The crypto market shows mixed results, with the SocialFi sector rising over 22%
According to SoSoValue data on May 7, the crypto market sectors showed mixed performance. The SocialFi sector stood out recently, rising another 22.04% in 24 hours. Within the sector, Toncoin (TON) surged 25.18%. Meanwhile, Bitcoin (BTC) fell 0.17%, remaining above $81,000, while Ethereum (ETH) rose 1.61%, hovering around $2,300 with narrow fluctuations.
Other notable sectors include: the AI sector, which rose 3.44% in 24 hours, with Billions Network (BILL) increasing by 74.30%; and the RWA sector, which rose 2.83%, with the newly listed KAIO (KAIO) surging 6681.80%.
In other sectors, the Layer1 sector rose 1.99%, with Zcash (ZEC) increasing by 5.58%; 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%; and the PayFi sector rose 0.10%, with Dash (DASH) up 6.39%.
Additionally, the DeFi sector fell 0.20%, while EdgeX (EDGE) rose 9.29%; the Meme sector fell 0.93%, with Siren (SIREN) remaining relatively resilient, up 9.84%.
Sector indices reflecting historical sector performance show that the ssiSocialFi, ssiAI, and ssiDePIN indices rose 23.45%, 2.81%, and 2.72%, respectively.
