Stellar (XLM) Gains 5.1%, Lifts CoinDesk 20 Index

Edgen Crypto

·Mar 10 2026, 15:25

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Key Takeaways

The CoinDesk 20 index, a benchmark for the largest digital assets, advanced on Tuesday, driven by strong performances from several of its key components. Stellar and Near Protocol notably outpaced the broader market, signaling focused buying interest in specific large-cap tokens.

Stellar (XLM) emerged as the top performer within the CoinDesk 20 index, posting a 5.1% gain on March 10.
Near Protocol (NEAR) also recorded a significant increase, rising 3.6% from the previous session.
The gains from these assets highlight positive momentum for specific tokens within the institutional-grade CoinDesk 20 index.

Stellar's 5.1% Rise Leads Major Digital Assets

Stellar (XLM) became the top-performing asset in the CoinDesk 20 index on Tuesday, March 10, registering a notable 5.1% price increase. The advance pushed the token ahead of other major digital assets, highlighting a concentration of positive sentiment and buying activity. This performance underscores XLM's relative strength in a market where investors are closely monitoring leaders within established crypto indices for signs of momentum.

Near Protocol's 3.6% Advance Signals Broader Strength

The positive market action was not isolated to a single token. Near Protocol (NEAR) also delivered a strong performance, climbing 3.6% from Monday's levels. The concurrent gains of both XLM and NEAR contributed to the overall lift in the CoinDesk 20 index. This shared strength suggests a broader, albeit selective, investor confidence returning to the market's most liquid and significant digital assets, potentially attracting further capital to the index's top components.