Novogratz: XRP and Cardano Face Economic Utility Challenges
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Structural Shift: Novogratz highlights a transition in crypto asset evaluation from narrative-driven tokens to value-generating platforms, indicating that XRP and Cardano must prove their economic utility to maintain market confidence.
- Current Status of XRP: XRP is currently trading around $1.85, facing persistent selling pressure and unresolved value-capture issues, with technical indicators showing it is in a broader downtrend.
- Challenges for Cardano: Cardano is trading at approximately $0.35, and despite strong community support, the lack of economic activity is eroding investor confidence in its future prospects.
- Future Outlook: Novogratz anticipates that over the next 1-3 years, narrative-only tokens that fail to integrate into financial platforms risk being sidelined, indicating a narrowing survival space for XRP and Cardano.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







