With a 6.8% lead, Uniswap leads CoinDesk 20, followed by Ripple with a 4.1% gain.
Uniswap led the CoinDesk 20 Index this past week, according to CoinDesk. The token’s value increased by 6.8% to surpass $11, a substantial rise from its $7 value only one month prior. With a 4.1% gain, ripple was the only other asset in the index to produce a profit.
The CoinDesk 20 Index is a multiplatform investment tool that monitors the performance of leading digital assets. In contrast, the larger CoinDesk Market Index comprises roughly 180 tokens and seven cryptocurrency sectors: money, smart contract platforms, DeFi, culture & entertainment, digitalization and computing.
But not every asset had a good week last week. Near Protocol and Internet Computer, which are ranked 15th and 16th by market capitalization, respectively, underperformed this week, declining by about 20%. The index’s biggest laggards were these alternative layer 1s.