mag7.ssi

ChainCatcher news, according to SoSoValue data, three cryptocurrency bills have been passed by the House of Representatives, leading to an overall increase in the crypto market, with gains generally around 2% to 6%. Among them, the PayFi sector surged by 17.06% in 24 hours, driven by the positive news of the "Genius Bill" passing and the expectation that it will be signed by Trump on Friday. Within the sector, Stellar (XLM) and XRP rose by 11.42% and 18.15%, respectively. Additionally, ETH increased by 5.85%, breaking the $3500 mark.It is noteworthy that XRP and ETH's strong upward movement, as core components of MAG7.ssi, has propelled MAG7.ssi to continue rising, reaching a 24-hour increase of 6.37%, approaching the 0.98 USDT mark. Furthermore, DEFI.ssi rose by 6.49%, and MEME.ssi increased by 2.56%.In other sectors, the Layer2 sector rose by 5.73%, with Mantle (MNT) increasing by 11.86%; the DeFi sector rose by 4.56%, with Uniswap (UNI), Ondo Finance (ONDO), and Chainlink (LINK) increasing by 13.01%, 13.31%, and 13.69%, respectively; the Layer1 sector rose by 4.31%, with Cardano (ADA) and Hedera (HBAR) increasing by 14.24% and 24.44%, respectively; the Meme sector rose by 2.95%, with Fartcoin (FARTCOIN) and Dogecoin (DOGE) increasing by 9.53% and 9.86%, respectively; the CeFi sector rose by 1.70%.The cryptocurrency sector indices reflecting historical market trends show that the ssiPayFi, ssiDeFi, and ssiRWA indices increased by 17.92%, 8.44%, and 6.91% in 24 hours, respectively.

According to ChainCatcher news, based on the latest market data, Bitcoin is in a sideways state, and the spot index token MAG7.ssi launched by SoSoValue Indexes has broken through $0.94, with a daily increase of 5.73%. Coupled with the additional SOSO airdrop incentives for staking MAG7.ssi, stakers have an overall annualized return exceeding 70%.MAG7.ssi is a passive index token issued by the SoSoValue Indexes protocol on the Base chain. This token is a synthetic of the spot prices of the top seven mainstream cryptocurrencies by market capitalization, including Bitcoin, Ethereum, and Solana, and is built on native chains and institutional-grade underlying asset custody. With a monthly automatic rebalancing mechanism, MAG7.ssi provides investors with a diversified asset allocation solution, effectively diversifying investment risks while closely tracking the crypto market to capture excess returns.Currently, on-chain data shows that the total locked value (TVL) of the SoSoValue Indexes protocol has reached a scale of $200 million, with over 400,000 on-chain holders of the index token.

ChainCatcher message, according to the latest market data, as Bitcoin (BTC) hits a historic high of over $123,000, the index token MAG7.ssi, issued earlier this year, has returned to a price of 0.9 USDT. Meanwhile, its annualized return on investment (ROI) has outperformed BTC, with stakers earning over 60% annually.MAG7.ssi is a passive index token issued by the SoSoValue index token issuance protocol on the Base chain, designed to capture leading opportunities in the crypto market. This token covers a synthetic of seven major cryptocurrencies, including Bitcoin, Ethereum, and Solana, built on native chains and institutional-grade underlying asset custody, providing investors with a diversified asset allocation solution to effectively mitigate investment risks.Through a monthly rebalancing mechanism, MAG7.ssi can always maintain an optimal portfolio state, ensuring the scientific nature of asset allocation and potential returns. In addition, MAG7.ssi also features unlimited liquidity, making it suitable for investors seeking long-term growth and wishing to enjoy the dividends of the crypto market's development.

ChainCatcher news indicates that, according to SoSoValue data, after three days of decline, the cryptocurrency sector has entered a recovery phase, with the PayFi sector leading the way with a rise of 7.15%. Within the sector, XRP, Stellar (XLM), and Ultima (ULTIMA) have increased by 7.87%, 6.63%, and 13.60% respectively over the past 24 hours. Additionally, Bitcoin (BTC) has risen by 4.36%, returning above $80,000, while Ethereum (ETH) has increased by 2.01%.It is noteworthy that MAG7.ssi has risen by 6.87%, DEFI.ssi by 6.89%, and MEME.ssi by 9.58%. In other sectors:The AI sector has risen by 7.14% in the last 24 hours, with Bittensor (TAO) increasing by 12.99% and Render (RENDER) by 8.12%.The Meme sector has risen by 6.46%, with Dogecoin (DOGE) and Pepe (PEPE) increasing by 6.30% and 11.95% respectively.The Layer2 sector has risen by 6.41%, with Celestia (TIA) increasing by 16.59%.The Layer1 sector has risen by 3.54%, the DeFi sector by 3.42%, and the CeFi sector by 3.01%.Furthermore, the cryptocurrency sector index reflecting historical performance shows that the highest increases over the past 24 hours were in the ssiAI, ssiPayFi, and ssiMeme indices, which rose by 8.37%, 7.53%, and 5.80% respectively.

ChainCatcher news, after U.S. President Trump announced the advancement of a cryptocurrency strategic reserve including BTC, ETH, XRP, SOL, and ADA, the SoSoValue index token MAG7.ssi has surged over 18% in the past two hours.It is reported that MAG7.ssi is an index token issued on the Base chain, covering the top seven cryptocurrencies by market capitalization, including the five tokens mentioned by Trump. Following this news, XRP within the index briefly rose by 32%, and ADA soared by 67%, driving the overall increase of the MAG7.ssi index fund token.As of now, the TVL (Total Value Locked) of the SoSoValue index token MAG7.ssi has reached $153 million, with a total of 162,522 holders. Additionally, the SoSoValue platform token SOSO has increased by over 15% within an hour.

ChainCatcher news, SoSoValue announced that the strategic airdrop of $4.7 million to the 47T Foundation has officially launched. The first batch of $1 million worth of MAG7.ssi index tokens will be available for eligible users to claim tonight at 8 PM. The airdrop is targeted at holders of ETH, AAVE, LINK, ENA, and ONDO. Eligible participants need to visit the SSI official website to connect their Base chain wallet and claim their tokens. The claiming window will be open for 47 days from the date of announcement, ending on March 17, 2025.The MAG7.ssi index tokens received from the airdrop can be staked for mining on the SSI official website to earn SoSoValue's native token $SOSO, with the current APY reaching approximately 500%.Currently, the SoSoValue Indexes Protocol index token staking has been live for only 3 days, and the total TVL has surpassed $85 million. Meanwhile, on the Base chain, the MAG7.ssi/USDC trading pair has secured two spots in the top ten liquidity pools on Uniswap.It is reported that MAG7.ssi is an index fund token representing leading opportunities in the crypto market, issued by the SoSoValue index fund token issuance protocol on the Base chain. It covers seven major cryptocurrencies, including Bitcoin, Ethereum, and Solana, synthesized in spot on their native chains. Historical data shows its significant yield potential, with returns and drawdown rates outperforming Bitcoin over the past three years.

ChainCatcher news, the AI-driven asset management and investment research platform SoSoValue launched its exclusive "Index Token Staking Mining" event on its official website at 8 PM Beijing time on January 25.According to on-chain information, the staking amount of SoSoValue SSI Protocol index tokens exceeded 10 million USD within the first hour of staking, with the MAG7.ssi index token accounting for the highest staking amount of over 7.72 million USD.