Update
82 Crypto Projects Shut Down in 2026
Crypto researcher Stacy Muur has identified 82 digital asset projects and protocols that have reportedly shut down in 2026. The list includes Balancer, Radiant Capital, Neon EVM, and Step Finance. The shutdowns follow a prolonged bear market, with Bitcoin retreating from its October 2025 record high to below $60,000. Projects have struggled with financial sustainability, attracting users, and generating revenue, citing reasons such as lack of product-market fit, depleted funding, insufficient revenue, and decisions to pivot to other products.