The cryptocurrency market faced a downturn today, with the Layer2 sector experiencing a significant drop of 7.72%, as reported by SoSoValue. Starknet (STRK) and zkSync (ZK) were among the hardest hit, falling 13.13% and 10.99% respectively. Bitcoin (BTC) also declined by 3.91%, slipping below $88,000, while Ethereum (ETH) decreased by 5.17% to under $2,900. Despite the overall market decline, some tokens managed to rise. HSK increased by 1.35%, MemeCore (M) surged 7.15%, and SoSoValue (SOSO) climbed 8.43%, bucking the broader negative trend.