According to SoSoValue data from Odaily, all sectors of the crypto market saw significant gains, ranging from 2% to 9%. On the news front, Trump signed an executive order allowing 401(k) retirement plans to invest in cryptocurrencies. This suggests that approximately $9 trillion in retirement funds could become a long-term, stable source of funding for the crypto market. Furthermore, growing expectations of a ceasefire between Russia and Ukraine boosted market sentiment. The Layer 2 sector saw a 24-hour gain of 9.53%, with Mantle (MNT) rising 25.77% and Zora (ZORA) surging 34.35%.

Meanwhile, Ethereum (ETH) rose 5.67%, briefly surpassing $3,900, while Bitcoin (BTC) rose 1.79% to $116,000. Notably, MAG 7.ssi rose 5.00%, MEME.ssi rose 6.82%, and DEFI.ssi rose 7.81%.

Other sectors with outstanding performance include: PayFi sector rose 9.09%, among which XRP, which officially ended its 4-year legal dispute with the SEC, rose 11.21%, and Stellar (XLM) climbed sharply by 14.41%; NFT sector rose 7.75%, and within the sector, Pudgy Penguins (PENGU) rose 6.68%; RWA sector rose 7.41%, Pendle (PENDLE) and Keeta (KTA) rose 26.69% and 28.56% respectively.

In other sectors, the DeFi sector rose 6.02%, Chainlink (LINK) rose 10.32%; the Meme sector rose 5.96%, BUILDon (B) rose 16.72%; the Layer 1 sector rose 3.32%, Hedera (HBAR) rose 8.07%; the CeFi sector rose 2.51%, and Hyperliquid (HYPE) rose 6.72%.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiLayer 2, ssiPayFi, and ssiRWA indices rose by 9.62%, 9.28%, and 7.45%, respectively.