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Parsec Shuts Down Business Amid Crypto Market Volatility

On-chain analytics platform Parsec will be winding down after five years, with its CEO saying it failed to keep up with market trends.

On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did.
“Parsec is shutting down,” the company said in an X post on Thursday, while its CEO, Will Sheehan, sa… [2079 chars]

Source: Cointelegraph | Published: 2026-02-20T06:04:37Z

Credit: Cointelegraph

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