CoinVoice has recently learned that, according to SoSoValue data, all sectors of the cryptocurrency market have significantly risen, with increases generally reaching about 2% to 9%. It has also been recently reported that Trump signed an executive order allowing 401(k) retirement plans to invest in cryptocurrencies, which could channel approximately $9 trillion in retirement funds into the cryptocurrency market as a long-term stable source of capital. Additionally, the rising expectations for a ceasefire in the Russia-Ukraine conflict have boosted market sentiment. The Layer 2 sector has risen 9.53% in the last 24 hours, with Mantle (MNT) rising 25.77% and Zora (ZORA) rising 34.35%.
At the same time, Ethereum (ETH) has risen 5.67%, briefly surpassing $3900, while Bitcoin (BTC) has risen 1.79%, currently priced at $116,000. Notably, MAG7.ssi has risen 5.00%, MEME.ssi has risen 6.82%, and DEFI.ssi has risen 7.81%.
Notable sectors include: the PayFi sector rising 9.09%, with XRP, which has officially ended its 4-year legal dispute with the SEC, rising 11.21%, and Stellar (XLM) climbing significantly by 14.41%; the NFT sector rising 7.75%, with Pudgy Penguins (PENGU) rising 6.68%; and the RWA sector rising 7.41%, with Pendle (PENDLE) and Keeta (KTA) rising 26.69% and 28.56% respectively.
In other sectors, the DeFi sector has risen 6.02%, Chainlink (LINK) has risen 10.32%; the Meme sector has risen 5.96%, with BUILDon (B) rising 16.72%; the Layer 1 sector has risen 3.32%, with Hedera (HBAR) rising 8.07%; and the CeFi sector has risen 2.51%, with Hyperliquid (HYPE) rising 6.72%.
The cryptocurrency sector index reflecting the historical market trends of the sector shows that the ssiLayer2, ssiPayFi, and ssiRWA indices have risen by 9.62%, 9.28%, and 7.45% respectively. [Original link]
