The crypto market broadly declines, with the Layer 2 sector dropping nearly 3%, only the CeFi sector remains relatively resilient

According to SoSoValue data, crypto market sectors broadly declined. The Layer 2 sector fell 2.62% in 24 hours, with Starknet (STRK) dropping 5.54%, Optimism (OP) falling 4.25%, and Mantle (MNT) decreasing 3.15%. Only the CeFi sector remained relatively resilient, rising 0.42%, where Cronos (CRO) increased by 4.46% and Binance Coin (BNB) rose 0.82%.

In other sectors, the Layer 1 sector fell 0.22% in 24 hours, but Canton Network (CC) increased by 3.98%; the PayFi sector fell 0.28%, with Telcoin (TEL) rising 14.14%; the AI sector fell 0.41%, with Billions Network (BILL) surging 19.21% during the session; the Meme sector fell 0.42%, but BUILDon (B) saw a significant increase of 54.09%; the DeFi sector fell 1.68%, with Curve DAO (CRV) bucking the trend and rising 8.86%.

Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiAI, and ssiDeFi indices fell by 7.75%, 5.87%, and 4.02% respectively.