The majority of the encryption zone is rising, the Layer 2 zone rises by more than 3%, while BTC and ETH slightly fall.

PANews August 29 news, according to SoSoValue data, the upward revision of the U.S. Q2 GDP exceeded expectations, and Fed Governor Waller supports a 25bp rate cut in September. Favorable information is frequent on the macro level, and the encryption zone mostly rose, among which the Layer2 zone rose 3.03% in 24 hours. Within the zone, Mantle (MNT) and ex-MATIC (POL) rose 5.20% and 7.21% respectively. It is worth noting that Bitcoin (BTC) and Ethereum (ETH) fell 0.18% and 1.45% respectively in 24 hours, with BTC still fluctuating around $111,000 and ETH falling below $4,500. In other zones, the DeFi zone rose by 1.58% in 24 hours, with Chainlink (LINK) rising by 2.69% and Pyth Network (PYTH) soaring by 99.74%. On the news front, the U.S. government announced a partnership with Chainlink and Pyth to release key economic data, including GDP and PCE, on the blockchain. The Layer1 zone increased by 1.37%, with Solana (SOL) rising by 4.85%. The CeFi zone saw a rise of 0.49%, with Binance Coin (BNB) increasing by 2.24%, but Cronos (CRO), which had previously seen significant gains, experienced a correction, falling by 12.75%. The Meme zone rose by 0.27%, with Pump.fun (PUMP) and BUILDon (B) increasing by 12.88% and 20.01%, respectively. The PayFi zone has experienced a pullback for two consecutive days, with a 24-hour fall of 1.35%. Within the zone, XRP, Monero (XMR), and Telcoin (TEL) fell by 1.10%, 3.46%, and 5.23% respectively. The cryptocurrency sector index reflecting the historical market trends shows that the ssiLayer2, ssiDePIN, and ssiSocialFi indices have risen by 3.10%, 0.96%, and 0.93%, respectively.