S&P Dow Jones Indices and Pantera Capital have launched an 18-asset crypto index that excludes Bitcoin and ranks eligible blockchain networks by the protocol revenue generated during the previous two quarters.
Summary
- S&P and Pantera launched an 18-asset crypto index based on protocol revenue.
- Bitcoin and XRP failed to qualify under the benchmark’s revenue-focused selection rules.
- Ether, BNB, Solana, TRON and Hyperliquid hold the five largest positions.
According to a joint announcement from the companies, the S&P Pantera Digital Asset Index is designed to measure established network activity instead of relying only on token prices or market capitalization. The…
