Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Mike Novogratz warns the16,703 active addresses holding XRP (CRYPTO: XRP) can’t justify its $115 billion market cap, but social media chatter is nevertheless debating major institutional accumulation. What Happened: Galaxy Digital (TSX:GLXY) founder and CEO Mike Novogratz challenged XRP and Cardano (CRYPTO: ADA) to demonstrate genuine utility beyond loyal communities as the cryptocurrency market matures fro ...