According to SoSoValue data, the upward revision of US Q2 GDP exceeded expectations, and Federal Reserve Governor Waller supported a 25 basis point interest rate cut in September. Positive macroeconomic factors have led to gains in most crypto sectors, including the Layer 2 sector, which saw a 3.03% increase over the past 24 hours. Within the sector, Mantle (MNT) and ex-MATIC (POL) rose 5.20% and 7.21%, respectively. Notably, Bitcoin (BTC) and Ethereum (ETH) fell 0.18% and 1.45%, respectively, over the past 24 hours. BTC remained volatile around $111,000, while ETH fell below $4,500.
In other sectors, the DeFi sector rose 1.58% in 24 hours, among which Chainlink (LINK) rose 2.69% and Pyth Network (PYTH) rose sharply by 99.74%. On the news front, the US government announced a partnership with Chainlink and Pyth to publish key economic data including GDP and PCE on the blockchain; the Layer 1 sector rose 1.37%, and within the sector, Solana (SOL) rose 4.85%; the CeFi sector rose 0.49%, and Binance Coin (BNB) rose 2.24%, but Cronos (CRO), which had previously risen significantly, pulled back and fell 12.75%; the Meme sector rose 0.27%, and Pump.fun (PUMP) and BUILDon (B) rose 12.88% and 20.01% respectively.
The PayFi sector has pulled back for two consecutive days, falling 1.35% in 24 hours. Within the sector, XRP, Monero (XMR), and Telcoin (TEL) fell 1.10%, 3.46%, and 5.23%, respectively.
The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiLayer 2, ssiDePIN, and ssiSocialFi indices rose by 3.10%, 0.96%, and 0.93%, respectively.
According to SoSoValue data, the crypto market saw mixed gains and losses. The CeFi sector saw a 2.42% increase over the past 24 hours. Within the sector, Cronos (CRO) surged another 84.24%, reaching a three-year high. News broke that Trump Media Technology Group and Crypto.com had partnered to establish a CRO reserve company. Bitcoin (BTC) also rose 0.54%, fluctuating within a narrow range around $111,000. Ethereum (ETH) fell 0.47%, briefly falling below $4,500 during the session.
In terms of other sectors, the Layer 1 sector rose 1.41% in 24 hours, with Avalanche (AVAX) and Solana (SOL) rising 1.86% and 3.88% respectively; the Meme sector rose 0.96%, and Pump.fun (PUMP) rose 4.30%; the DeFi sector rose 0.74%, with Jupiter (JUP) and Raydium (RAY) rising 6.32% and 14.34% respectively; the Layer 2 sector rose 0.26%, and Mantle (MNT) rose 1.43%.
The PayFi sector, which saw significant gains yesterday, fell 0.16% in the 24 hours. Among them, Stellar (XLM) and Ultima (ULTIMA) fell 2.34% and 6.70% respectively.
The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiCeFi, ssiMeme, and ssiDePIN indices rose by 1.95%, 1.15%, and 0.86%, respectively.
According to official news from Odaily Planet Daily, LBank will list Bitlayer (BTR) at 19:00 (UTC+8) on August 27, 2025, and open the BTR/USDT trading pair.
Deposits will be open at 18:00 (UTC+8) on August 27, 2025, and withdrawals will be open at 19:00 (UTC+8) on August 27, 2025.
It is reported that Bitlayer is the first Bitcoin Layer 2 solution built on the BitVM paradigm, aiming to inherit Bitcoin's top security while achieving Turing-complete programmability.
According to SoSoValue data from Odaily Planet Daily on August 27, the crypto market rebounded after a series of pullbacks. Ethereum (ETH) rose 3.40% in the past 24 hours, briefly rebounding above $4,600. Bitcoin (BTC) also rose 1.45% in the past 24 hours, currently trading at $111,000. Furthermore, the PayFi sector rose 3.83%. Within the sector, XRP rose 4.17%, Litecoin (LTC), and Monero (XMR) rose 2.99% and 4.54%, respectively.
Meanwhile, MAG 7.ssi rose 3.14%, DEFI.ssi gained 1.81%, and MEME.ssi climbed 3.87%.
Other sectors with outstanding performance include: the RWA sector rose 3.73% in 24 hours. Within the sector, Sky (SKY) and Maker (MKR) rose 8.10% and 8.46% respectively; the CeFi sector rose 3.64%, among which Hyperliquid (HYPE) and Cronos (CRO) rose sharply by 11.65% and 21.08% respectively; the Meme sector rose 3.58%, and Pump.fun (PUMP) rose 8.22%.
In other sectors, the Layer 1 sector rose 3.04% in 24 hours, Solana (SOL) rose 3.97%; the DeFi sector rose 2.75%, Aave (AAVE) rose 3.29%; the Layer 2 sector rose 2.44%, and Mantle (MNT) rose 2.81%.
The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiRWA, ssiPayFi, and ssiCeFi indices rose by 4.18%, 3.79%, and 3.71%, respectively.
Odaily Planet Daily reported this morning that at the WebX 2025 conference in Tokyo, Japan, Uniswap Labs founder and CEO Hayden Adams stated in a fireside chat that, "As we envisioned the next phase of Uniswap, we realized that if the crypto world was actively developing Layer 2, we also needed to expand and further improve our products to better serve our users. We believe that Layer 2 is the optimal underlying layer for DeFi—extremely cheap, incredibly fast, and maintaining its decentralized advantages."
During the development of UniChain, we engaged with users to understand the challenges they faced. Specifically, our goal is to build a more comprehensive architecture, from a simple frontend to the API that supports it, and then to custom-built layers for collaboration. One of Uniswap's most unique new features is how we prioritize transactions. We create fair prioritization, resulting in a pool that ultimately generates profits for liquidity providers and reduces value loss. Users can experience this feature in the Uniswap v4 Hook.
The ultimate goal for asset issuers is to be able to create liquidity at low cost on DEXs like Uniswap, using automated strategies without having to work with market makers.
Today, DeFi products offer a poor user experience (UX), similar to the early days of the internet. However, we are working hard to improve the UI and abstract messaging and data transmission protocols. Furthermore, I am a staunch privacy advocate and believe the crypto industry will continue its decentralization trend, resulting in more robust and comprehensive decentralized products.
