PANews reported on May 11th that, according to SoSoValue data, the cryptocurrency market is generally trending upward, with the PayFi sector performing particularly well, rising 3.26% in the last 24 hours. Specifically, XRP rose 3.29%, Trust Wallet (TWT) rose 6.55%, and eCash (XEC) rose 12.85%. Meanwhile, Bitcoin (BTC) rose 1.17%, returning above $81,000; Ethereum (ETH) rose 1.75%, approaching $2,400.

In other sectors, Layer 2 rose 2.76% in the last 24 hours, with Mantle (MNT) up 4.12%; DeFi rose 2.56%, with Uniswap (UNI) up 7.72%; Meme rose 2.25%, with TROLL (TROLL) surging 50.14%; Layer 1 rose 2.08%, with Sui (SUI) up 24.00%; AI rose 1.85%, with Unibase (UB) up 13.24%; and CeFi rose 1.57%, with Cronos (CRO) up 6.53%.