The CoinDesk 20 Index rose 0.4% to 1595.41, with AAVE surging 8.9% and Solana gaining 4.5% as 11 of 20 constituent assets traded higher. NEAR fell 2.5% and Ether dropped 1.1%, lagging the broader index.
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AAVE jumps 8.9% to lead CoinDesk 20 as Solana adds 4.5%
The CoinDesk 20 Index rose 0.4% to 1595.41, with AAVE surging 8.9% and Solana gaining 4.5% as 11 of 20 constituent assets traded higher. NEAR fell 2.5% and Ether dropped 1.1%, lagging the broader index.
AAVE surged 8.9% and Solana gained 4.5%, leading the CoinDesk 20 Index up 0.4% to 1595.41 as of 4 p.m. ET on June 26, according to CoinDesk Indices data.
The advance pushed 11 of the index's 20 constituent assets into positive territory, with AAVE on Ethereum and SOL on Solana outperforming the broader crypto market. Bitcoin traded at $58,881, up 1.16%, while Ether changed hands at $1,532.36, down 0.21%, per CoinDesk price data.
On the downside, NEAR dropped 2.5% and Ether fell 1.1%, making them the worst performers in the index. XRP edged up 0.28% to $1.02, while SOL traded at $68.60, up 7.02% on the session.
The selective strength in DeFi and layer-1 tokens signals capital rotation within the crypto market rather than broad-based buying. The CoinDesk 20, a broad-based index traded across multiple platforms globally, tracks the largest digital assets by market capitalization and liquidity.
This article is for informational purposes only and does not constitute investment advice.
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