The cryptocurrency market posted broad gains over the past 24 hours, with the PayFi sector emerging as the strongest performer, while NFT-related tokens continued their downward trend for a second consecutive day.
According to data from SoSoValue cited by PANews on June 16, the PayFi sector climbed 4.03%, driven by strong performances from major assets. Stellar (XLM) surged 13.54%, while Bitcoin Cash (BCH) gained 6.45%.
The broader market also strengthened, with Bitcoin (BTC) rising 1.16% to move above the $66,000 mark. Ethereum (ETH) outperformed, advancing 4.48% and reclaiming the $1,700 level.
Elsewhere, the decentralized finance (DeFi) sector recorded a 2.48% increase, led by Uniswap (UNI), which jumped 10.72%. Layer 1 blockchain assets rose 1.26%, with Zcash (ZEC) gaining 8.46%, while the Layer 2 segment added 0.80%, supported by a 6.91% rise in Celestia (TIA). The centralized finance (CeFi) sector edged higher by 0.45%, with MX (MX) advancing 3.12%.
Not all segments shared in the market’s gains. The Meme token sector slipped 0.44%, although SPX6900 (SPX) bucked the trend with a 7.57% increase. The AI-focused token category declined 0.52%, but Worldcoin (WLD) remained resilient, posting a 6.13% gain.
The NFT sector faced the sharpest losses, falling 13.12% over the period. Among the weakest performers was Audiera (BEAT), which plunged 24.25%, highlighting continued selling pressure across NFT-related assets.
