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Mike Novogratz reverses skepticism on XRP, praising Ripple's resilience and institutional presence.

Market News
15 Sep 2026
Dailycoin
View Source
Bullish
Mike Novogratz reverses skepticism on XRP, praising Ripple's resilience and institutional presence.

Mike Novogratz, founder of Galaxy Digital, reversed his previous skepticism about XRP, acknowledging Ripple's strong institutional presence and the dedicated community of XRP holders known as the "XRP Army." He praised Ripple's CEO Brad Garlinghouse and his team for sustaining the ecosystem's value over time. The discussion also highlighted Ondo Finance's plan to bring tokenized U.S. Treasury products to the XRP Ledger, signaling growing interest in moving regulated financial assets on-chain. Additionally, U.S. regulatory clarity remains a key factor, with lawmakers pushing for defined roles for the SEC and CFTC to avoid enforcement-based regulation, though implementation may take time.

XRP is trading at Rp24.794 on Pluang with a market cap of Rp1.551,91 trillion and a 0.50% gain over the past day as of September 15, 2026, 19:04 WIB. This price movement coincides with renewed institutional interest highlighted by Galaxy Digital's Mike Novogratz reversing his stance on XRP amid Ripple's push into real-world assets. On Pluang, XRP shows a strong buy sentiment with 66% of order activity favoring purchases and a typical hold time of 71 days, reflecting ongoing investor engagement.

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