The crypto market experienced mixed movements with the CeFi sector gaining 2.42% over the past 24 hours, driven by Cronos (CRO) surging 84.24% to a three-year high. This surge follows the announcement of a partnership between Trump Media Technology Group and Crypto.com to establish a CRO reserve company. Meanwhile, Bitcoin (BTC) increased by 0.54%, trading around $111,000, while Ethereum (ETH) fell 0.47%, briefly dipping below $4,500.
Other sectors showed varied performance: the Layer1 sector rose 1.41%, with Avalanche (AVAX) and Solana (SOL) up 1.86% and 3.88% respectively. The Meme sector increased by 0.96%, led by Pump.fun (PUMP) rising 4.30%. The DeFi sector saw a 0.74% increase, with Jupiter (JUP) and Raydium (RAY) gaining 6.32% and 14.34% respectively. The Layer2 sector edged up 0.26%, with Mantle (MNT) up 1.43%. Conversely, the PayFi sector declined 0.16%, with Stellar (XLM) and Ultima (ULTIMA) down 2.34% and 6.70% respectively.
CeFi Sector Rises 2.42% as Cronos Hits Three-Year High
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