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Crypto Market Sees Broad Decline, RWA Sector Drops Nearly 7%, BTC Briefly Falls Below $82,000
Odaily News: On October 13, according to SoSoValue data, the crypto market experienced a broad decline, with 24-hour losses generally ranging from about 2% to 7%. The RWA sector showed weakness, dropping 6.94%. Within the sector, Centrifuge (CFG) fell 11.47%, and Ondo Finance (ONDO) declined 9.60%. The AI sector dropped 6.25%, with Unibase (UB) falling 13.58% and Fetch.ai (FET) declining 10.55%, though Render (RENDER) bucked the trend with a 5.83% gain.In addition, Bitcoin (BTC) fell 1.40%, briefly dropping to near $81,000 before recovering above $82,000; Ethereum (ETH) declined 2.91%, falling below $2,500.In other sectors, the CeFi sector dropped 2.13% over 24 hours, with Aster (ASTER) falling 3.57%; the Layer1 sector declined 4.21%, with NEAR Protocol (NEAR) dropping 10.99%; the PayFi sector fell 4.40%, though Safe (SAFE) remained relatively resilient with a 16.60% gain; the Layer2 sector dropped 5.53%, with Starknet (STRK) plunging 27.26%; the DeFi sector declined 5.90%, with Ethena (ENA) falling 12.25%; the Meme sector dropped 6.04%, with Pons (PONS) declining 18.75%.Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiLayer2, and ssiDeFi indices fell 7.59%, 6.70%, and 6.63% respectively.
Crypto Market Sees Mixed Performance as Layer2 and DePIN Sectors Both Surge Over 6%, While NFT Sector Edges Lower
Odaily News — On October 12, according to SoSoValue data, crypto market sectors showed mixed performance. The Layer2 sector rose 6.62% over 24 hours, with Starknet (STRK) surging 111.53%, while Optimism (OP), Celestia (TIA), and zkSync (ZK) gained 15.45%, 20.38%, and 34.23% respectively. Meanwhile, the DePIN sector rose 6.24%, with Grass (GRASS) up 49.41% and Filecoin (FIL) up 13.91%.In addition, Bitcoin (BTC) rose 1.43%, breaking through $83,000; Ethereum (ETH) gained 0.14%, breaking through $2,500.Other standout sectors include: the RWA sector rose 4.74% over 24 hours, with Plume (PLUME) up 22.68%; the DeFi sector gained 2.29%, with Wormhole (W) up 37.16%; the PayFi sector rose 0.86%, with Zcash (ZEC) up 6.47%; the Layer1 sector gained 0.61%, with NEAR Protocol (NEAR) up 15.52%.Among other sectors, the Meme sector declined 0.58%, with MemeCore (M) down 12.49%; the CeFi sector fell 0.72%, with Cronos (CRO) down 1.43%.Crypto sector indices reflecting historical sector performance showed that the ssiDePIN, ssiRWA, and ssiDeFi indices rose 6.37%, 4.74%, and 1.94% respectively.
Starknet Considers Transitioning to an Independent L1, Aims to Become the First Fully Quantum-Resistant Network by 2027, STRK Up About 20% in 24 Hours
Odaily News: Starknet, the Ethereum scaling network built by StarkWare, has stated that it is actively considering transitioning into an independent Layer 1 (L1) network and has set 2027 as its target for becoming the first fully quantum-resistant network. STRK was trading at approximately $0.073 on Friday, up about 20% in 24 hours and more than double its price of around $0.03 in April.StarkWare CEO Eli Ben-Sasson said that after becoming an L1, Starknet would be able to control security upgrades on its own without waiting for Ethereum to advance related work. As a Layer 2 (L2) network, Starknet currently relies on Ethereum for security; after transitioning to an L1, it will validate and secure transactions itself.Eli Ben-Sasson pointed out that quantum computers may in the future break the elliptic curve cryptography used by Bitcoin and Ethereum, and that AI's development in mathematics also poses another risk. Ethereum's roadmap is expected to complete core quantum-resistant infrastructure around 2029, while Starknet plans to move that up to 2027; currently, no quantum computer is capable of breaking these systems. (Decrypt)
TruGolf Holdings Completes Acquisition of Polymath Research, Enters Institutional-Grade Asset Tokenization Business
Odaily News: Nasdaq-listed company TruGolf Holdings has announced the completion of its acquisition of Canadian asset tokenization firm Polymath Research Inc. Polymath Research Inc. focuses on institutional-grade asset tokenization and is responsible for developing Polymesh, a Layer 1 blockchain designed for regulated assets. Following the completion of the acquisition, Polymath Research Inc. will operate as a wholly-owned subsidiary of TruGolf Holdings. TruGolf Holdings will continue its existing businesses, including golf simulators and the E6 platform, forming two business lines: golf technology and blockchain infrastructure. As of December 31, 2025, Polymath Research Inc. had issued over $132 million in tokenized assets for more than 65 active issuers and had over 50 ecosystem partners. The two parties plan to launch equipment leasing tokenization and franchise fractional ownership projects in the first quarter of 2027. In addition, TruGolf Holdings received approximately $2.95 million in net proceeds from the exercise of Series B preferred stock warrants related to this transaction.
Crypto Market Declines Across the Board, AI Sector Drops 5.09%, BTC Falls Below $81,000 Intraday
Odaily News: On October 9, according to SoSoValue data, the crypto market declined across the board, with 24-hour drops generally ranging from about 2% to 6%. The AI sector fell 5.09%, with Bittensor (TAO), Virtuals Protocol (VIRTUAL), and Venice Token (VVV) dropping 7.27%, 8.34%, and 10.24% respectively, while SoSoValue (SOSO) bucked the trend with a 13.11% gain.Meanwhile, Bitcoin (BTC) fell 1.55%, dropping below $81,000 intraday; Ethereum (ETH) declined 3.88%, falling below $2,500.In other sectors, the Layer2 sector dropped 1.47% over 24 hours, but Starknet (STRK) rose 21.98%; the PayFi sector fell 3.90%, with Zcash (ZEC) declining 9.71%; the DeFi sector dropped 3.97%, with Uniswap (UNI) falling 7.94%; the CeFi sector declined 4.23%, with OKB dropping 5.93%; the Meme sector fell 4.58%, while 币安人生 (币安人生) remained relatively resilient, surging 7.15% intraday; the Layer1 sector dropped 4.96%, with NEAR Protocol (NEAR) falling 12.46%.Crypto sector indices reflecting historical sector performance show that the ssiAI, ssiMeme, and ssiNFT indices declined 7.15%, 5.41%, and 4.89% respectively.
Crypto Market Sees Broad Decline, RWA Sector Drops 6.73%, BTC Briefly Falls Below $83,000
Odaily News: On October 8, according to SoSoValue data, crypto market sectors declined broadly, with the RWA sector leading the drop, falling 6.73% over 24 hours. Among them, Sky (SKY) dropped 9.85%, and Ondo Finance (ONDO) fell 3.61%. Meanwhile, Bitcoin (BTC) declined 2.41%, briefly falling below $83,000 during intraday trading; Ethereum (ETH) dropped 3.86%, falling below $2,600.In other sectors, the CeFi sector declined 1.05% over 24 hours, with Cronos (CRO) falling 4.56%; the Layer1 sector dropped 1.70%, but NEAR Protocol (NEAR) rose 5.40%; the DeFi sector fell 3.09%, with Morpho Token (MORPHO) declining 4.46%; the Layer2 sector dropped 3.33%, with ImmutableX (IMX) falling 4.78%; the PayFi sector declined 3.58%, with Telcoin (TEL) falling 4.61%; the Meme sector dropped 3.61%, with Cash Cat (CASHCAT) falling 7.65%.Crypto sector indices reflecting historical sector performance show that the ssiRWA, ssiDePIN, and ssiSocialFi indices declined 6.42%, 5.84%, and 4.79%, respectively.
Positioning as an institutional-grade finance and asset tokenization Layer 1, Injective releases a new whitepaper
Odaily reports that Injective has released a new whitepaper, marking the first comprehensive rewrite since the initial version in December 2018. The new version positions Injective as a Layer 1 for institutional-grade finance and asset tokenization, covering the full lifecycle of tokenized assets from issuance and trading to settlement, and introduces native RWA tokenization mechanisms as well as iAssets derivatives. Tokenized assets can be traded on a fully on-chain central limit order book, with uniform price clearing through sealed-bid high-frequency batch auctions; BFT consensus provides deterministic finality, with block times of approximately 600 milliseconds. The new version also covers native EVM and WASM, perpetual contract risk management, and AI agent finance, with on-chain protocol revenue flowing toward regular INJ community buybacks.
Crypto Market Sees Mixed Performance, RWA Sector Rises 4.24%, BTC Falls Below $84,000
Odaily News - September 28 - According to SoSoValue data, crypto market sectors showed mixed performance, with the RWA sector standing out with a 4.24% gain over 24 hours. Among them, Ondo Finance (ONDO) rose 6.16%, and Sky (SKY) gained 4.25%. However, Bitcoin (BTC) declined 0.97%, falling below $84,000; Ethereum (ETH) dropped 1.59%, falling below $2,700.In other sectors, the Meme sector rose 0.21% over 24 hours, with Pump.fun (PUMP) up 16.14%; the CeFi sector gained 0.16%, with NEXO (NEXO) up 0.34%.Additionally, the Layer2 sector declined 0.23%, but SOON (SOON) surged 31.65%; the Layer1 sector fell 0.25%, with Zcash (ZEC) down 4.60%; the DeFi sector dropped 1.42%, while SoSoValue (SOSO) bucked the trend with a 9.67% gain; the PayFi sector declined 1.60%, with Telcoin (TEL) rallying 9.52% intraday.Crypto sector indices reflecting historical sector performance showed that the ssiRWA, ssiNFT, and ssiSocialFi indices rose 5.10%, 2.99%, and 1.27%, respectively.
Crypto Market Sees Broad Correction, Meme Sector Leads Decline Down Nearly 9%, BTC Briefly Drops Below $84,000
Odaily News — On September 24, according to SoSoValue data, amid a combination of factors including surging oil prices, blowout PMI readings, hawkish remarks from Federal Reserve officials, soaring U.S. Treasury yields, and the Fed's October rate hike probability rising to 70%, the crypto market experienced a broad correction across all sectors. The Meme sector led the decline with an 8.80% drop over 24 hours. Within the sector, SPX6900 (SPX) plunged 17.64%, Useless Coin (USELESS) fell 14.13%, and OFFICIAL TRUMP (TRUMP) and Pepe (PEPE) declined 10.96% and 11.50% respectively.Meanwhile, Bitcoin (BTC) dropped 2.46%, briefly falling below $84,000 intraday; Ethereum (ETH) fell 2.65%, breaking below $2,700.In other sectors, the CeFi sector declined 2.81% over 24 hours, with Binance Coin (BNB) falling 2.80%; the Layer1 sector dropped 3.47%, with Hedera (HBAR) down 10.66%; the DeFi sector fell 4.74%, with Uniswap (UNI) down 11.67%; the PayFi sector declined 5.42%, with Dash (DASH) down 9.53%; the Layer2 sector dropped 6.08%, with Arbitrum (ARB) down 10.91%; the AI sector fell 6.96%, though SoSoValue (SOSO) bucked the trend with a 7.02% gain.Crypto sector indices reflecting historical sector performance show that the ssiMeme, ssiAI, and ssiLayer2 indices declined 9.29%, 8.20%, and 7.07% respectively.
The crypto market rose for three consecutive days, with the NFT sector up 8.85%
Odaily reports: On September 23, according to SoSoValue data, the crypto market rose for three consecutive days, with the NFT sector standing out with a 24-hour gain of 8.85%. Among them, Pudgy Penguins (PENGU) rose 13.68%, and SuperVerse (SUPER) rose 10.14%. Bitcoin (BTC) rose 0.76%, and Ethereum (ETH) rose 0.21%, holding above $86,000 and $2,700 respectively.In other sectors, the PayFi sector rose 5.47% in 24 hours, with Zcash (ZEC) up 8.45%; the Layer2 sector rose 4.17%, with Celestia (TIA) up 15.23%; the DeFi sector rose 3.53%, with Uniswap (UNI) up 14.79%; the Meme sector rose 1.35%, with MarsCoin (MARSCOIN) up 32.27%; the Layer1 sector rose 1.12%, with Hedera (HBAR) up 8.78%; the CeFi sector rose 0.12%, with NEXO up 2.30%.In addition, the AI sector fell 0.44%, with Akedo (AKE), which had previously surged, dropping 18.20%.Crypto sector indices reflecting the historical performance of these sectors show that the ssiNFT, ssiPayFi, and ssiLayer2 indices rose 9.59%, 5.38%, and 4.22% respectively.
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