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DappRadar's Shutdown Reflects Challenges Faced by the Industry Amid Market Volatility

DappRadar's Shutdown Reflects Challenges Faced by the Industry Amid Market Volatility

Bitget-RWA2025/11/18 04:08
By:Bitget-RWA

- Web3 analytics firm DappRadar announced its shutdown due to "financially unsustainable market conditions," causing its RADAR token to drop 30%. - Companies like PG Electroplast and GEM Aromatics reported revenue declines amid U.S. tariffs, GST changes, and raw material costs, reflecting broader economic challenges. - Geox cut 2025 sales forecasts by high single digits after 6.2% year-to-date revenue fall, while cost cuts helped stabilize its EBIT margin. - Tech stocks face volatility: Nvidia downgraded a

DappRadar, a prominent name in Web3 analytics, has announced it will soon cease operations, marking a significant departure from the DApp monitoring industry after seven years. Founders Skirmantas Januškas and Dragos Dunica

as the main factor behind their decision to discontinue blockchain and DApp tracking in the near future. The news reverberated throughout the crypto sector, causing the platform’s native RADAR token within a few hours. This situation highlights a larger pattern of technology companies struggling with unpredictable market dynamics, as seen in recent difficulties across various industries.

DappRadar’s closure comes amid a series of strategic shifts by companies facing economic challenges. For example, PG Electroplast, a leading provider of electronic manufacturing services (EMS) and plastic molding,

for FY2026, even though its Q2 revenue fell 2.4% year-over-year to ₹655.37 crore. The company credited its stability to cost-saving strategies and increased R&D spending, aiming to leverage the expanding consumer electronics market in India. Likewise, GEM Aromatics, which produces specialty ingredients and aroma chemicals, to ₹895.25 crore for Q2 FY2026, attributing the decline to U.S. tariffs, changes in GST rates, and higher raw material expenses.

DappRadar's Shutdown Reflects Challenges Faced by the Industry Amid Market Volatility image 0
Italian brand Geox, known for its footwear and apparel, also revised its 2025 sales forecast downward, now expecting a notable single-digit percentage drop due to ongoing global market instability. For the first nine months of FY2025, Geox’s consolidated sales declined by 6.2% to €492.8 million, with both wholesale and online sales falling by 6.3% and 11.5% respectively . Despite these hurdles, Geox highlighted its success in reducing costs by €20 million, which contributed to maintaining its adjusted EBIT margin.

The difficulties faced by these organizations illustrate a global economic environment shaped by geopolitical instability, evolving regulations, and changing consumer preferences. For instance,

whether leading cloud service providers such as Amazon Web Services, Microsoft Azure, and Google Cloud should be subject to stricter rules under the Digital Markets Act (DMA), due to worries about market dominance and recent outages. At the same time, Siemens Gamesa’s collaboration with Denmark’s Gefion supercomputer on industrial AI to foster innovation in fields like renewable energy.

As investors reconsider their long-term commitments, the RADAR token’s performance has become central to debates about the sustainability of Web3 analytics businesses. The token’s steep fall reflects wider concerns among investors about the prospects for blockchain analytics.

Market volatility is also affecting technology stocks, prompting analysts to reassess their positions in fast-growing firms.

by Mizuho, which pointed to impressive growth in subscription-based annual recurring revenue and strong alliances with cloud providers like AWS. In contrast, Nvidia was downgraded as investors worried about a potential correction in the AI sector, highlighted by Michael Burry’s complete sale of his Nvidia shares and SoftBank’s full divestment from its $5.8 billion Nvidia holding .

DappRadar’s closure marks a pivotal moment for the Web3 analytics industry, joining a broader movement of companies adjusting to an environment defined by unpredictability. Across sectors from manufacturing to cloud technology, businesses are striving to balance innovation with financial discipline, navigating a landscape shaped by regulatory, economic, and technological shifts.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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