Data: Cryptocurrency market surges significantly, Layer 2 sector leads with over 9%, ETH peaks above $3900

According to Mars Finance news and SoSoValue data, various sectors of the cryptocurrency market have seen significant increases, generally ranging from 2% to 9%. In terms of news, Trump has signed an executive order allowing 401(k) retirement plans to invest in cryptocurrencies, potentially making around $9 trillion in retirement funds a long-term stable source of capital for the crypto market. Additionally, rising expectations for a ceasefire between Russia and Ukraine have boosted market sentiment. The Layer 2 sector has risen 9.53% in 24 hours, with Mantle (MNT) increasing by 25.77% and Zora (ZORA) by 34.35%. Meanwhile, Ethereum (ETH) rose by 5.67%, briefly surpassing $3900, and Bitcoin (BTC) increased by 1.79%, currently reported at $116,000. Notably, MAG7.ssi rose by 5.00%, MEME.ssi by 6.82%, and DEFI.ssi by 7.81%. Other standout sectors include: the PayFi sector, which rose by 9.09%, with XRP, which officially ended a 4-year legal dispute with the SEC, rising by 11.21%, and Stellar (XLM) surged by 14.41%; the NFT sector rose by 7.75%, with Pudgy Penguins (PENGU) increasing by 6.68%; the RWA sector rose by 7.41%, with Pendle (PENDLE) and Keeta (KTA) increasing by 26.69% and 28.56%, respectively. In other sectors, the DeFi sector rose by 6.02%, with Chainlink (LINK) increasing by 10.32%; the Meme sector rose by 5.96%, with BUILDon (B) rising by 16.72%; the Layer 1 sector rose by 3.32%, with Hedera (HBAR) increasing by 8.07%; the CeFi sector increased by 2.51%, with Hyperliquid (HYPE) rising by 6.72%. The cryptocurrency sector indices reflecting historical market trends show that the ssiLayer2, ssiPayFi, and ssiRWA indices rose by 9.62%, 9.28%, and 7.45%, respectively.