Crypto sectors posted mixed moves on July 16, with the broader market showing a narrow trading range, according to SoSoValue. The RWA segment led the market with a 24-hour gain of 6.40%, helped by a 15.92% rise in Ondo Finance (ONDO) and a 2.87% increase in Centrifuge (CFG).
Among major tokens, Bitcoin (BTC) rose 0.19% and briefly moved above $65,000 during the session, while Ethereum (ETH) gained 2.92% and climbed past $1,900. Other advancing sectors included DeFi, up 0.96% with ZeroLend (ZERO) surging 28.87%, and PayFi, up 0.32% as eCash (XEC) added 13.68%.
On the weaker side, SocialFi recorded the largest decline, down 2.43%, with Gram (GRAM) slipping 2.36%. Meme fell 0.07% even as Pump.fun (PUMP) rose 1.53%, CeFi lost 0.13% while Mantle (MNT) gained 1.69%, Layer1 dipped 0.23% with Injective (INJ) up 3.24% intraday, and Layer2 dropped 0.34% as MegaETH (MEGA) advanced 2.39%. Sector indexes tracking historical performance showed ssiRWA, ssiDeFi, and ssiLayer1 up 7.43%, 2.17%, and 1.24%, respectively.
Crypto market sectors traded in a narrow range on July 16, with gains and losses split across the board, according to SoSoValue data.
The RWA sector stood out with a 24-hour gain of 6.40%. Within the group, Ondo Finance (ONDO) rose 15.92% and Centrifuge (CFG) added 2.87%.
Among the largest cryptocurrencies, Bitcoin (BTC) was up 0.19% and briefly moved above $65,000 during the session. Ethereum (ETH) gained 2.92% and climbed past $1,900.
Advancing sectors
Outside RWA, the DeFi sector rose 0.96% over 24 hours, with ZeroLend (ZERO) jumping 28.87%. The PayFi sector added 0.32%, while eCash (XEC) gained 13.68%.
Sectors in decline
Elsewhere, the Meme sector fell 0.07%, although Pump.fun (PUMP) still rose 1.53%. CeFi slipped 0.13%, with Mantle (MNT) up 1.69%. Layer1 declined 0.23%, while Injective (INJ) posted an intraday gain of 3.24%. Layer2 fell 0.34%, though MegaETH (MEGA) advanced 2.39%. SocialFi recorded the largest drop among the sectors mentioned, falling 2.43%, while Gram (GRAM) lost 2.36%.
Sector index readings
Crypto sector indexes tracking historical performance showed ssiRWA, ssiDeFi, and ssiLayer1 up 7.43%, 2.17%, and 1.24%, respectively.
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