Architect Partners: The crypto industry is about to flourish and outperform the Internet

On July 3, according to CoinDesk, investment bank Architect Partners said in its quarterly report released last week that the digital asset industry is beginning an important growth phase and is doing much better than two years ago.

The company said the value of the digital currency industry increased by more than $750 billion in the first half of the year. Drivers of growth include a surge in the value of crypto tokens exceeding $700 billion, the successful launch of the U.S. Bitcoin spot ETF attracting more than $15 billion, and an additional $11 billion in value-added from publicly listed cryptocurrency companies.

The report points out that both cryptocurrencies and the Internet are disruptive technologies with very similar characteristics, and mentions that the digital currency market is recovering from the "crypto winter" faster than the Internet recovered after the bursting of the Internet bubble in 2000.