diff --git a/README.md b/README.md
index f098767a..a6d8b812 100644
--- a/README.md
+++ b/README.md
@@ -2,6 +2,7 @@
 ![image](./priv/static/images/explorer_preview.png)
 
 - [StarkCompass](#starkcompass)
+  - [Archival Notice](#archival-notice)
   - [Requirements](#requirements)
   - [Local development](#local-development)
     - [Setup](#setup)
@@ -17,6 +18,11 @@
   - [Contributing](#contributing)
     - [Get in Touch](#get-in-touch)
 
+## Archival Notice
+
+**StarkCompass is now archived.**
+This repository has been archived and is no longer actively maintained. StarkCompass remains functional and supports Starknet up to version 0.13.2. However, maintaining and updating this project requires significant effort, and we no longer have the time to dedicate to it. We have chosen to prioritize other Starknet-related projects, such as [Cairo VM](https://github.com/lambdaclass/cairo-vm) and [Cairo Native](https://github.com/lambdaclass/cairo_native).
+
 ## Requirements
 - SQLite
 - Erlang 25