The crypto market saw a broad decline, with the RWA sector leading the drop at over 3%

Odaily Odaily reported that according to SoSoValue data, the crypto market experienced a broad decline. The RWA sector, which performed strongly yesterday, led the 24-hour drop with a decrease of 3.13%. Within the sector, Centrifuge (CFG) fell by 8.40%, while Ondo Finance (ONDO) and Pendle (PENDLE) dropped by 3.02% and 6.08%, respectively. The GameFi sector fell by 2.59%, but WEMIX within the sector bucked the trend, rising by 2.01%.

Regarding other sectors, the Meme sector fell by 0.73% in 24 hours, yet Banana For Scale (BANANA) surged by 17.23%, and Siren (SIREN) rose by 8.27%. The Layer1 sector fell by 0.87%, while Algorand (ALGO) increased by 7.52%. The CeFi sector decreased by 1.03%, with NEXO (NEXO) holding relatively firm, rising 1.61% during the session. The DeFi sector dropped by 1.49%, while Morpho Token (MORPHO) increased by 3.34%. The Layer2 sector fell by 1.80%, with Arbitrum (ARB) decreasing by 2.74%. The PayFi sector fell by 2.41%, but Telcoin (TEL) rose by 4.66%.

The crypto sector index, which reflects historical sector performance, showed that ssiNFT rose by 0.36%, while the ssiAI and ssiRWA indices fell by 8.73% and 7.71%, respectively.