Crypto Bear Market Claims 2 More: Linera and Switchboard Shut Down Back to Back

Crypto Insight Summary: Two crypto projects, a16z-backed layer-1 network Linera and permissionless oracle protocol Switchboard, announced closures a day apart. The shutdowns land in a year that has already buried more than 260 crypto projects, according to the tracker RootData, which is still adding names to its 2026 list. Linera Ran Out of Road Before Mainnet Linera told Crypto Insight Analysis: Direction: Bearish Crypto Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Two more project closures add to negative sentiment but are not systemic risks.