PayFi Leads the Pack
On September 15, SoSoValue data shows that most crypto sectors ended higher. The payments and finance sector (PayFi) rose by about 5.55% over 24 hours, making it the most conspicuous among all sectors. In the subcategories, $XLM was up by about 8.81%, and XRP and TEL also moved higher within the same grouping. In the same period, $BTC briefly climbed to around $79,000 before pulling back, yet the overall market capitalization across the network still recorded a rebound on the order of about 1%.
PayFi plays into the narrative of “transfer, settlement, and stablecoin transfer channels,” which is not the same ballgame as pure memetics or pure compute power. The CLARITY programmatic voting brings the commodity/securities boundary back to the forefront. Payment-related assets are more likely to be treated as high-volatility targets, so capital will first flow into names in the basket that are relatively thinner and thus more elastic.
A sector leading in one day should not be extrapolated into the idea that the payment network suddenly sees a surge in volume. First, look for whether there is sustained trading activity; then, after regulatory vote outcomes are implemented, check whether this beta is still there.
$XLM
#PayFi #板块轮动
Does not constitute investment advice
On September 15, SoSoValue data shows that most crypto sectors ended higher. The payments and finance sector (PayFi) rose by about 5.55% over 24 hours, making it the most conspicuous among all sectors. In the subcategories, $XLM was up by about 8.81%, and XRP and TEL also moved higher within the same grouping. In the same period, $BTC briefly climbed to around $79,000 before pulling back, yet the overall market capitalization across the network still recorded a rebound on the order of about 1%.
PayFi plays into the narrative of “transfer, settlement, and stablecoin transfer channels,” which is not the same ballgame as pure memetics or pure compute power. The CLARITY programmatic voting brings the commodity/securities boundary back to the forefront. Payment-related assets are more likely to be treated as high-volatility targets, so capital will first flow into names in the basket that are relatively thinner and thus more elastic.
A sector leading in one day should not be extrapolated into the idea that the payment network suddenly sees a surge in volume. First, look for whether there is sustained trading activity; then, after regulatory vote outcomes are implemented, check whether this beta is still there.
$XLM
#PayFi #板块轮动
Does not constitute investment advice
