##Ethereum Is the Strongest Asset of 2020

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The average performance across Ethereum-based assets has been a nearly 130% year-to-date (YTD) gain, according to data published by market data aggregator Messari.

The data gives an overview of the 178 assets that currently exist on Ethereum (ETH), totaling a combined market capitalization of $63.7 billion — a mere 20% of the entire crypto capitalization.

Including stablecoins, 124 of the assets have shown a YTD gain, which means that 70% of Ethereum-based tokens have increased in value despite the shocks felt across the global economy amid the crisis brought about by COVID-19 pandemic.

70% of ETH-based assets post gains

10 ETH-based tokens have posted YTD gains topping 500%, some of them being major decentralized finance protocols Bancor (BNT) and Kyber Network (KNC).

One-third of Ethereum-driven markets have more than doubled in value since the beginning of the year, with Ether taking the 41st position as the strongest-performing asset with YTD gains of 142%.

15 tokens have suffered single-digit percentage losses, while nine assets have lost over half of their value during 2020 so far.

Stablecoins dominate Ethereum token rankings

Excluding Tether, only Ether and Crypto.com Coin (CRO) sit among the top 10 crypto assets by market cap, closely followed by the 12-th ranked Chainlink (LINK).

Bitfinex’s Unus Sed Leo (LEO) token and the USD Coin (USDC) stablecoin are also ranked among the 20-largest cryptocurrencies.

The rankings show Ethereum’s popularity among stablecoin issuers, with seven of the 25-largest assets running on the ETH blockchain comprising stable tokens.