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

According to SoSoValue data, the crypto market sectors are undergoing a broad correction. The Layer 2 sector fell 2.62% in the past 24 hours, with Starknet (STRK) dropping 5.54%, Optimism (OP) declining 4.25%, and Mantle (MNT) decreasing 3.15%. Only the CeFi sector remained relatively resilient, rising 0.42%, with Cronos (CRO) gaining 4.46% and Binance Coin (BNB) increasing 0.82%.

In other sectors, the Layer 1 sector fell 0.22% over 24 hours, but Canton Network (CC) rose 3.98%; the PayFi sector dropped 0.28%, where Telcoin (TEL) increased 14.14%; the AI sector fell 0.41%, with Billions Network (BILL) surging 19.21% intraday; the Meme sector declined 0.42%, but BUILDon (B) jumped significantly by 54.09%; the DeFi sector dropped 1.68%, while Curve DAO (CRV) bucked the trend and rose 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.