Gate News Bot message, December 29th, according to CoinMarketCap data, at press time, CC (Canton) is reported at $0.13, up 15.15% in the past 24 hours, with a high of $0.14 and a low of $0.08. The 24-hour trading volume reached $52.9 million. The current market capitalization is approximately $4.893 billion, an increase of $644 million from yesterday.
Important recent news about CC:
1️⃣ DTCC Tokenization of Government Bonds Receives Regulatory Approval
The US Depository Trust & Clearing Corporation (DTCC)-custodied US Treasury bonds are advancing tokenization on the Canton network and have received a no-action letter from the US Securities and Exchange Commission (SEC). This regulatory recognition is seen by the market as the clearest compliance signal in the on-chain government bond space to date, significantly enhancing Canton’s authority as a compliant tokenization infrastructure and its commercialization prospects, 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 it as the primary oracle service provider to deliver compliant, real-time price data for tokenized assets. This integration completes the technical stack for real-world asset tokenization, improving connectivity with institutional-grade DeFi and laying the infrastructure foundation for RWA applications within the Canton ecosystem.
3️⃣ Institutional-Grade Application Scale Continues to Expand
Canton Network has gathered top global financial institutions such as Broadridge, Digital Asset, Euroclear, and Tradeweb. Applications deployed within the ecosystem handle over $300 billion in daily trading volume. The average daily trading 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 intrinsic demand for 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
Ethereum Liquid Supply Hits 2024 Low on Binance
Abstract: CryptoQuant reports a notable contraction in Ethereum's liquid supply on Binance, with liquid ETH dropping to about 534,000 from a total reserve of 3.44 million. The trend, termed liquidity dryup, could reduce near-term selling pressure and provide price support if demand improves.
Summary: CryptoQuant notes Binance's ETH liquid supply fell to ~534k of 3.44M total, signaling a liquidity dryup that could ease selling pressure and support prices if demand strengthens.
CryptoFrontier1h ago
$78,000 BTC Price Support Level Reclaimed, Bitcoin Could Be Entering Bullish Reversal Stage
Bitcoin reclaiming $78k fuels a bullish reversal narrative and potential altseason, with bulls eyeing new ATHs up to $126k–$140k while bears warn of a fake pump before a cycle bottom.
Abstract: The article discusses Bitcoin reclaiming the $78,000 level as a potential bullish reversal that could spur altcoin rallies, outlining bullish and bearish forecasts, possible new ATHs, and rising market optimism.
CryptoNewsLand1h ago
Altcoin Trading Volume Share Hits Two-Month High at 51% on Major CEX
Gate News message, April 22 — According to analyst Darkfost, altcoin trading volume share on a major centralized exchange reached 51%, up significantly from 31% in early March, while Bitcoin and Ethereum shares fell to 30% and 17% respectively.
Ethereum's trading volume share declined sharply from
GateNews1h ago
Bitcoin Breaks Through $78,000, Ethereum Hits $2,390: Market Panic Eases
Bitcoin breaks through $78,000, while Ethereum climbs above $2,390. This article reviews the V-shaped reversal trend from April 13 to 22, analyzing the evolution of liquidation data and the Fear and Greed Index.
GateInstantTrends2h ago
SHIB Struggles to Recover as Fresh Developments Fail to Lift Price Action
SHIB trading activity rises, but price stays trapped in a tight consolidation range.
Whale accumulation increases while some long-term holders, including Aoki, exit positions.
Strong derivatives volume and inflows fail
CryptoNewsLand4h ago
Macro Recovery Drives Risk Asset Inflows; Crypto Market Shows Divergence Between Mainstream and Altcoins
Global risk appetite rose on easing Middle East tensions, lower energy prices, and strong institutional support, pushing equities to new highs; gold held gains while crypto and ETFs posted modest moves.
Global risk sentiment improved as tensions eased and energy prices fell, with equities at highs, gold firm, and crypto modestly higher; regulatory steps included France backing euro stablecoins and Circle's USDC Bridge.
GateNews5h ago
