Happy Friday, everyone. I'm Jen Sanassi, and you're listening to Markets Daily from

Coin Desk. On today's show, we are passing it over to Coin Desk Indecese for some weekly

market insights. Happy Friday, everyone. Stick around. We'll have additional analysis from

Leo Mindyuk, co-founder and CEO of ML Tech.

First, Tracy Stevens, senior index manager at CoinDisc Indices, provides market highlights for the week ending July 25th, with data from the 4 p.m. New York close of Thursday the 24th.

The CoinDest 20 gain 1.8% week over week. While only 5% of the 20 crypto assets in

the index are trading higher than they were this time last week, Bitcoin, the largest asset

by market capitalization is among the leaders. BTC is up a modest 1.9% after an eventful leak in

U.S. politics and uncertainty around the U.S. regulatory

environment for crypto.

Solana has been a clear winner among large-cap crypto in the past few weeks.

Solana added another 14% this week to bring the alternative layer 1's one-month gain to nearly

40%, the largest monthly gain in the CoinDest 20.

This comes amid increased optimism around a possible Solana ETF,

as well as announcements of new partnerships for the protocol.

On the flip side, the small-cap crypto assets in the index saw the largest declines.

Hedera and RenderTogen, two protocols that are positioning themselves to benefit from further

AI hype lost ground this week, both losing around 11% of their value over the past seven

days.

Now here is market analysis from Leo Mindyuk, co-founder and CEO of MLTech.

The CoinDus 20 Index performed quite well over the past Hmong and has been

up about 10%. Seoul, XRP, and ICP were the leading gains with each up more than 25% over

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