galaxy Digital, emphasized that XRP and Cardano must demonstrate their practical utility beyond their fan bases to achieve long-term success. He noted that while both cryptocurrencies have strong communities, they need to showcase real-world applications to attract broader adoption. Novogratz highlighted the importance of functionality in the crypto space, suggesting that projects must prove their value to survive in a competitive market. He called for these platforms to focus on building use cases that can appeal to a wider audience.

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