（来源：吴说） Galaxy Digital CEO Mike Novogratz 表示，XRP 和 Cardano（ADA）如果无法证明真实世界的应用价 值，可能在未来市场周期中失去竞争力。他认为，加密市场正从"叙事驱动代币"转向"业务驱动代币"， 只有真正产生利润和可衡量价值的项目才会长期胜出。Novogratz 还以 Hyperliquid 为例，称其通过用利 润回购销毁代币，形成类似"股权投资"的价值模式，这是代币未来的发展方向。他预计未来 1–3 年，加 密行业将经历结构性转型，钱包与交易所将演变为 "类新型银行（neobank）"，提供稳定币、代币化股 票及货币市场产品等更成熟的金融服务。（CryptoBriefing） ...

Core Insights - The article emphasizes the convergence of culture, technology, and valuation in future-oriented industries, particularly in digital assets and gaming sectors [1] Group 1: Digital Assets - The focus includes major cryptocurrencies such as XRP, Bitcoin, and Ethereum, which are reshaping global finance [1] - The analysis aims to identify early positioning in these digital assets that are leading the next cycle of growth [1] Group 2: Gaming Industry - The article covers gaming publishers like Nintendo, Capcom, and Square Enix, highlighting their role in transforming entertainment [1] - The approach combines discounted cash flow (DCF) and relative valuation methods to assess these companies [1] Group 3: Consumer Brands - Selected consumer brands such as Monster Beverage, Sprouts, and Macy's are analyzed, where brand strength and consumer behavior are seen as key drivers of long-term value [1] - The analysis seeks to provide insights into how these brands can capitalize on market trends [1]

Core Insights - Artificial intelligence is increasingly being utilized for predicting cryptocurrency prices as the year concludes [1] - A real-time accuracy test was conducted to evaluate the predictions of top AI models for Bitcoin, Ethereum, Solana, and XRP by December 31 [1] AI Predictions - The AI models tested include ChatGPT, Claude, and DeepSeek, which were tasked with forecasting year-end prices for major cryptocurrencies [1] - The focus is on the accuracy of these models in predicting the future prices of Bitcoin, Ethereum, Solana, and XRP for the year 2025 [1]

Market Overview - Bitcoin is trading around $87,000 as of the final weekend of 2025, with investors showing caution due to thin liquidity and tax-driven selling [1] - Bitcoin's current price is $87,351.16, while Ethereum is at $2,923.07, Solana at $122.01, XRP at $1.84, Dogecoin at $0.1221, and Shiba Inu at $0.057119 [2] Technical Analysis - Key technical level for Bitcoin is its 20-month moving average; a monthly close above $90,000 could confirm bullish momentum and target prices in the $105,000–$110,000 range [3] - Bitcoin's monthly trend indicator has turned bullish for the first time since March 2023, indicating potential improvement in the broader trend despite current volatility [5] Market Dynamics - Bitcoin is one of the few major assets down for the year, leading investors to sell BTC to offset taxes from gains in other assets, increasing downside pressure [4] - A critical support level for Bitcoin is identified at $85,200; a sustained break below this level could lead to accelerated losses [4] Liquidation and Outflows - Recent data shows 93,477 traders were liquidated in the past 24 hours, amounting to $244.46 million [7] - There were net outflows of $175.3 million from spot Bitcoin ETFs and $52.7 million from spot Ethereum ETFs on Wednesday [7]

XRP slipped to $1.86 as traders continued to sell into rallies, even as spot ETF demand stayed steady and total ETF-held assets climbed to $1.25 billion — a gap that suggests the market is still digesting supply at key technical levels. Bitcoin neared the $89,000 mark earlier Saturday, only for the rally to fully reverse within hours and send the asset to around the $87,000 level. News background Institutional appetite for XRP exposure continued to build through exchange-traded funds, with investors ad ...

Core Insights - The value of XRP is increasingly reliant on maintaining its community narrative as the market shifts towards tokens that function more like traditional businesses [1][2] - Mike Novogratz emphasized that as more tokenized real-world assets are introduced, networks that depend heavily on community support may face intensified competition [2][4] - The year 2026 is projected as a pivotal moment for the crypto market, where traditional assets may start to integrate into crypto infrastructure, potentially impacting tokens that have historically thrived on community belief and loyalty [4][5] Company and Industry Analysis - Galaxy Digital's CEO, Mike Novogratz, highlighted that 2026 could mark a significant transition for the crypto industry, where the focus may shift from community-driven tokens to those with tangible utility and cash flow [4][5] - The current market environment is described as a "building year" for crypto companies, indicating a period of development and maturation for the industry [5] - Novogratz pointed out that the market will begin to differentiate between "money-like" assets and those valued more like traditional companies, which could affect XRP's valuation [5] - The crypto market remains sensitive to broader economic conditions, particularly in technology and AI sectors, which could influence XRP and other cryptocurrencies [6][7] - There is a significant risk to the crypto market if major indices like the Nasdaq experience downturns, which could lead to decreased prices across cryptocurrencies [7]

Bitcoin slumped on Saturday following a flat week where the leading cryptocurrency was outshone by precious metals and the stock market. The biggest and oldest digital coin was trading for close to $87,404 per coin on Saturday morning New York time, down by nearly 2% over a 24-hour period. Over the past seven days, Bitcoin has dipped by close to 1%. And over the past month, the asset is down by 4%. Ethereum, meanwhile, was trading lower over the past week, having dropped by more than 2% to nearly $2,92 ...

The 2017-2018 rally shows what can happen when liquidity, accessibility, and viral interest align. It also shows the limits as market conditions can reverse quickly—XRP crashed 90% from its peak over the next year after the bubble deflated.Technical charts show that XRP broke out of a long consolidation—months of trading between $0.15-$0.25—forming a large monthly candle, and extended the rally into January 2018. The combination of market momentum and broad retail participation drove the massive surge. Soci ...

Ripple’s payment network just reported processing around $1.3 trillion in transactions in Q2 2025 through its XRP-powered On‑Demand Liquidity (ODL) product. But XRP barely broke out on the news, as traders weighed adoption headlines against a still-choppy altcoin market. For us asking whether crypto does anything beyond speculation, this story offers a rare hard data point you can actually use. Follow us below. What Did Ripple XRP Actually Process: Why Should We Care? Ripple runs a global payment netwo ...

Key Points XRP’s price has surged over the past 12 years. It overcame its toughest regulatory challenges last year. It still has a lot to prove, but it could potentially double or triple in value over the next five years. 10 stocks we like better than XRP › XRP (CRYPTO: XRP), which was launched in 2012, had its earliest trading price of $0.006 per token in Aug. 2013. Today, it trades at about $1.84. That rally would have turned a $1,000 investment into nearly $307,000. Let's see why XRP generated ...