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More than 20 digital currency transactions closed in the first quarter of 2026, which indicates that the market has lost contact with the tightening of market conditions.
It includes portfolio closures, stock exchanges, NFT platforms, and decentralized finance tools, indicating that the industry is inclusive.
تبرز several notable names. I closed the magic of Eden Her portfolio was cut from her multi-chain operations to refocus on Solana.
Meanwhile, Leap Wallet has confirmed that it will close completely by the end of May, which represents a change.
It also ended Bit.com for the exchange of its operational derivatives, along with the decentralized finance group Slingshot decentralized Slingshot decentralized Dmail.
Earlier in the quarter, Nifty Gateway and Parsec analytics services also stopped operating.
These closures reflect a certain pattern: many extended projects were launched until 2021-2022 and at the beginning of 2025, when capital was plentiful and user growth was easy.
however, The current environment is less tolerant. The trading volumes decreased, the financing increased, and the activity of the users gathered.
As a result, faced with products that do not have clear revenue models or needs that do not have clear revenue models or needs that are difficult to survive.
This trend indicates that the market is entering a more mature stage. Instead of rapid expansion, the focus shifts towards sustainability, profitability and real employment.
So far, small and medium-sized enterprises remain the most exposed with re-recording.
