Data: Most sectors in crypto market rise, SocialFi sector up over 3%, Layer2 and DeFi sectors slightly down

According to SoSoValue data, the crypto market is showing a mild upward trend, with the SocialFi sector rising by 3.28% in the past 24 hours, marking a two-day consecutive increase. Toncoin (TON) rose by 2.99%, while Chiliz (CHZ) surged by 8.14%. Additionally, Bitcoin (BTC) rose by 1.63%, surpassing $88,000; Ethereum (ETH) increased by 1.54%, maintaining a narrow fluctuation around $2900. In other sectors, Layer1 rose by 1.39% in the past 24 hours, with Canton Network (CC) soaring by 19.46%; PayFi sector increased by 1.30%, with Verge (XVG) rising by 9.21%; CeFi sector went up by 1.09%, with FTX (FTT) increasing by 3.60%; Meme sector rose by 0.60%, with Pump.fun (PUMP) climbing by 5.72%. Additionally, Layer2 sector decreased by 0.63%, but Merlin Chain (MERL) rose by 3.94%; DeFi sector dropped by 0.92%, while Kamino (KMNO) defied the trend and increased by 10.39%. The crypto sector indices reflecting historical trends show that ssiSocialFi, ssiLayer1, and ssiPayFi indices rose by 3.50%, 1.52%, and 1.39% respectively.

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