Mike Novogratz, CEO of Galaxy Digital, has called on XRP and ADA to demonstrate real-world utility beyond their dedicated fan bases. According to Novogratz, both tokens currently show lower on-chain activity compared to Solana, despite XRP's market cap of $115 billion and ADA's $13-14 billion valuation. He emphasized that non-money tokens will be evaluated based on their usage and revenue generation, akin to traditional businesses.