CoinDesk 20 Index Surges 5.3% Led by HBAR 13.5% and ADA 12.6% Gains

The CoinDesk 20 Index, a broad-based index traded on multiple platforms globally, has shown a significant increase, currently trading at 3513.86, up 5.3% since 4 p.m. ET on Thursday. This surge is indicative of a bullish trend across the board, with all 20 assets in the index trading higher.

Among the top performers, Hedera (HBAR) has surged by 13.5%, making it one of the leaders in the index. Following closely is Cardano (ADA), which has risen by 12.6% from Thursday. These gains highlight the strong performance of these two assets, which have outperformed the rest of the index.

On the other end of the spectrum, the laggards in the index include AAVE, which has increased by 2.1%, and SUI, which has risen by 2.4%. While these assets are also trading higher, their gains are relatively modest compared to the leaders.

This performance update underscores the overall positive sentiment in the market, with all assets in the CoinDesk 20 Index showing gains. The significant increase in HBAR and ADA suggests that these assets may be benefiting from recent developments or market trends that have driven their prices higher. The laggards, while still showing gains, may be experiencing slower growth due to various factors such as market saturation or lack of recent positive news.