Chainlink (LINK) was also a top performer, rising 4% from Tuesday.
CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gained 4.1%, Leading Index Higher
Chainlink (LINK) was also a top performer, rising 4% from Tuesday.
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Ethereum (ETH) joined Uniswap (UNI) as a top performer, gaining 3.8% from Wednesday.
Bitcoin Cash (BCH) fell 7% and Ripple (XRP) dropped 4.7%, leading the index lower.
Polkadot (DOT), up 8.5% from Friday, joined Ethereum (ETH) as a top performer.
DeFi and RWA protocols are rebranding themselves as Layer 1s to capture infrastructure-like valuations. But most remain narrowly focused applications with little sustainable economics — and the market is beginning