According to SoSoValue data, the market sentiment is polarized today due to the deadlock in encryption legislation. ETH has led the rise for the second consecutive day, up 6.26% in 24 hours, breaking through $3400 to reach a nearly six-month high; BTC is up slightly by 0.31%, currently reported at $118,000. The Meme zone rose by 5.12%, with FLOKI rising 31.86%; the PayFi zone increased by 2.56%, XRP rising by 4.80%; the Layer1 zone rose by 1.97%, with SOL increasing by 5.58%; Pump.fun (PUMP) fell by 13.95%.

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