Alliance Founder: Crypto Networks Will Become the Internet’s Default Settlement Layer

ME News reports that on June 7 (UTC+8), Imran Khan, co-founder of Alliance, posted on X that he remains confident in the long-term prospects of the cryptocurrency industry. He noted that the market previously overestimated the speed at which cryptocurrencies would become the next dominant computing paradigm. Many had expected crypto to lead the next platform revolution, but in reality, artificial intelligence (AI) has largely assumed this role. Khan pointed out that over the past decade, massive capital has flowed into the crypto sector, with a significant portion allocated to overbuilding. Rather than focusing on a few applications with clear advantages, the industry attempted to simultaneously reshape finance, social systems, governance, and more. The current market correction and consolidation are essentially a natural recalibration following prior overexpansion—not a sign that crypto’s core logic has failed. He believes crypto’s greatest path to success may not lie in being the first to produce a killer app, but in becoming the global financial infrastructure. As stablecoins, crypto wallets, tokenized stocks, and on-chain financial services reach more users through digital banks—and ultimately serve AI agents—crypto networks will become the default value settlement layer of the internet. Once these infrastructures achieve widespread adoption, innovations such as DAOs, decentralized markets, and machine-to-machine payments—previously hindered by being too early—could finally realize large-scale adoption. (Source: ChainCatcher)