Cryptocurrency market shows mixed performance, SocialFi sector surges over 22%

2026-05-07 03:42

Odaily Planet Daily News, May 7. According to SoSoValue data, the cryptocurrency market sectors showed mixed performance. The SocialFi sector performed notably, rising another 22.04% in 24 hours. Within the sector, Toncoin (TON) surged 25.18%. Additionally, Bitcoin (BTC) fell 0.17%, maintaining above $81,000, while Ethereum (ETH) rose 1.61%, fluctuating narrowly around $2,300.

Other sectors with strong performance include: the AI sector, which rose 3.44% in 24 hours, with Billions Network (BILL) surging 74.30%; the RWA sector rose 2.83%, with newly listed KAIO (KAIO) skyrocketing 6681.80%.

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

Furthermore, the DeFi sector fell 0.20%, with EdgeX (EDGE) up 9.29%; the Meme sector fell 0.93%, with Siren (SIREN) relatively firm, rising 9.84%.

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