Crypto is going through a massive dot-com style shakeout as over 100 projects fold in 2026

60-second summary

Crypto is undergoing a massive dot-com style shakeout, with over 100 projects folding in 2026, as an industry-wide reckoning weeds out unsustainable startups, leaving behind only the protocols with real cash flow and actual users. This purge is expected to strengthen the ecosystem by eliminating weak projects, ultimately benefiting the remaining viable ones.