CoinVoice has learned that according to SoSoValue data, the cryptocurrency market sector continues to show a general upward trend, with the PayFi sector leading, with 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 sector, is $21.2, with a weekly increase of 44.44% and a monthly increase of 123.47%, all ranking first among the increases of other sector indices.
SoSoValue analysts indicate that due to the latest news that SEC Gary Gensler is expected to resign on January 20, 2025, it is anticipated that PayFi will strengthen and maintain an upward trend in the long term.
In addition, it is also worth noting that the Layer 2 sector has increased by 11.68%, the Defi sector has increased by 7.29%, and the Layer 1 sector has increased by 7.2%. [Original link]
