Naturally, initiatives that are not capable of compete with the bigger opponents will look to merge their companies to remain afloat. “The subsequent wave of M&A is prone to happen in sectors the place there’s a excessive diploma of fragmentation, like Layer 1 chains that didn’t break High 10, DEXs, DeFi protocols, node operators, and probably even NFT initiatives,” mentioned Aki Balogh, co-founder and CEO of DLC.Hyperlink
