CoinDesk 20 Performance Update: Avalanche (AVAX) Surges 5.2% as Crypto Market Rallies

Avalanche leads the charge with solid gains while the broader market catches bullish momentum.

Market Momentum Builds

AVAX isn't just moving—it's sprinting ahead of the pack with that 5.2% jump. Nearly every other asset in the CoinDesk 20 followed suit, painting screens green from traders' phones to institutional dashboards. No fancy narratives needed—just pure price action doing the talking.

Beyond the Headlines

This isn't isolated hype. The climb reflects building confidence in layer-1 alternatives as Ethereum gas fees remind everyone why scaling solutions exist. Traders rotate, protocols deploy, and suddenly AVAX isn't just another ticker—it's a liquidity magnet.

Let's be real—while crypto assets pump, traditional finance still thinks 'blockchain' is a spreadsheet upgrade. Maybe they'll catch up... after the next ATH.

Leaders: AVAX (+5.2%) and BCH (+3.4%).

Laggards: POL (+0.0%) and APT (+0.6%).

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