The crypto market experiences a broad pullback, with the Layer 2 sector dropping nearly 3%, while only the CeFi sector remains relatively resilient

According to SoSoValue data, the crypto market is experiencing a broad-based pullback, with the Layer 2 sector falling 2.62% in the past 24 hours. Within the sector, Starknet (STRK) dropped 5.54%, Optimism (OP) fell 4.25%, and Mantle (MNT) declined 3.15%. Only the CeFi sector remained relatively resilient, rising 0.42%, led by Cronos (CRO), which gained 4.46%, and Binance Coin (BNB), which rose 0.82%.

In other sectors, the Layer 1 sector edged down 0.22% in 24 hours, but Canton Network (CC) rose 3.98%. The PayFi sector decreased by 0.28%, with Telcoin (TEL) surging 14.14%. The AI sector fell 0.41%, while Billions Network (BILL) soared 19.21% during the session. The Meme sector dropped 0.42%, but BUILDon (B) saw a massive gain of 54.09%. The DeFi sector slipped 1.68%, although Curve DAO (CRV) bucked the trend and rose 8.86%.

Reflecting the historical performance of these sectors, the indices for RWA (ssiRWA), AI (ssiAI), and DeFi (ssiDeFi) have declined by 7.75%, 5.87%, and 4.02%, respectively.