CoinDesk 20 performance update: Internet Computer drops 1.6%, leading index lower

NEW YORK – May 21, 2026, 1:16 p.m. ET – The CoinDesk 20 Index experienced a modest decline today, with key digital assets like Internet Computer (ICP) and Hedera (HBAR) weighing on overall performance. CoinDesk Indices released its daily market update, spotlighting the top performers and laggards within its benchmark index.

The CoinDesk 20 is currently trading at 2062.9, reflecting a 0.5% decrease, or 9.64 points, since 4 p.m. ET on Wednesday. Despite the broader market dip, five of the 20 constituent assets managed to post gains.

Market Movers: Leaders and Laggards

Among the top performers, NEAR led the charge with a significant 4.1% increase, while TAO also saw positive momentum, advancing by 1.6%.

Conversely, the Internet Computer (ICP) registered the steepest decline, falling 1.6% and contributing to the index's downward movement. Hedera (HBAR) joined ICP as a notable underperformer, dropping 1.3% from its closing position on Wednesday.

The CoinDesk 20 is recognized as a broad-based index, widely traded across numerous platforms and regions globally, offering a comprehensive snapshot of the digital asset market's performance.