CoinDesk 20 update: NEAR sparks weekend rally with 8.1% gain
CoinDesk Indices’ daily market snapshot shows the CoinDesk 20 index climbed to 1,968.74, gaining 3.5% (up 66.62 points) since 4 p.m. ET on Friday. Momentum was broad: 17 of the 20 index constituents were trading higher over the period.
Standouts on the upside included NEAR Protocol (NEAR), which surged 8.1% over the weekend, and Avalanche (AVAX), rising 5.5%. On the downside, Bitcoin Cash (BCH) slipped 0.6% and Stellar (XLM) eased 0.3%.
Quick context: NEAR is a sharded smart-contract platform that’s attracted developer activity, while Avalanche is known for its high-throughput consensus and DeFi ecosystem — both factors that can amplify price moves. The CoinDesk 20 is a broad-based index tracked across multiple trading platforms worldwide.
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