The crypto market is trading in a narrow range, with the RWA sector gaining over 2%

2026-05-22 02:13

According to SoSoValue data, the cryptocurrency market is experiencing a narrow range consolidation. Bitcoin (BTC) fell 0.38%, remaining near $78,000 for several consecutive days; Ethereum (ETH) dropped 0.41%, consolidating above $2,100. The RWA sector performed prominently, rising 2.12% in 24 hours. Within this sector, Centrifuge (CFG) increased by 6.98%, Plume (PLUME) surged 16.85%, and Ondo Finance (ONDO) rose 3.24%.

Looking at other sectors, the Layer 2 sector rose 0.76%, with Celestia (TIA) up 4.45%; the DeFi sector gained 0.71%, with Hyperliquid (HYPE) increasing 2.07% and breaking through $62 during the session to reach a new all-time high; the Layer 1 sector rose 0.71%, with NEAR Protocol (NEAR) surging 17.83%; the CeFi sector increased 0.65%, with FTX (FTT) up 1.16%; the Meme sector rose 0.42%, with SPX6900 (SPX) gaining 2.86%; the PayFi sector fell 0.88%, while Safe (SAFE) rose 11.85%.

The crypto sector indices, which reflect historical sector performance, show that the ssiCeFi, ssiLayer2, and ssiLayer1 indices rose by 0.77%, 0.64%, and 0.51%, respectively.