AI and Big Data, Liquid Staking, DeFi hold the biggest weekly gains

Several sectors in the crypto market are seeing a resurgence. AI and Big Data, Liquid Staking and DeFi projects managed to make huge gains last week.

Artificial Intelligence (AI) and Big Data comprise the top 100 projects based on weekly earnings, with strong performance on the chart and a significant increase of 8.65%, according to the latest analysis by blockchain intelligence platform Sentiment.

The combined market value of AI and Big Data currently stands at a staggering $39.3 billion.

🤔 Which #cryptocrypto sectors are growing and can help your portfolio? Weekly returns;

🎯 AI & Big Data: +8.65%🎯 Liquid Staking: +8.12%🎯 DeFi: +7.76%

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— Santiment (@santimentfeed) April 9, 2024

Meanwhile, Liquid Staking, which consists of 17 projects, has emerged as another promising sector, registering a significant growth of 8.12% in the last seven days. Market capitalization grew to $43 billion, reflecting growing savings in the market-wide recovery. The USD 111.9 billion DeFi sector comprised of 477 projects, on the other hand, ranked third on the sentiment list, registering a growth of 7.76 percent. Several other sectors showed growth last week. This includes 85 Tier 1 projects with a market capitalization of 7.19% and hovering over $783 billion. Next is ERC-20, which is valued at 708 billion dollars and consists of 988 projects, which showed a total market growth of 6.8% in the last week. The fifth place is occupied by NFTs, 117 projects registered a weekly increase of 6.47% to $ 17.6 billion in market value. Meanwhile, Layer 2, with 22 projects under its belt, stood sixth with a 5.9 percent increase. The social, meme coins and gaming sectors also saw significant growth this week with 5.73%, 5.59% and 4.24% respectively.