Future prospects
Tezos is in the process of catching up with Ethereum’s dominance in the DeFi space and has around 135 projects and dApps in development on its network.
What’s more, cryptocurrency firms in Switzerland have been working with Tezos to launch tokenized assets like popular stocks on its blockchain. The same would act like a breather in the future amidst the evolving and competitive environment. Thus, the short-term setbacks would eventually be overshadowed by the favorable long-term prospects.
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