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Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
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AVAX's 28% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

All 20 cryptos in the gauge posted gains, with Solana's SOL also among those rising more than 20%.

By Tracy Stephens
AccessTimeIconMar 12, 2024 at 4:32 p.m. UTC
Updated Mar 12, 2024 at 7:11 p.m. UTC
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CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

While all 20 members of the CoinDesk 20 are in the green over the past week, six appreciated more than 20%. Leading the advance were alternative Layer 1 Smart Contract Platforms Avalanche (AVAX) and Solana (SOL), with 28% and 25% gains, respectively. The overall CoinDesk 20 was ahead 18% and bitcoin (BTC) rose 15%.

CD20 LEADERS

Another alternative Layer 1, Aptos (APT) noticeably failed to fully participate in this week’s uptrend, advancing a mere 1%.

CD20 LAGGARDS

The CoinDesk 20 tracks the world's largest and most-liquid cryptocurrencies in an investible index available on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

Edited by Stephen Alpher.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Tracy Stephens
Tracy Stephens

Tracy Stephens is a Senior Index Manager at CoinDesk Indices.

Follow @tracysteph_ on Twitter

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