Alliance Founder: The crypto network will eventually become the default settlement layer of the internet
Imran Khan, co-founder of Alliance, stated on the X platform that he remains optimistic about the development prospects of the cryptocurrency industry, noting that the market has previously overestimated the speed at which cryptocurrency would become the next mainstream computing paradigm. Many had originally expected cryptocurrency to lead the next platform revolution, but ultimately, it has largely been artificial intelligence (AI) that has taken on this role.Khan pointed out that over the past decade, a significant amount of capital has flowed into the cryptocurrency industry, but a considerable portion of that funding has been used for overbuilding. The industry has not focused on a few applications with clear advantages but has attempted to reshape multiple fields such as finance, social networking, and governance simultaneously. The adjustments and consolidations currently experienced in the market are essentially a natural return after previous overexpansion and do not mean that the core logic of the cryptocurrency industry has failed.He believes that the greatest path to success for the cryptocurrency industry may not be to first create a killer application, but rather to become the global financial infrastructure. As stablecoins, cryptocurrency wallets, tokenized stocks, and on-chain financial services reach more users through digital banking and ultimately serve AI agents, the cryptocurrency network will become the default value settlement layer of the internet. Once these infrastructures are widely adopted, innovations such as DAOs, decentralized markets, and machine-to-machine payments, which were previously difficult to implement due to timing, may finally see true large-scale application opportunities.
