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Paradigm Co-Founder Describes Current Cycle as Industry's 'iPhone Moment'
12/07/2025, 10:05
AI SUMMARY
●Matt Huang compares current market phase to pivotal "Netscape" or "iPhone" eras
●Highlights success surpassing expectations in both institutional and decentralized sectors
●Comments reflect strong venture capital conviction in the industry's maturity
Paradigm co-founder Matt Huang has characterized the current state of the cryptocurrency industry as its "Netscape" or "iPhone" moment. He emphasized that the technology is functioning at a scale "far beyond wildest dreams," highlighting significant progress in both institutional integration and foundational "cypherpunk" aspects.
This comparison draws a parallel to pivotal technological inflection points where adoption and utility accelerated rapidly. The statement underscores a high level of conviction from top-tier venture capitalists regarding the current market maturity.