Data: The cryptocurrency market segments show a widespread upward trend, with the PayFi segment leading with a 24H increase of 21% due to favorable policy news.

According to SoSoValue data, the cryptocurrency market segments continue to show a widespread upward trend, with the PayFi segment leading the way, experiencing a 24H increase of 21%; notable performers include Ripple (XRP) with an increase of 25.75% and Stellar (XLM) with an increase of 19.59%. Additionally, the current price of the ssiPayFi index, which represents the historical performance of the PayFi segment, is $21.2, with a weekly increase of 44.44% and a monthly increase of 123.47%, all ranking first in the increase list of other segment indices. SoSoValue analysts indicate that, influenced by the news that SEC Chairman Gary Gensler is expected to step down on January 20, 2025, the PayFi segment is expected to strengthen and maintain an upward trend in the long term; moreover, it is also worth noting that the Layer 2 segment increased by 11.68%, the DeFi segment increased by 7.29%, and the Layer 1 segment increased by 7.2%.