PANews reported on May 21 that, according to SoSoValue data, the cryptocurrency market generally rebounded, with 24-hour gains ranging from 2% to 8%. The DeFi sector performed particularly well, rising 8.37%. Within the DeFi sector, Hyperliquid (HYPE) rose 17.07%, Jupiter (JUP) rose 9.07%, and Ondo Finance (ONDO) rose 10.01%. Meanwhile, Bitcoin (BTC) rose 1.61%, breaking through $77,000; Ethereum (ETH) rose 1.59%, breaking through $2,100.

In other sectors, the Layer 2 sector rose 4.85% in the last 24 hours, with Starknet (STRK) up 9.23%; the Layer 1 sector rose 3.60%, with Zcash (ZEC) up 14.25%; the PayFi sector rose 2.31%, with Dash (DASH) up 19.48%; the CeFi sector rose 2.28%, with Mantle (MNT) up 8.63%; and the Meme sector rose 0.38%, with Cheems Token (CHEEMS) up 23.80%.