Although the year 2018 has not been the easiest for Tezos, it seems the project is finally hitting its stride. Despite facing numerous setbacks over the months, and losing a lot of value in the process, the XTZ price is rebounding slowly. Some positive news behind the scenes could help this market recover in the coming weeks. Even so, sustaining any extended uptrend will remain difficult.
Considering how all cryptocurrencies have lost tremendous value throughout 2018, it is not surprising to find some projects underperforming in the price department. The downtrend affecting Bitcoin drags all other currencies and assets with it without compromises. Tezos is just one of the many victims in this regard, albeit the project has seen its fair share of setbacks as well.