Galaxy Digital CEO and billionaire investor Mike Novogratz has voiced caution regarding XRP’s long-term outlook, noting that its value remains heavily dependent on community sentiment rather than real-world adoption. He believes the crypto industry is moving toward tokens backed by tangible use cases, tokenized real-world assets (RWA), and utility-driven ecosystems, which may challenge narrative-based projects like XRP.
Novogratz highlighted 2026 as a crucial period when blockchain assets are expected to increasingly connect with traditional financial systems. He also warned XRP investors about broader macroeconomic factors, including stock market downturns, AI-driven sector shifts, and year-end liquidity pressures, which could increase overall crypto volatility.
While XRP may still benefit if it proves strong practical utility, Novogratz emphasized that the market is becoming more selective, rewarding tokens that deliver measurable real-world value.
