Layer2 leads crypto sectors with 0.50% gain as broader market eases

The crypto market posted a mild pullback on Aug. 7, with Layer2 the only sector to remain relatively firm, rising 0.50% on SoSoValue data. Within that group, zkSync (ZK) gained 1.92%, Starknet (STRK) rose 1.54%, and Mantle (MNT) added 1.18%. Elsewhere, CeFi (centralized finance services) slipped 0.20% even as Gate (GT) climbed 1.21%; DeFi (decentralized finance) fell 0.57%, though Lighter (LIT) jumped 10.47% intraday; and Layer1 declined 0.88% while Cardano (ADA) advanced 4.87% against the trend. PayFi dropped 1.55% with Trust Wallet (TWT) up 1.39%, while the Meme sector fell 2.73% despite Binance Mascot posting a 10.64% surge. Sector indexes tracking historical market performance were mixed, with ssiLayer2 up 0.13% and ssiRWA and ssiSocialFi down 3.16% and 1.96%, respectively.

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