# Top 200 Crypto Index Gains 5% From October 2021 Through Oct. 7

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/27284
Published: 2026-10-07T07:54:24.000Z
Updated: 2026-10-07T07:54:24.000Z
Section: Investing

> Jamie Coutts’ analysis places the index about 35% below its long-term trend, while annual new-token supply growth fell from 26.5% to 3.3%.

A market-cap-weighted index of the 200 largest crypto assets gained approximately 5% from October 2021 through Oct. 7, 2026, while slower token supply growth has become a central feature of the market’s performance.

Jamie Coutts’ analysis placed the index about 35% below a long-term trend that has grown roughly 35% annually since 2017. The trend extension is not a forecast. The index is rebalanced quarterly and uses daily data recorded at UTC, giving larger assets greater influence over its results.

Annual new-token supply growth fell from 26.5% to 3.3%. Token supply can expand through emissions, investor vesting and team allocations, while burns, buybacks, fee distributions and lower emissions can reduce dilution.

Coutts reviewed 309 tokens that entered the top 100 by market capitalization at least once since 2021. Holder-friendly tokenomics changes, including burns, buybacks, fee distributions and lower emissions, rose from 10 in 2021 and 2022 to 32 by Oct. 7, 2026.

“Supply ate the demand,” Coutts said.

Elton Shehdula, head of research, said crypto groups have an “optic incentive” to conduct buybacks to demonstrate confidence in their tokens.

Altcoin market capitalization increased by more than $371 billion from June to approximately $1.17 trillion by Sept. 27, a gain of roughly 45%. Total crypto market capitalization stood at approximately $2.98 trillion on Oct. 5, with Bitcoin dominance near 57%.

U.S. spot Bitcoin exchange-traded funds attracted $2.39 billion during the week of Sept. 21-25. Ether funds received $689.8 million, while Solana funds drew $188.1 million.

Provisional flows for Sept. 28-Oct. 2 were weaker. Bitcoin funds recorded $82.9 million in inflows, Ether funds had $118 million in net outflows and Solana fund inflows fell to $800,000.