The crypto analytics sector is losing another player as Parsec, an on-chain data platform founded during the last major bull cycle, announced it is shutting down after five years. The company’s closure reflects deeper changes across decentralised finance and NFT markets, where trading activity and leverage have declined from earlier peaks. As crypto markets mature, analytics firms built around earlier trading patterns are finding it harder to remain relevant. Parsec’s shutdown also comes amid falling Bitcoin prices, declining NFT sales, and broader signs of weakening participation across key parts of the crypto ecosystem. https://twitter.com/parsec_finance/status/2024519983330468049?s=20 Strategy fell behind market shift Parsec confirmed its closure in a post on X on Thursday, stating that it is shutting down after years of tracking…
