Ethereum (ETH) led gains in the CoinDesk 20 Index over the weekend, rising 4.2% as the broader crypto market moved higher.
Chainlink (LINK) also outperformed, gaining 4.1% since Friday, highlighting strength among large-cap altcoins.
The CoinDesk 20 Index rose 2.6% to 1,952.02, with 18 of the 20 assets trading higher, signalling broad-based market participation.
The move reflects renewed short-term momentum in crypto markets, with major tokens rebounding after recent weakness.
Ethereum’s performance stands out as it continues to act as a key driver of altcoin sentiment and liquidity flows.
The rally suggests improving risk appetite among traders, though sustainability will depend on macro conditions and continued capital inflows.
Investors will be watching whether this momentum extends into the week or fades amid ongoing volatility in the digital asset market.
At the time of reporting, Ethereum price was $2,072.74.