CC (Canton) 24-hour increase of 17.69%

CC6,5%

Gate News Bot Message, December 31st, according to CoinMarketCap data, as of press time, CC (Canton) is currently priced at $0.15, up 17.69% in the past 24 hours, with a high of $0.15 and a low of $0.09. The current market capitalization is approximately $5.454 billion, an increase of $820 million from yesterday.

The Canton Foundation ensures fair governance and oversight of the Canton Network global synchronizer. Canton Network is an ecosystem that combines the power of capital markets with the true value of blockchain. It currently has 37 super validator nodes and 622 validator nodes, with an average daily fee of $793,000. The network supports multiple ecological applications including blockchain explorers, cross-chain bridges, oracles, custody and wallets, Daml development solutions, data analytics, DeFi, and node-as-a-service. The Canton Foundation brings together top industry institutions such as 5North, Broadridge, Digital Asset, and Euroclear, dedicated to promoting real-time asset tokenization with privacy protection and atomic settlement.

Recent Important News about CC:

1️⃣ DTCC Bond Tokenization Receives Regulatory Clarification The US Depository Trust & Clearing Corporation (DTCC)-custodied US Treasuries are advancing tokenization on the Canton network and have received a no-action letter from the US Securities and Exchange Commission (SEC). This regulatory approval is seen as the clearest compliance signal to date in the on-chain US Treasury space, significantly enhancing Canton’s authority and commercialization prospects as a compliant tokenization infrastructure, and directly strengthening market expectations for the long-term value of CC tokens.

2️⃣ RWA Technology Stack Enhancement Drives Ecosystem Development In early December, Canton partnered with RedStone, integrating its services as the primary oracle provider to deliver compliant, real-time price data for tokenized assets. This integration completes the full technology stack for real-world asset tokenization, improving connectivity with institutional DeFi and laying a solid infrastructure foundation for RWA applications within the Canton ecosystem.

3️⃣ Institutional-Grade Application Scale Continues to Expand, Driving Endogenous Demand Canton Network has gathered top global financial institutions such as Broadridge, Digital Asset, and Euroclear. Applications deployed within the ecosystem handle over $300 billion in daily trading volume. The average daily transaction fee of $793,000 reflects ongoing growth in on-chain activity, validating Canton’s practical commercial value as a Layer-1 blockchain designed specifically for regulated financial institutions, providing strong support for the long-term value of CC tokens.

This message is not investment advice. Investors should be aware of market volatility risks.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Worldcoin is nearing its all-time low: the $326 million buy order failed, and $0.20 is the next target for WLD

Worldcoin (WLD) price continues to hover near its historical lows, currently at $0.2482, and the near-term trend remains weak. Despite large inflows of institutional capital such as Eightco Holdings, there are still no signs of a rebound in the market—if anything, it has intensified supply pressure. On-chain data supports the risk of selling off; once the key support level of $0.2455 is broken, it could quickly drop to $0.20. Overall, WLD faces structural pressure, and the market is focused on whether it can break through the historical low.

GateNews2m ago

Polymarket: Iran ceasefire probability is only 3%, and the surge in oil prices is hitting Bitcoin’s price trend

The expected shift around Iran ceasefire talks is toward pessimism, and the trading market shows that the ceasefire success rate set by Trump is only 3%. Iran rejected a short-term ceasefire proposal and put forward long-term political and economic conditions, further compressing the room for negotiations. Energy markets are strengthening in expectation, and the probability that WTI crude for April, which hit $120, rises to 77%. Crypto assets such as Bitcoin are under pressure during the phase when risk appetite declines, with capital flowing into traditional safe-haven assets.

GateNews8m ago

Grayscale’s New Bets: 43% of Its AI Fund Into One Coin (It’s Not NEAR or RENDER)

Grayscale increased its investment in TAO within its AI-focused crypto fund from 31% to over 43%, highlighting strong confidence in the project amid a selective approach to other AI tokens. This move may influence market sentiment around TAO.

CaptainAltcoin22m ago

Bitcoin Drops Below $69k: Trump’s Final Ultimatum to Iran Triggers Risk-Off Selling

Bitcoin fell to $685,000 on April 7, down about 2% for the day. Driven by concerns over the Middle East situation, risk-off sentiment has increased. With the market under pressure and international oil prices rising, the crypto market has faced headwinds, and investors lack confidence in a Bitcoin rebound. In the short term, macro events will continue to affect Bitcoin’s price action.

GateNews46m ago

AAVE breaks below the $100 support: DeFi sector selloff intensifies, and $80 may become the key line of defense

The DeFi market continues to face persistent pressure. On April 6, AAVE fell sharply to $84, and the current price is trading in a range around $94. Technical indicators show that bearish signals are dominant, while the fundamentals bring uncertainty due to the end of a partnership. In the short term, watch the $92 support level; $100 is a key reversal signal. The overall trend is influenced by market sentiment, so the probability of a rebound is relatively low.

GateNews50m ago
Comment
0/400
No comments