According to SoSoValue data, the crypto market sectors continue to show a general upward trend, with the PayFi sector leading the gains, with a 24-hour increase of 21%; among them, the outstanding performances include Ripple (XRP) with a 25.75% increase and Stellar (XLM) with a 19.59% increase. In addition, the ssiPayFi index, which represents the historical performance of the PayFi sector, is currently priced at $21.2, with a weekly increase of 44.44% and a monthly increase of 123.47%, both of which are the first in the increase list of other sector indexes. SoSoValue analysts said that affected by the news that SEC Gary Gensler is expected to step down on January 20, 2025, PayFi is expected to strengthen and maintain its upward trend in the long term in the future; in addition, it is worth noting that the Layer 2 sector has increased by 11.68%, the Defi sector has increased by 7.29%, and the Layer 1 sector has increased by 7.2%.