Crypto Market Mixed as DeFi Sector Rises 1.04%
The crypto market has seen mixed results over the past 24 hours, according to data from SoSoValue. The DeFi sector stood out with a significant increase of 1.04%. Notable performers in this sector include Hyperliquid (HYPE), which rose by 1.74%, and Chainlink (LINK), which saw an impressive gain of 2.42%.
The Meme sector also experienced growth, rising 0.70% with Fartcoin (FARTCOIN) up 9.04% and Pump.fun (PUMP) up 8.76%. On the other hand, the CeFi sector declined by 0.07%, but Cronos (CRO) bucked this trend, increasing by 1.07%.
Other sectors showed varying results: PayFi rose 0.40% with eCash (XEC) up 1.56%, and Layer1 increased by 0.20% with Cosmos Hub (ATOM) rising 8.71%. Meanwhile, the Layer2 sector fell 0.97%, but Optimism (OP) managed a notable gain of 4.11%.
The ssiAI, ssiDeFi, and ssiMeme indices also reflected this growth, increasing by 1.93%, 1.29%, and 1.28%, respectively.