At least 109 encryption projects will be closed by 2026, with DeFi accounting for the highest proportion

As of August 5th, the tracker developed by CryptoSlate shows that at least 109 cryptocurrency projects will be closed, cease operations, or remain inactive by 2026. Among them, DeFi projects account for 28, games account for 15, infrastructure accounts for 13, Layer-1 and Layer-2 projects account for 12, other projects account for 11, NFTs account for 10, and wallets, exchanges, and analytics products account for 18.