Uniswap Leads CoinDesk 20 With 6.8% Advance, Ripple Follows With 4.1% Gain

According to CoinDesk, Uniswap led the CoinDesk 20 Index this past week, with a 6.8% advance that pushed the token's value above $11, a significant increase from its $7 value just a month ago. Ripple was the only other asset in the index to yield a positive return, recording a 4.1% gain. The CoinDesk 20 Index tracks the performance of top digital assets and is available for investment on multiple platforms. The broader CoinDesk Market Index, on the other hand, includes approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. However, not all assets performed well this past week. Internet Computer and Near Protocol, ranked 15th and 16th by market cap respectively, underperformed most this week with declines of almost 20%. These alternative layer 1s were the most significant laggards in the index.