RWA sector leads the rally, multi-chain ecosystem rotation market overview

robot
Abstract generation in progress

【Crypto News】The cryptocurrency market continues to rebound today with continued volatility. Notably, the RWA sector has shown a remarkable surge. Over the past 24 hours, the RWA sector has collectively risen by 2.38%, with Pendle leading the way with a 5.52% increase, Ondo Finance up 2.74%, and Sky also gaining 1.90%. In comparison, Bitcoin and Ethereum are currently in a narrow consolidation phase—BTC stable around $92,000, and ETH at the $3,200 level.

Sector rotation features are quite evident. The AI sector rose by 2.06% over the past 24 hours, with Kite performing the strongest, jumping 7.79%; Meme sector followed with a 1.80% increase, MemeCore up 3.61%; PayFi sector modestly increased by 1.30%, with Safe up 4.27%. In the Layer1 ecosystem, Cosmos Hub stood out with a 4.10% rise, driving the entire sector up by 0.97%.

It is worth noting the divergence between DeFi and Layer2. Although the overall DeFi sector only increased by 0.75%, River soared by 15.72%, indicating an independent trend; Layer2 sector’s gains were smaller at only 0.47%, but SOON still surged by 10.83%. On the other hand, CeFi sector steadily increased by 0.83%, with BNB slightly up by 1.69%. The relatively weaker sectors are NFT and SocialFi, which declined by 0.22% and 1.61%, respectively.

Looking at sector indices, the ssiMeme, ssiRWA, and ssiAI indices rose by 1.36%, 1.36%, and 1.05%, respectively, confirming that current market hot money is searching for new growth points.

RWA-1,44%
PENDLE1,99%
ONDO0,53%
SKY-3,33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LiquidityNinjavip
· 11h ago
RWA this wave of market really is amazing, Pendle directly 5.52%, feels like everything is just rotating now... Bitcoin and Ethereum are still sleeping.
View OriginalReply0
DuckFluffvip
· 11h ago
RWA is really taking off this time, Pendle directly surged over 5%, quite interesting... However, BTC is still at 92,000 with no movement, feels like only small coins are partying.
View OriginalReply0
CryptoNomicsvip
· 12h ago
*sigh* rwa pumping while btc/eth just sideways... okay but did anyone actually run the correlation matrix here or we just following the narrative? 📊
Reply0
BearHuggervip
· 12h ago
RWA has really taken off, and Pendle's recent surge is quite good. But it still feels like a short-term rebound; I haven't seen any substantial positive news...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)