DappRadar’s shutdown due to financial unsustainability has intensified RADAR token losses, with further decisions on the DAO and token pending official communication.
DappRadar, a major analytics platform for decentralized applications launched in 2018, announced via its X account it will shut down, citing financial unsustainability. The service, which tracked NFTs, DeFi flows, and on-chain activity across multiple blockchains, will wind down operations. The team confirmed that details on the DAO and RADAR token will be communicated separately. Following the announcement, the RADAR token fell 36% according to CoinMarketCap, reflecting market uncertainty as holders await guidance. The closure removes a prominent resource from the dApp analytics ecosystem.