The on-chain data platform DappRadar announced its shutdown after 7 years of operation, stating that maintaining a large-scale analytical infrastructure across multiple chains has become financially unsustainable in the current bear market. Revenue from subscriptions, advertising, and RADAR tokens is far from sufficient in the face of high costs such as servers and development; after the announcement, the RADAR price experienced a big dump, indicating that even basic data services are struggling to break even, reflecting that the real activity and business models of the entire Web3 are being forced to be reshuffled.