Thematic Research Brief

Crypto Project Shutdown Wave Spreads: RootData’s Logic and Reflections Behind the Closed Projects List

R
RootData Research
Sep 4, 202615 min

RootData believes it is useful to explain the methodology behind the list and share our data-driven perspective on the current industry shakeout.

Crypto Project Shutdown Wave Spreads: RootData’s Logic and Reflections Behind the Closed Projects List

Market sentiment in crypto has remained subdued in recent months. RootData’s 2026 Crypto Closed Projects List quickly became a focal point of industry discussion, reflecting broader concerns about a new wave of project exits and industry consolidation. The report was widely covered and discussed by major media outlets including CoinDesk, Cointelegraph, CryptoSlate, ChainCatcher, Wu Blockchain, Foresight News, PANews, and TechFlow, as well as numerous industry KOLs.

Given the level of attention, RootData believes it is useful to explain the methodology behind the list and share our data-driven perspective on the current industry shakeout.

1. How We Define a “Closed” Project

Clear and consistent standards are essential for any dataset to be useful.

Rather than relying on rumors or market sentiment, RootData uses a combination of automated monitoring and manual review. The assessment centers on official announcements and observable operational activity.

Projects are classified as closed if they meet one of the following criteria:

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This brief is a short-form research note intended to provide timely and concise observations on a specific issue, event, or subject. Coverage is limited and does not constitute comprehensive due diligence or a full investment research report. Views are based on publicly available information as of the publication date and may be revised as new information emerges; the authors are under no obligation to update this note. It does not constitute advice to buy, sell, hold, or dispose of any asset, and no warranty is given as to the ultimate correctness of the judgments expressed. Readers should weigh the inherent limitations of brief research, seek additional sources, make independent decisions, and bear their own risks. Full reproduction or selective quotation without permission is not allowed.

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