Leap Wallet will permanently close all products on May 28, 2026. Cosmos users must export recovery phrases or private keys and migrate to wallets such as Keplr or MetaMask. ATOM stakers using Leap’s validator face a more urgent redelegation timeline.

At least 86 crypto projects shut down or began winding down by March 20, spanning wallets, NFT platforms, and DeFi. Meanwhile, capital is not leaving crypto but rotating into spot Bitcoin ETFs, stablecoins, and tokenized real-world assets, signaling a more institutional and compliance-focused market.

More than 86 crypto projects shut down or began winding down in Q1, spanning wallets, NFT platforms, DeFi, and governance tools. Meanwhile, capital is not leaving crypto but rotating toward Bitcoin ETFs, stablecoins, and tokenized real-world assets with clearer regulation and stronger institutional demand.

14 Web3 projects, including MilkyWay, Bloktopia, Nifty Gateway, Polynomial, and ZeroLend, shut down in Q1 2026, signaling a severe market contraction due to declining investor interest and liquidity crunch.

At least 14 Web3 projects, including MilkyWay, Bloktopia, Nifty Gateway, and many DeFi protocols, shut down in Q1 2026 due to low investor interest and tough market conditions.

In Q1 2026, over a dozen Web3 projects including MilkyWay, Bloktopia, Nifty Gateway, and Polynomial shut down, reflecting waning investor and community interest across DeFi, GameFi, and NFT sectors.

At least 14 Web3 projects including MilkyWay, Bloktopia, Nifty Gateway, and Polynomial shut down in Q1 2026, according to Phoenix Group. The closures span DeFi, NFT, GameFi, and infrastructure sectors, highlighting waning investor and community interest.

More than 20 funded crypto projects—including wallets, DEXs, and NFT platforms—shut down in Q1 2026 due to declining volumes, tight capital, and user shift to large caps. Experts view it as a market reset, not a collapse, accelerating survival of the fittest.