2026 has been a brutal year for crypto.
Dozens of projects have either shut down, wound down operations, or announced theyโre ending support across multiple sectors.
Some notable names include:
โข Exchanges: BitMEX, BitMart, Arkham Exchange, Bitcom
โข DeFi: Balancer Labs, Radiant Capital, ZeroLend, Goldfinch, Ionic, Rage Trade
โข Layer 1 & Layer 2: Moonbeam, ICON, Swellchain, Polygon zkEVM, Botanix, Pryzm, Over Protocol
โข NFT: Nifty Gateway, Foundation, Exchange Art, JPG Store, Loopring DEX
โข Wa...
Babylon is tackling a real Bitcoin problem: earning yield without wrapping BTC, bridging it, or giving up custody.
The idea is strong, but the hard part is demand. PoS networks must keep paying for Bitcoin-backed security, while BTC holders need to accept the lock-up and slashing risks.
BABY matters only if that activity becomes sustainable. Otherwise, it is just another staking cycle.
#baby @babylonlabs_io $BABY
{future}(BABYUSDT)