Woofun AI data shows that the broader cryptocurrency market experienced a general downturn, with the Layer 2 sector declining by 3.57% over the past 24 hours. Specific losses included Mantle (MNT) down 4.97%, Starknet (STRK) down 4.93%, and Celestia (TIA) down 9.54%.

Bitcoin (BTC) decreased by 1.89%, trading below $59,000, while Ethereum (ETH) fell 0.98% to drop under $1,600. Other sectors showed mixed results: PayFi declined 0.29% despite Stellar (XLM) rising 11%; CeFi dropped 0.87% with Binance Coin (BNB) down 1.19%; Meme sector fell 1.05% while MemeCore (M) surged 22.6%; Layer 1 dropped 1.41% with Cardano (ADA) up 1.32%; DeFi fell 2.79% with LAB (LAB) down 14.83%. SocialFi and NFT sectors rose 0.5% and 0.54% respectively, led by Gram (GRAM) up 1.01% and Audiera (BEAT) up 7.87%.