On November 18, RADAR's price dropped by 37% following the announcement of DappRadar's closure due to financial issues. However, there may still be hope for the platform as CMC and other industry players have expressed their support. DappRadar is a blockchain analytics platform founded in 2018 by Skirmantas Januškas and Dragos Dunica, which enables the exploration of decentralized applications (dApps) on more than 90 chains.
RADAR price evolution
At the time of writing, RADAR is trading above $0.00065 with a market cap of over $625,500. The digital asset is down 37% in the last 24 hours.
RADAR price in USD today The RADAR price decline started on November 17, when the market capitalization of the digital asset exceeded 1 million USD. The downward trajectory was triggered by the announcement of the closure of DappRadar.
DappRadar may close after 7 years of activity
In an official announcement on X, the platform revealed that after seven years of activity, it is shutting down operations as it has become financially unsustainable in the current environment. The team pointed out that the project started in 2018, when the space was still in its infancy, being inspired by CryptoKitties. DappRadar was created to help people discover and understand the world of Web3. DappRadar has stayed active through both bull market and tough times, helping millions of users discover dApps, research and learn. The project has collaborated with hundreds of blockchains and thousands of developers, and its data has been cited by journalists, used in research papers, and distributed in numerous languages around the world. DappRadar has stayed true to its mission and principles, bringing positive change to the industry. The team behind the project has stated that it will stop tracking blockchains and dApps and begin the process of shutting down operations and associated services. Regarding DAO and RADAR, more details will be communicated. The project stated that Web3's mission should continue and expressed its gratitude to the community, partners, investors and everyone who believed in it.
After seven years, it’s time to say goodbye. pic.twitter.com/QGfRRe6Gts
— DappRadar (@DappRadar) November 17, 2025
CMC offers help amid huge support from the community
After the platform's announcement, which came amid heightened market volatility, the crypto community showed its support for the project by offering to help. CoinMarketCap issued a message on X on the morning of November 18, highlighting that DappRadar's contributions to the ecosystem over the past 7 years are unparalleled. The team behind the market tracker also shared a message from its CEO, Rush Lu, who asked if there was anything they could do to keep DappRadar active and asked the team to check his private message.
Is there anything we can do to keep you around? Can you check my DM. Thanks! https://t.co/090z5S9vft
— Rush (@RushCMC) November 17, 2025
Despite the volatility, the crypto community remains united
DappRadar's announcement came at a time of extreme volatility in the crypto market, recently plagued by massive FUD, bullish sales, liquidations and other issues. Currently, the Fear and Greed index is 15, indicating Extreme Fear. However, the crypto community continues to stick together during such difficult times, showing strong support for major players who have built valuable products in Web3. The community asked for help from Coinbase and other platforms to keep DappRadar active. Perhaps CMC or other big names in the ecosystem will be able to support DappRadar and prevent it from shutting down. CMC was founded in 2013 and has become the most trusted global source of crypto data, including used by the US government. In 2020, the platform was acquired by Binance, but continues to operate independently. Such an important platform in the ecosystem has the means to help DappRadar, especially since the team behind CMC understands the efforts, honest work and significant contributions in Web3. Join our 33,000+ subscribers. No spam, just useful info.