95 Crypto Projects End in 2026... Surpassing 2022 Bear Market Levels

As of 2026, 95 crypto projects have closed, exceeding the scale of the 2022 bear market. According to blockchain media CryptoPolitan, closures primarily affected Web3 projects as users and liquidity migrated to a few core services, pushing smaller competitors aside. Slowing token trading and shifts of user funds toward tokenized stocks and perpetual contracts weakened the Web3 startup model that relied on initial funding and token value growth. This year’s closures affected both large and small projects, with some shutting down due to lack of users or bankruptcy, while others failed after hacking incidents or inability to secure new liquidity. CryptoRank highlights 17 notable closures this year, raising $8.9 billion collectively but failing to establish significant presence in the crypto ecosystem. While the decline did not trigger broad market disruption like FTX or Terra, the trend shows fewer projects relying on rapid funding and a clearer focus on real demand.