Architect Partners: The cryptocurrency industry is about to thrive, outperforming the internet

ChainCatcher news, according to CoinDesk, investment bank Architect Partners pointed out in its quarterly report that the cryptocurrency industry is about to enter a significant growth phase and has begun to surpass the internet within the same lifecycle. The report shows that in the first half of this year, the market capitalization of the cryptocurrency industry increased by over $750 billion. Of this, over $700 billion came from the surge in the value of crypto tokens, more than $15 billion originated from the Bitcoin spot ETF launched in the U.S., and the market capitalization of listed crypto companies grew by $11 billion.

In addition, the total value of trading announcements in the second quarter reached a new high of $2.7 billion, exceeding the total of the previous eight quarters. Architect Partners stated that the crypto winter is over, market confidence and momentum are recovering, and professionalism, risk management, and ethical behavior are becoming the foundational principles of the crypto industry.