The CoinDesk 20 index, a broad-based measure of the cryptocurrency market, rose 1% on the day, trading at 1789.35. Eighteen of the 20 assets in the index posted gains, led by Solana (SOL) which jumped 3% and Render Network (RNDR) which surged 2.6%.

Solana's strong performance helped boost the overall index, as the leading smart contract platform continues to gain traction. Render Network, a cloud rendering service for 3D graphics, also saw substantial upward movement, contributing to the index's rally.

Not all assets in the CoinDesk 20 were winners, however, as NEAR and XRP both declined, falling 0.8% and 0.4% respectively. The CoinDesk 20 is a globally traded index that provides a comprehensive view of the crypto market's performance.

Source: https://www.coindesk.com/coindesk-indices/2024/09/06/coindesk-20-performance-update-sol-jumps-30-as-index-rallies/

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