The most dangerous market moments don’t look like crashes — they look like calm, rational doubt hanging in the air. ⚠️
Mike Novogratz, CEO of Galaxy Digital, said that two cryptocurrencies are now standing “at the edge of the cliff” — XRP and Cardano (ADA). In his view, strong communities alone are no longer enough to support long-term value. These projects must prove their real-world usefulness beyond hype and narratives. 📊
According to Novogratz, both XRP and ADA once benefited from strong positioning and attention, but today they face growing pressure from competitors, weak on-chain activity, and an increasingly crowded market. Investors are no longer pricing assets based on loyalty or ideology — they are looking at fundamentals: usage, demand, and practical adoption.
The broader context matters. The market has already moved past panic and sharp sell-offs. There is no chaos right now, no emotional capitulation. Instead, there is silence and uncertainty — the phase where projects are quietly tested. This is exactly when standing “on the edge” becomes most dangerous, because it doesn’t feel dramatic. 🧠
The key shift is that this is not about price — it’s about trust. When confidence erodes slowly and support weakens over time, markets can look stable right up until they’re not. Assets don’t fall into the abyss overnight. They stand at the edge while most convince themselves that everything is already priced in.
The conclusion is cold and simple. XRP and ADA won’t fail because of volatility — they risk failure if they rely only on community strength without delivering measurable, real-world value.
The real question is not whether these assets will fall today, but whether you can clearly tell the difference between temporary weakness and structural risk. 👀
$XRP ‼️
$ADA ‼️
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