Filecoin’s value surges by 2.3% as the CoinDesk 20 index trades flat, with Polygon also showing significant gains.
CoinDesk 20 Performance Update: Filecoin (FIL) Gains 2.3% as Index Trades Flat
The CoinDesk 20 is currently trading at 2446.91, up 0.1% (+2.11) since 4 p.m. ET on Thursday.
Top Performers in the CoinDesk 20 Index
Six of 20 assets are trading higher today, with Filecoin (FIL) leading the gains at 2.3%. Polygon (POL) is also a top performer, gaining 1.4% from Thursday’s close.
Filecoin is a decentralized storage network that allows users to rent out their excess hard drive space.
It uses a proof-of-rental (PoR) consensus algorithm, which incentivizes participants to store and retrieve data efficiently.
Filecoin's native cryptocurrency, FIL, is used for transactions on the network.
The platform aims to create a global, decentralized storage solution that provides secure and reliable data storage.
Leaders: FIL and POL
- FIL (+2.3%)
- POL (+1.4%)
Laggards in the CoinDesk 20 Index
On the other hand, six assets are trading lower, with APT experiencing the largest decline at -5.0%. AAVE follows closely behind, down by 2.6%.
Laggards: APT and AAVE
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APT (-5.0%)
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AAVE (-2.6%)
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. For the latest updates and charts, visit our CoinDesk Indices .
