Mike Novogratz Says XRP & Cardano Must Prove Their Worth or Fade Away

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If you thought crypto was all about moonshots and meme coins, brace yourself. Turns out, Mike Novogratz, that guy with the best hair in finance, is waving the seriousness flag. And no, he’s not here for the hype-he’s here to deliver a reality check. 🎢

In his latest YouTube sermon (or should we say, warning?), titled “2026 is a Year for Building”, Galaxy Digital’s fearless leader announced that the market’s not buying fairy tales anymore. Tokens like XRP and Cardano-those darling dreams of many a crypto enthusiast-might soon find themselves age-ing out of relevance if they can’t actually do something useful. Yep, it’s about practical value now, folks, not just tweets and hype.

His words were as clear as a cracked iPhone screen: next winners will be built on usage, not fairy dust. 💪

Crypto’s “Prove It” Party

Novogratz is basically saying goodbye to narrative fluff and hello to real-world widgets. We’re shifting from “look at my shiny coin!” to “see how much real stuff I actually move or build.” The next couple of years will be the industry’s dating phase-testing if these tokens are actually worth sticking with. And 2026? That’s the graduation day. 🎓

“I think it’s it is a building year for us and for other crypto companies,” Novogratz declared with all the seriousness of someone trying to fix a broken coffee machine. “It’s time for us to start being important.”

Tokens still stuck in “just a cool idea” mode? They might need to start panic-buying real estate on the blockchain soon.

XRP and Cardano, the Underperformers?

Meanwhile, Novogratz made a subtle but pointed distinction: Bitcoin is the old wise man-an asset that’s here for the long haul, the macro hedge, the safe house. The others, like XRP and ADA? They’re more like the flashy new startups-trying to be utility networks, payment rails, or financial Swiss Army knives.

And in this new world order, it’s not about how fast or decentralised your network is; it’s about whether anyone actually uses it. Silence means you’re just a pretty picture-soon to be forgotten.

Without real adoption? Might as well be a billboard in the desert-looks good but nobody stops.

Wallets and Exchanges: The New Banks?

Oh, and brace yourself for a shocker: wallets and exchanges are turning into banks. Or at least, they want to. Think full-service, stablecoins, tokenized assets, a smorgasbord of investment options. Because everyone’s basically playing banker these days. 🏦

“Everyone’s going to try to build a similar business, which is let me give you a bank and a wallet,” he said, as if that’s the new gold rush.

This isn’t happening overnight, but mark his words: it’ll reshape how we all interface with crypto and finance, probably during your morning coffee.

2026: The D-day

He wraps up with a lovely little bow: two years of building, not bantering. Projects better start proving their worth or risk going the way of the floppy disk. Because by 2026, crypto’s big test will be whether it actually matters-in the real world, not just on Twitter.

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2025-12-27 13:00