Canton (CC) experienced a significant price surge, climbing 41% over the past week and 11% in the last 24 hours, driven by a spike in trading volume exceeding 100% in a single day. The price breakout above the $0.10–$0.105 range has attracted strong buying interest, with transaction volumes indicating robust market support.
The rally was fueled by institutional news, notably the Depository Trust & Clearing Corporation's (DTCC) announcement to tokenize U.S. Treasuries on the Canton network starting in 2026. Currently, Canton processes $280 billion daily in treasury repo settlements through major financial institutions like Goldman Sachs and BNP Paribas. The CC token launched with a fully circulating supply and no venture capital allocation, adding to its appeal.
Canton (CC) Jumps 40% on Institutional Tokenization Plans
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