
Key facts: Novogratz calls for Cardano utility; Hoskinson denies ADA sale claims

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Mike Novogratz, CEO of Galaxy Digital, emphasized that Cardano (ADA) must demonstrate real-world utility and adoption to stay relevant as the crypto market shifts to business-driven tokens.12Charles Hoskinson has denied allegations regarding the sale of his ADA holdings at the token's all-time high of over $3, which was reached more than four years ago.3
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