According to CoinDesk, the CoinDesk 20 Index has experienced a notable increase, reaching 2186.22, which marks an 8.5% rise, equivalent to a gain of 170.98 points since 4 pm ET on Tuesday. This surge reflects a positive trend across all 20 assets included in the index.
Leading the charge in this upward movement are UNI and SOL, which have seen substantial increases of 28.0% and 12.7%, respectively. These assets have outperformed others in the index, showcasing strong market performance. On the other hand, XLM and ICP, while still experiencing gains, have shown more modest increases of 3.3% and 3.9%, respectively, positioning them as the laggards in this rally.
The CoinDesk 20 Index is a comprehensive market indicator that is traded on various platforms across multiple regions worldwide. This broad-based index provides insights into the performance of key digital assets, reflecting the overall market sentiment and trends. The recent gains across all assets in the index highlight a period of positive momentum in the cryptocurrency market.