Data: Most of the encryption sector rose, the Layer 2 sector increased by over 3%, while BTC and ETH slightly declined

ChainCatcher news, according to SoSoValue data, the U.S. Q2 GDP revision exceeded expectations, and Federal Reserve Governor Waller supports a 25 bp rate cut in September. Positive macroeconomic news is frequent, and most of the crypto sector is rising, with the Layer 2 sector up 3.03% in 24 hours. Within the sector, Mantle (MNT) and ex-MATIC (POL) rose by 5.2% and 7.21%, respectively.

It is worth noting that Bitcoin (BTC) and Ethereum (ETH) fell by 0.18% and 1.45% in 24 hours, respectively. BTC is still fluctuating around $111,000, while ETH has fallen below $4,500. In other sectors, the DeFi sector rose by 1.58% in 24 hours, with Chainlink (LINK) up 2.69% and Pyth Network (PYTH) soaring by 99.74%. On the news front, the U.S. government announced a partnership with Chainlink and Pyth to publish key economic data, including GDP and PCE, on the blockchain. The Layer 1 sector rose by 1.37%, with Solana (SOL) up 4.85%. The CeFi sector increased by 0.49%, with Binance Coin (BNB) rising by 2.24%, but Cronos (CRO), which had previously seen significant gains, experienced a pullback, dropping by 12.75%. The Meme sector rose by 0.27%, with Pump.fun (PUMP) and BUILDon (B) increasing by 12.88% and 20.01%, respectively.

The PayFi sector has seen a pullback for two consecutive days, falling by 1.35% in 24 hours. Within the sector, XRP, Monero (XMR), and Telcoin (TEL) fell by 1.1%, 3.46%, and 5.23%, respectively. The crypto sector indices reflecting historical performance show that the ssiLayer 2, ssiDePIN, and ssiSocialFi indices rose by 3.1%, 0.96%, and 0.93%, respectively.