Crypto market rises overall, SocialFi sector leads with over 3% growth, while Layer 2 sectors face slight decline

On December 29th, data from SoSoValue indicated the crypto market’s rise, particularly in the SocialFi sector, which increased by 3.48%. Solana and Zcash also contributed positively to the Layer 1 sector’s growth.

Notably, Toncoin rose by 4.18% and Uniswap increased by 3.90% in the DeFi space. However, Layer 2 sectors experienced a slight decline of 0.24%, despite Zora surging by 9.15%.