Data: Broad Rally in Crypto Market, Layer2 Sector Leads with Over 6% Gain, ETH Surges Past $3,700

According to ChainCatcher, citing SoSoValue data, the crypto market continues its upward rebound, with the Layer2 sector leading the gains over the past 24 hours, up 6.15%. Within the sector, Mantle (MNT) surged by 16.32%, while Optimism (OP) and Zora (ZORA) rose by 5.57% and 10.15% respectively. In addition, Ethereum (ETH) climbed 4.48%, briefly breaking above $3,700. Bitcoin (BTC) edged up 0.29%, trading in a narrow range around $114,000.

Meanwhile, MAG7.ssi increased by 1.93%, MEME.ssi rose by 2.78%, and DEFI.ssi gained 3.89%.

In other sectors, the Meme sector rose 3.33% in the past 24 hours, with MemeCore (M) up 27.57%. The DeFi sector gained 2.82%, with Uniswap (UNI) up 6.93%. The PayFi sector increased by 2.71%, with Litecoin (LTC) up 8.87%. The Layer1 sector rose 2.42%, with Avalanche (AVAX) up 4.20%. The CeFi sector gained 1.78%, with Cronos (CRO) up 7.14%.

In addition, the NFT sector fell 0.10%, with Pudgy Penguins (PENGU) down 1.72%. The SocialFi sector dropped 4.32%, with Toncoin (TON) down 5.50%.

Indices reflecting historical sector performance show that the ssiLayer2, ssiLayer1, and ssiDePIN indices rose by 6.70%, 3.57%, and 3.18% respectively.