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Alliance Founder: The crypto network will eventually become the default settlement layer of the internet

MeNews
ME News Report, June 7 (UTC+8), Alliance co-founder Imran Khan posted on the X platform stating that he has always been optimistic about the development prospects of the cryptocurrency industry. The market has previously overestimated the speed at which cryptocurrencies would become the next-generation mainstream computing paradigm. Many initially expected cryptocurrencies to lead the next platform revolution, but ultimately, artificial intelligence (AI) largely took on that role. Khan pointed out that over the past decade, a large amount of capital has flowed into the crypto industry, but a significant portion of that funding was used for overbuilding. The industry has not focused on a few clearly advantageous application scenarios but has tried to reshape multiple fields such as finance, social networking, and governance simultaneously. The current market adjustments and consolidations are essentially a natural return after previous overexpansion and do not mean that the core logic of the crypto industry has become invalid. He believes that the greatest success path for the crypto industry may not be the first to produce killer applications, but rather to become the global financial infrastructure first. 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 these infrastructures are widely adopted, innovative models such as DAOs, decentralized markets, and machine-to-machine payments—once considered too early to implement—may see real large-scale application opportunities. (Source: ChainCatcher)
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