Layer 2, DePIN Tokens Lead Crypto Sector Gains Over 24 Hours

Layer 2 and DePIN tokens led mixed crypto-sector performance over 24 hours, with Bitcoin and Ether posting smaller gains while meme and CeFi assets moved lower.

The Layer 2 sector rose 6.62%. Starknet (STRK) jumped 111.53%, while Optimism (OP), Celestia (TIA) and zkSync (ZK) gained 15.45%, 20.38% and 34.23%, respectively.

DePIN assets advanced 6.24%, led by Grass (GRASS), up 49.41%, and Filecoin (FIL), which rose 13.91%.

Bitcoin (BTC) gained 1.43% and traded above $83,000. Ether (ETH) rose 0.14% and moved above $2,500.

Other advancing sectors included real-world assets, up 4.74%; decentralized finance, up 2.29%; PayFi, up 0.86%; and Layer 1 tokens, up 0.61%. Plume (PLUME) rose 22.68%, Wormhole (W) gained 37.16%, Zcash (ZEC) increased 6.47% and NEAR Protocol (NEAR) rose 15.52%.

The NFT sector declined slightly. The meme sector fell 0.58%, with MemeCore (M) down 12.49%, while CeFi slipped 0.72% as Cronos (CRO) declined 1.43%.

The ssiDePIN, ssiRWA and ssiDeFi indexes, which reflected historical sector performance, rose 6.37%, 4.74% and 1.94%, respectively.