What is the CoinDesk 20 Index?

The CoinDesk 20 is a broad-based market index of 20 crypto assets, traded on multiple platforms in several regions globally. It serves as a benchmark for relative performance across the top liquid tokens.

How much did the CoinDesk 20 fall in this update?

The CoinDesk 20 closed at 1750.15, down 0.9% (-15.97) since 4 p.m. ET Wednesday. Only three of the 20 constituents traded higher on the session.

Which assets led the CoinDesk 20 higher?

Stellar (XLM) was the top performer, jumping 10% on the day, followed by Hedera (HBAR) which added 0.2%. The two leaders were the only meaningful upside contributors.

Which assets lagged the CoinDesk 20?

Internet Computer (ICP) fell 4.1% and Sui (SUI) dropped 4%, leading the index lower. The laggards were concentrated in mid-cap names outside the majors.

What does the internal dispersion in the CoinDesk 20 signal?

With only three of 20 constituents green and a 14-point spread between best and worst performer, the session reads as constituent-driven rather than a broad market move. The XLM rally is doing the work while the rest of the basket bleeds.

〽️NEUTRAL 1h ago

CoinDesk

XLM jumps 10% as CoinDesk 20 index slips 0.9%

Only three of the 20 constituents traded higher on the session, with Stellar (XLM) doing the heavy lifting and ICP, SUI leading the laggards.

Zipp Editorial Aggregated from CoinDesk

XLM jumps 10% as CoinDesk 20 index slips 0.9%

The CoinDesk 20 Index closed the session at 1750.15, down 0.9% (-15.97) since 4 p.m. ET Wednesday, with just three of the 20 constituents trading in the green.

Why it matters

Stellar (XLM) was the clear outperformer, jumping 10% on the day, while Hedera's HBAR added 0.2%. On the other side, Internet Computer (ICP) fell 4.1% and Sui (SUI) dropped 4%, leading the index lower. The dispersion inside a 20-asset basket is wide enough to signal that today's move is constituent-driven rather than a broad market thesis — XLM is doing the work while the rest of the index bleeds.

Market impact

A 0.9% slip on the broad index with only 15% of constituents green is a soft tape read, but the magnitude is contained. The XLM rally is the headline; the question is whether it holds into the next session or fades with the rest of the basket. Watch HBAR's follow-through as a secondary confirmation of bid inside the non-major cohort.

$XLM #SUI #CoinDesk20 #RWA

Frequently asked questions

What is the CoinDesk 20 Index?

The CoinDesk 20 is a broad-based market index of 20 crypto assets, traded on multiple platforms in several regions globally. It serves as a benchmark for relative performance across the top liquid tokens.
How much did the CoinDesk 20 fall in this update?

The CoinDesk 20 closed at 1750.15, down 0.9% (-15.97) since 4 p.m. ET Wednesday. Only three of the 20 constituents traded higher on the session.
Which assets led the CoinDesk 20 higher?

Stellar (XLM) was the top performer, jumping 10% on the day, followed by Hedera (HBAR) which added 0.2%. The two leaders were the only meaningful upside contributors.
Which assets lagged the CoinDesk 20?

Internet Computer (ICP) fell 4.1% and Sui (SUI) dropped 4%, leading the index lower. The laggards were concentrated in mid-cap names outside the majors.
What does the internal dispersion in the CoinDesk 20 signal?

With only three of 20 constituents green and a 14-point spread between best and worst performer, the session reads as constituent-driven rather than a broad market move. The XLM rally is doing the work while the rest of the basket bleeds.

Source attribution

Aggregated from CoinDesk · Verified · Last refreshed 1h ago

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