DappRadar (RADAR) Price: Token Crashes 30% as Analytics Platform Announces Shutdown

TLDR

• DappRadar announced it will cease operations after seven years, citing financial unsustainability in the current market environment
• The RADAR token price fell approximately 30-36% immediately following the shutdown announcement on Monday
• The platform will stop tracking blockchains and decentralized applications in the coming days
• DappRadar launched in 2018 and became a major analytics hub for tracking on-chain activity across dozens of blockchains
• The team has not yet provided details on how they will handle the RADAR token or the platform’s DAO

DappRadar announced on Monday that it will shut down operations. The analytics platform has been tracking decentralized applications since 2018.

Founders Skirmantas Januškas and Dragos Dunica shared the news through an X post. They stated that running the platform became financially unsustainable in the current environment.

The platform will stop tracking blockchains and DApps in the coming days. This marks the end of seven years of operation for one of the crypto industry’s most prominent analytics hubs.

The RADAR token price dropped sharply after the announcement. Data from Nansen showed the token fell about 30% immediately following the news.

CoinMarketCap reported a 36% decline since Monday’s announcement. The token traded at approximately $0.00072 at the time of reporting.

Token and DAO Future Uncertain

DappRadar said it would communicate separately about the RADAR token. The team also plans to address how it will handle its decentralized autonomous organization.

Token holders are waiting for guidance on these matters. The platform did not provide a timeline for when these communications would occur.

The team stated they explored every option before making the decision. They described the choice to wind down operations as difficult.

Platform’s Role in Crypto Analytics

DappRadar launched in 2018 and grew into a major information source. The platform provided analyses across multiple areas of the crypto industry.

The service tracked activity from NFT markets to DeFi flows. It monitored dozens of blockchains and provided data on decentralized exchange activity.

The platform reported on major incidents like the $100 million Balancer exploit. It also tracked developments among various DApps across the ecosystem.

In a second quarter 2025 blog post, DappRadar noted that DeFi remained strong with TVL growth. The platform also highlighted concerns about exploit-related losses in the space.

Other Platform Closures in 2025

DappRadar joins other crypto platforms that shut down in 2025. Cryptocurrency exchange eXch closed its operations earlier this year.

NFT marketplace X2Y2 also announced its shutdown. Decentralized exchange Mango Markets ceased operations as well.

The platform will begin its shutdown process in the coming days. DappRadar has not responded to requests for additional comment on the closure.

The post DappRadar (RADAR) Price: Token Crashes 30% as Analytics Platform Announces Shutdown appeared first on CoinCentral.