Share this article
CoinDesk 20 Performance Update: SOL Gains 5.4%, Leading Index Higher from Friday
Bitcoin also joined as a top performer, gaining 3.0%.
Updated Oct 28, 2024, 1:29 p.m. Published Oct 28, 2024, 1:29 p.m.
Make us preferred on Google
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 2079.89, up 2.2% (+45.67) since 4 pm ET on Friday.
STORY CONTINUES BELOW
Eight of 20 assets are trading higher.
Leaders: SOL (+5.4%) and BTC (+3.0%).
Laggards: NEAR (-4.4%) and APT (-4.3%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
CoinDesk 20 Performance Update: SUI Gains 5.5% as Index Moves Higher
Uniswap (UNI) joined Sui (SUI) as a top performer, up 3.3% from Monday.
Top Stories
