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

Can Ripple and Cardano hold it together as the market matures to fundamental-focused projects, Galaxy's Novogratz asked Friday. What to know : Novogratz noted that while XRP and ADA have strong fan bases, their adoption remains weak. He emphasized that tokens not considered 'money' like bitcoin will be valued based on revenue, usage, and measurable value, similar to traditional businesses.