The crypto market saw mixed results, with the SocialFi sector rising over 22%.

CoinFeed reported on May 7th that, according to SoSoValue data, the cryptocurrency market saw mixed performance across sectors. The SocialFi sector performed exceptionally well recently, rising 22.04% in the last 24 hours, with Toncoin (TON) surging 25.18%. Meanwhile, Bitcoin (BTC) fell 0.17%, remaining above $81,000, while Ethereum (ETH) rose 1.61%, fluctuating narrowly around $2,300. Other notable sectors included: the AI ​​sector, up 3.44% in the last 24 hours, with Billions Network (BILL) rising 74.30%; and the RWA sector, up 2.83%, with the newly launched KAIO (KAIO) surging 6681.80%.