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DappRadar, a leading Web3 analytics platform, has officially announced it is shutting down. The company cited “financial unsustainability” as the primary reason for ending its seven-year operation. The announcement immediately triggered a sell-off in its native RADAR token.

The cryptocurrency market has slipped into the red zone as investors await the upcoming U.S. Federal Reserve meeting scheduled for July 30. While Bitcoin is trying to hold steady near its recent all-time highs, several altcoins like ADA, BNB, DOGE, and HYPE have dropped by around 3%.

The crypto market is starting the week on a strong note, and altcoins are also aiming to bounce back. After an impressive weekend close, several top tokens closely, especially Solana (SOL), Ethereum (ETH), and SUI, which are showing clear signs of strength and setting up for possible big moves in the days ahead.