The crypto market shows mixed performance, with the SocialFi sector surging over 22%

According to SoSoValue data on May 7, the crypto market sectors showed mixed performance. The SocialFi sector has recently performed notably, rising another 22.04% in 24 hours. Within the sector, Toncoin (TON) surged 25.18%. Meanwhile, Bitcoin (BTC) fell 0.17%, holding above $81,000, and Ethereum (ETH) rose 1.61%, trading narrowly around $2,300.

Other standout sectors include: the AI sector, which rose 3.44% in 24 hours, with Billions Network (BILL) gaining 74.30%; and the RWA sector, up 2.83%, with newly listed KAIO (KAIO) skyrocketing 6,681.80%.

In other sectors, the Layer1 sector gained 1.99%, with Zcash (ZEC) rising 5.58%; the CeFi sector increased 1.22%, with Bitget Token (BGB) up 6.37%; the Layer2 sector rose 1.21%, with Optimism (OP) gaining 6.33%; and the PayFi sector edged up 0.10%, with Dash (DASH) rising 6.39%.

Additionally, the DeFi sector fell 0.20%, while EdgeX (EDGE) gained 9.29%; the Meme sector declined 0.93%, with Siren (SIREN) relatively resilient, up 9.84%.

Reflecting historical sector performance, the crypto sector indices show that the ssiSocialFi, ssiAI, and ssiDePIN indices rose by 23.45%, 2.81%, and 2.72%, respectively.