Data: Most crypto stocks retreated, with only DePIN, AI, and SocialFi sectors showing relative resilience.

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TL;DR

Most crypto sectors declined, but DePIN, AI, and SocialFi showed resilience with small gains. Bitcoin and Ethereum fell significantly, while some tokens like Toncoin and Arweave rose.

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ArweaveDePINVirtuals ProtocolGenerative AILayer 1Worldcoincrypto stocksAISocialFiBitcoin
According to data from SoSoValue, most sectors in the crypto market experienced a pullback, with only DePIN, AI, and SocialFi sectors showing relative resilience, rising 0.01%, 0.06%, and 2.14% respectively in the past 24 hours. Within the DePIN sector, Arweave (AR) rose 2.40%; within the AI sector, Virtuals Protocol (VIRTUAL) rose 1.33%, and Worldcoin (WLD) rose 2.03%; in the SocialFi sector, Toncoin (TON) rose 2.80%. Meanwhile, Bitcoin (BTC) fell 3.10%, briefly dipping below $73,000 before recovering to above $76,000; Ethereum (ETH) fell 3.72%, briefly touching $2,100 before approaching $2,300. In other sectors, Layer 1 fell 2.12% in the last 24 hours, with Solana (SOL) down 5.00% but Cosmos Hub (ATOM) up 5.49%; Meme fell 0.38%, with Binance Life surging 13.58%; PayFi fell 0.96%, but Trust Wallet (TWT) rose 4.20%; Layer 2 fell 1.56%, with Polygon (POL) down 3.74%; CeFi fell 1.70%, with OKB down 2.11%; DeFi fell 1.93%, with Morpho Token (MORPHO) bucking the trend and rising 5.01%. Crypto sector indices reflecting historical sector performance show that ssiSocialFi, ssiDePIN, and ssiAI indices rose 2.56%, 0.68%, and 0.42%, respectively.

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