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The platform\u2019s founders reached out through social media<\/a> and email to say Dapp<\/a>Radar would soon stop tracking blockchains and DApps.<\/p>\n DappRadar, the analytics platform that provides data on the decentralized application (DApp) industry, has announced that it will be shutting down its operations after seven years.<\/p>\n In a Monday X post, DappRadar founders Skirmantas Janu\u0161kas and Dragos Dunica said<\/a> they would be winding down the platform. The pair said that \u201crunning a platform of this scale became financially unsustainable in the current environment,\u201d and it plans to stop tracking blockchains and DApps \u201cin the coming days\u201d as it begins to shut down. <\/p>\n The notice said the platform would communicate separately regarding how it would handle its native RADAR token and its decentralized autonomous organization (DAO). The token price fell about 30% immediately following the shutdown announcement, reaching about $0.00072 at the time of publication, according to data<\/a> from Nansen.<\/p>\n Read more<\/p>\n<\/p>\n If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n If you want to read more News<\/a> articles, you can visit our General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n\n