Share this article
AVAX's 28% Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
All 20 cryptos in the gauge posted gains, with Solana's SOL also among those rising more than 20%.
Updated Mar 12, 2024, 7:11 p.m. Published Mar 12, 2024, 4:32 p.m.
Make us preferred on Google
CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).
While all 20 members of the CoinDesk 20 are in the green over the past week, six appreciated more than 20%. Leading the advance were alternative Layer 1 Smart Contract Platforms Avalanche {{AVAX}} and Solana {{SOL}}, with 28% and 25% gains, respectively. The overall CoinDesk 20 was ahead 18% and bitcoin rose 15%.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Another alternative Layer 1, Aptos noticeably failed to fully participate in this week’s uptrend, advancing a mere 1%.
The CoinDesk 20 tracks the world's largest and most-liquid cryptocurrencies in an investible index available on multiple platforms. The broader CoinDesk Market Index comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.
More For You
More For You
Abu Dhabi wealth funds bitcoin ETF holdings topped $1 billion at end of 2025
Both Mubadala Investment Company and Al Warda Investments lifted investments in BlackRock's iShares Bitcoin ETF (IBIT) in the fourth quarter.
What to know:
- Two major Abu Dhabi investment firms, Mubadala Investment Company and Al Warda Investments, increased their holdings of BlackRock’s iShares Bitcoin Trust (IBIT) in the fourth quarter of 2025 as bitcoin’s price fell.
- Mubadala lifted its IBIT stake to 12.7 million shares and Al Warda to 8.2 million shares.
- Together, they held a combined position that exceeded $1 billion at the end of 2025 but has since declined to just over $800 million amid further bitcoin losses in 2026.
