Naturally, projects that aren’t able to compete with the larger competitors will look to merge their businesses to stay afloat. โThe next wave of M&A is likely to occur in sectors where there is a high degree of fragmentation, like Layer 1 chains that didnโt break Top 10, DEXs, DeFi protocols, node operators, and possibly even NFT projects,โ said Aki Balogh, co-founder and CEO of DLC.Link
Crypto Has ‘Too Many Tokens’ and Mergers Are Coming to Consolidate DeFi and Memecoins
