AI sector leads crypto market rebound with 1.31% gain; Layer1 rises 1.21%

AI sector leads crypto market rebound with 1.31% gain; Layer1 rises 1.21%

SoSoValue data showed a broad recovery across major crypto segments, with AI outperforming and NFTs posting the sharpest decline in the latest 24-hour trading period.

AVAX
WLD

Fact Check
Two independent crypto news outlets (PANews and Odaily) report identical sector figures dated August 4, 2026, both explicitly citing SoSoValue: AI sector leading at +1.31%, Layer1 at +1.21%, and NFT as the sharpest decliner at -9.26%. The exact numerical agreement across both sources and their common attribution to SoSoValue strongly corroborates the claim's key facts. The only limitation is that SoSoValue's own index page is JavaScript-rendered and did not return directly extractable data for independent verification of the underlying source.
    Reference12
Summary

Crypto market sectors broadly rebounded over the past 24 hours, with the AI segment leading gains after rising 1.31%, according to SoSoValue data on August 4. Within the sector, Akash Network climbed 13.65%, Unibase rose 9.25%, Venice Token gained 4.56% and Worldcoin added 5.51%. Layer1 advanced 1.21%, led by Avalanche's 5.88% rise, while CeFi gained 1.00%, Meme rose 0.91%, DeFi added 0.79%, Layer2 climbed 0.54% and PayFi edged up 0.01%. The NFT segment diverged from the broader recovery, falling 9.26%, with Audiera down 20.42%. Indexes tracking historical sector performance also pointed to strength in selected themes, with ssiAI, ssiDePIN and ssiMeme rising 2.58%, 2.02% and 1.32%, respectively.

Terms & Concepts
  • Layer1: A base blockchain network that processes and settles transactions on its own chain.
  • Layer2: A scaling network built on top of a base blockchain to increase throughput and reduce transaction costs.
  • DeFi: Short for decentralized finance, referring to blockchain-based financial services that operate without traditional intermediaries.