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CEO of Galaxy Digital, Mike Novogratz, warned that Ripple (#XRP) и Cardano (#ADA) risk losing relevance if they cannot demonstrate real utility, claiming that the cryptocurrency market is shifting from "narrative tokens" to "business tokens" with measurable value and profit. He expects that the structural transformation will take 1–3 years, during which wallets and exchanges may evolve into platform-like entities similar to neobanks.