Internet Computer's 40% Rally Led CoinDesk 20 Gainers Over Past Week: CoinDesk Indices Market Update
Just three cryptos in the index posted losses, led by Avalanche's 7.5% decline.
Updated Mar 27, 2024 at 6:50 p.m. UTC
The CoinDesk 20 Index closed yesterday at 2705.61, up 4.8% week-over-week, but still 2.7% below the index high of 2779.34 earlier this month. The gauge's year-to-date gain is now 57%.
![cd20 performance](https://www.coindesk.com/resizer/OCULSOGLryTxPj2WSkEwiUMuIeY=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WCTR3OVMLZFSRADMBGIDOMBWGM.jpg)
Layer 1 Smart Contract Platform Internet Computer (ICP) led the CoinDesk 20 over the past week, gaining 40% to a market cap above $8.8 billion.
![cd20 leaders](https://www.coindesk.com/resizer/j7lnma7u2VoV0sieqQ3Yz-JOHmU=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/ZNTZG7CWQRCUHKXEHPT2UE6GYU.jpg)
![c20 leaders](https://www.coindesk.com/resizer/117PiZI0P83lB_hWMNvZ7hHIMis=/560x420/filters:quality(80):format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/GKRRQ3QUERGBBKU2HZUSLE7WPQ.jpg)
The CoinDesk 20 tracks top digital assets and is investible 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.