Alliance Founder: The crypto network will eventually become the default settlement layer of the internet, always optimistic about the industry's prospects

BlockBeats News, June 7 — Alliance co-founder Imran Khan said that he has always been optimistic about the development prospects of the cryptocurrency industry, and that the market has previously overestimated the speed at which cryptocurrencies would become the next-generation mainstream computing paradigm. Many originally expected cryptocurrencies to lead the next platform revolution, but ultimately, it is artificial intelligence (AI) that has largely taken on that role.

Khan pointed out that over the past ten years, a large amount of capital has flowed into the crypto industry, but a significant portion of that funding has been used for overbuilding. The industry has not focused on just a few application scenarios with clear advantages, but instead tried to reshape multiple areas at the same time, such as finance, social networking, and governance. The adjustments and consolidation the current market is experiencing are, in essence, a natural return after previous overexpansion, and they do not mean that the core logic of the crypto industry has failed.

He believes that the biggest success path for the crypto industry may not be to be the first to create killer applications, but first to become global financial infrastructure. As stablecoins, crypto wallets, tokenized stocks, and on-chain financial services reach more users through digital banking, and ultimately serve AI agents, crypto networks will become the default value-settlement layer of the internet. Once this infrastructure is widely adopted, innovative models such as DAOs, decentralized markets, and machine-to-machine payments—once considered difficult to implement because it was too early—may finally see real large-scale application opportunities.