Svmuu News, May 28. According to SoSoValue data, the crypto market experienced a broad decline after several consecutive days of consolidation. The RWA sector led the drop over 24 hours, falling by 6.57%. Within the sector, Keeta (KTA) and Pendle (PENDLE) fell by 11.88% and 13.36%, respectively. Meanwhile, Bitcoin (BTC) dropped 2.13%, falling below $75,000; Ethereum (ETH) fell 2.61%, dropping to around $2,000.
In other sectors, the PayFi sector fell 0.86% over 24 hours, during which Stellar (XLM) bucked the trend and rose 17.04%. The CeFi sector dropped 1.54%, with NEXO (NEXO) remaining relatively resilient, rising 0.73%. The Meme sector fell 1.87%, with SPX6900 (SPX) dropping 5.87%. The Layer 1 sector fell 2.27%, with Zcash (ZEC) dropping 6.47%. The Layer 2 sector fell 2.98%, with Celestia (TIA) dropping 6.04%. The DeFi sector fell 3.29%, with Ondo Finance (ONDO) dropping 7.45%.
The crypto sector indices, which reflect historical sector performance, show that the ssiAI, ssiRWA, and ssiDePIN indices fell by 13.88%, 12.05%, and 9.77%, respectively.