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CoinDesk 20 Performance Update: XLM Falls 14.6% as All Index Constituents Decline

Bitcoin was the top performer, dipping only 2.5%.

Nov 26, 2024, 2:49 p.m.
9am CoinDesk 20 Update for 2024-11-26: laggards chart

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 3150.49, down 5.3% (-175.81) since 4 pm ET on Monday.
None of the 20 assets are trading higher.

Leaders: BTC (-2.5%) and AVAX (-2.7%).

STORY CONTINUES BELOW
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9am CoinDesk 20 Update for 2024-11-26: leaders chart

Laggards: XLM (-14.6%) and POL (-10.4%).

9am CoinDesk 20 Update for 2024-11-26: laggards chart

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

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Farcaster Switches to Wallet-First Strategy to Grow its Social App

friends, social

The protocol still consists of casts, follows, reactions, identities and wallets, and third-party clients are free to emphasize whichever components they want.

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  • Farcaster is shifting its focus from social media to its in-app wallet and trading features to drive user engagement.
  • Cofounder Dan Romero acknowledged the lack of sustainable growth in their social-first strategy over the past 4.5 years.
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