Share this article
Crypto Industry Is About to Boom, Is Outperforming the Internet: Architect Partners
The digital asset industry added more than $750 billion in value in the first half of the year, the report said.
Updated Jul 3, 2024, 9:07 a.m. Published Jul 3, 2024, 9:02 a.m.
- The cryptocurrency industry is starting a major growth phase, the report said.
- Architect Partners said the industry added more than $750 billion in value in the first half of the year.
- Crypto, the stepchild of the internet, is outperforming its predecessor at the same part of their respective life cycles, the advisory firm said.
The digital asset industry is beginning a major growth phase and is in a far better place than it was two years ago, investment bank Architect Partners said in a quarterly report published last week.
The value of the crypto industry climbed more than $750 billion in the first half, the company said. Growth was driven by a surge in the value of crypto tokens equating to more than $700 billion, the successful launch of spot bitcoin exchange-traded funds (ETFs) in the U.S., which drew in more than $15 billion, and the appreciation of publicly listed crypto companies, which added a further $11 billion.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Crypto and the internet, both of which are disruptive technologies, have very similar characteristics, the report said, noting that the cryptocurrency market is recovering from the so-called crypto winter much faster than the internet recovered after the dot-com bubble burst in 2000.
"Ironically, crypto has been the stepchild of the internet," but is now outperforming its predecessor and "exceeds the internet's value at the same portion of their respective life cycles," Architect said.
Deal activity is also on the rise, with the announced transaction value in the second quarter hitting a record high of $2.7 billion, exceeding the combined value of the previous eight quarters, the report noted. Architect said confidence and momentum in markets are back, with the crypto winter in the past, and "professionalism, risk management, ethical behavior, and 'doing it right' are finally becoming the foundational principles of crypto."
Read more: Robinhood's Acquisition of Bitstamp Expands its Global Reach: Architect Partners
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index
The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
What to know:
- Strategy (MSTR) will remain in the Nasdaq 100 index despite a major reshuffle, which saw several household names dropped.
- The firm's business model, which involves stockpiling bitcoin, has drawn criticism from analysts and index providers, with MSCI considering excluding crypto treasury companies from its benchmarks.
- The Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but Strategy's bitcoin-heavy strategy secured its spot.
Top Stories
