Just saw that Parsec, the on-chain data analytics platform, has officially shut down operations. They announced it on their website and social media saying they're wrapping up after five years and handling refunds for all active subscriptions. Parsec had raised $4 million back in 2023 with Galaxy Digital leading the round, plus some solid backers like Uniswap Labs Ventures and others. They were pretty useful for building custom data dashboards in DeFi and NFT spaces with their terminal and API services. Kinda surprised to see Parsec go given the backing they had. Wonder if there's a bigger story here about the market cooling down for these analytics tools?

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