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AAVE Surges 7.4%, Propels CoinDesk 20 Index to New Highs

AAVE Surges 7.4%, Propels CoinDesk 20 Index to New Highs

Author:
Coindesk
Published:
2025-05-16 13:12:40
6
2

DeFi blue-chip AAVE leads crypto market rally with double-digit gains as institutional interest returns.

The CoinDesk 20 Index climbs 2.3% amid renewed bullish sentiment—just in time for traders to chase the next hype cycle.

9am CoinDesk 20 Update for 2025-05-16: full chart

Leaders: AAVE (+7.4%) and ETH (+2.9%).
Laggards: XRP (-0.6%) and APT (+0.2%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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