After seven years, DappRadar, a pioneer in blockchain analytics, has announced its closure due to financial strain caused by market downturn and declining user activity. The platform, known for providing comprehensive data on decentralized applications (dApps), served both developers and investors worldwide. Launched in 2018, it offered real-time data across over 90 blockchains, covering a broad range of dApp categories including DeFi, NFTs, gaming, and the metaverse. However, despite attracting funding from leading venture capital firms to expand its platform, DappRadar struggled to generate sustainable revenue streams. As the cryptocurrency market cools down and competition intensifies in the space, financial pressures mounted, ultimately forcing the company’s closure. The team plans to communicate future steps regarding their decentralized autonomous organization (DAO) and RADAR token through community channels.