PANews reported on May 12th that, according to SoSoValue data, the crypto market saw a general pullback, with the Layer 2 sector falling 2.62% in the last 24 hours. Within the Layer 2 sector, Starknet (STRK) fell 5.54%, Optimism (OP) fell 4.25%, and Mantle (MNT) fell 3.15%. Only the CeFi sector remained relatively resilient, rising 0.42%, with Cronos (CRO) rising 4.46% and Binance Coin (BNB) rising 0.82%.

In other sectors, the Layer 1 sector fell 0.22% in the last 24 hours, but Canton Network (CC) rose 3.98%; the PayFi sector fell 0.28%, with Telcoin (TEL) rising 14.14%; the AI ​​sector fell 0.41%, with Billions Network (BILL) surging 19.21% intraday; the Meme sector fell 0.42%, but BUILDon (B) surged 54.09%; and the DeFi sector fell 1.68%, with Curve DAO (CRV) bucking the trend and rising 8.86%.