Layer-2 and DeFi Tokens Ignite Crypto Rally as Fed Hike Anxiety Subsides

Starknet and Arbitrum surged ↑ 17% as the 10‑year Treasury yield eased ↓ 5%, lifting 98 of the CoinDesk 100 constituents.

Layer-2 and DeFi Tokens Power Market Surge

Analysts attribute the rally to waning anxiety after the Federal Reserve’s latest rate hike, with investors rotating into scaling solutions and decentralized finance assets.

Liquidity inflows into layer‑2 platforms outpaced traditional crypto sectors, a trend echoed in recent Reuters commentary.

“The market is recalibrating, favouring efficiency over speculation,” a senior trader noted.

Even as the broader economy steadies, the lingering effects of the pandemic continue to shape risk appetite across digital assets.