There's an inflection point where a tool becomes part of a de facto industry toolset. If most of your customers and partners use Figma, you do too. Figma's reached that point and Sketch has been on the downswing for years. They were rightfully outmaneuvered by Figma, and now Figma has a massive pool of resources on top of that.
At this point they'll need to do a lot more than copy Figma. Maybe they can luck out if Adobe doesn't understand Figma and causes some damage, but I wouldn't count on it. Perhaps there's some enterprise niche they can start to fill out.