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CoinDesk 20 performance update: Ethereum (ETH) price rises 4.2% over weekend

CoinDesk
The CoinDesk 20 index rose 2.6% over the weekend, led by gains in Ethereum and Chainlink.

Summary

The CoinDesk 20 Index, which tracks 20 major digital assets, was trading up 2.6% (+$49.88) since Friday afternoon, with 18 out of 20 assets showing gains. The top performers included Ethereum (ETH) rising 4.2% and Chainlink (LINK) increasing by 4.1%. Conversely, the laggards were Aptos (APT) down 4.1% and Bitcoin Cash (BCH) down 1.7%, although BCH was noted as being up 0.8% from Thursday.

The article also briefly mentions a related report on stablecoins evolving into core financial infrastructure, noting that North America is leading in regulatory frameworks and institutional adoption, with regulated issuers like USDC, RLUSD, and PYUSD gaining market share.

(Source:CoinDesk)