According to Gate News Bot, on December 9, CoinMarketCap data shows that as of press time, CC (Canton) is trading at $0.08, up 21.14% in the past 24 hours, reaching a high of $0.08 and a low of $0.06. The current market capitalization is approximately $2.724 billion, an increase of $475 million compared to yesterday.
Canton is a network that integrates the power of capital markets with the real-world value of blockchain. The Canton Foundation ensures fair governance and oversight of the Global Synchronizer, a decentralized infrastructure connecting all parts of the Canton network. The network currently has 37 super validator nodes and 622 validator nodes, with daily transaction fees around $793,000 and a circulating supply of 3.59 billion tokens. The Canton ecosystem brings together renowned financial institutions including 5North, Broadridge, Digital Asset, Euroclear, and Tradeweb, providing a variety of applications such as blockchain explorers, cross-chain bridges, custodial wallets, DeFi services, and real-world asset tokenization. On December 10, at 9:00 AM EST (UTC 14:00), Canton Network launched a major mainnet upgrade.
Recent Key News about CC:
1️⃣ Development Team’s Financing Progress Bolsters Ecosystem Confidence
Digital Asset Holdings completed a new $50 million funding round in early December, with a strong lineup of investors including BNY Mellon, Nasdaq, S&P Global, and other top global financial institutions. This follows an earlier $135 million funding round this year, reflecting the continued optimism of traditional financial giants about Canton Network’s prospects in asset tokenization and financial transaction processing.
2️⃣ Increased Institutional Adoption Demonstrates Commercial Value Realization
Multiple top global financial institutions, including Goldman Sachs and Tradeweb Markets, have adopted Canton Network in practical applications, with some also participating in the management of its Global Synchronizer Foundation. Wall Street banks and trading firms have used Canton Network to conduct digital dollar U.S. Treasury transactions on Saturdays, fully illustrating that the network has evolved from a technical concept to actual commercial use.
3️⃣ Mainnet Upgrade Drives Long-term Growth Expectations
Canton Network launched a major mainnet upgrade on December 10. This technical iteration, combined with positive signals from institutional funding and real-world application, has fueled market expectations for enhanced network functionality and ecosystem expansion, providing fundamental support for the token’s price increase.
This information is not investment advice. Please be aware of market volatility risks when investing.
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
Exodus CEO: Retail investors at a nine-year low, institutions quietly enjoy the crypto bull market
Exodus CEO JP Richardson said that in 2026 the crypto market will see an unprecedented structural shift, with institutional investors moving in rapidly, while retail investors are absent at scale due to a cost-of-living crisis. Data shows retail activity has fallen to a nine-year low, and some funds are flowing to traditional markets. While sentiment is fragile in the short term, the outlook for the mid term is still viewed positively.
MarketWhisper54m ago
European Central Bank backs ESMA with centralized oversight of crypto regulation, and bearish signals for Bitcoin emerge
The European Central Bank has officially supported transferring regulatory authority over crypto-asset service providers to the European Securities and Markets Authority, marking an important step in the process of consolidating crypto oversight. This change is intended to unify regulatory standards, reduce fragmentation issues, and strengthen compliance requirements, but it is expected to increase the compliance burden for small and medium-sized businesses. The market reacted negatively, and confidence in Bitcoin’s price outlook declined.
MarketWhisper58m ago
Hormuz Strait is interrupted again: U.S. forces’ formal blockade goes into effect, with crude oil surging nearly 10% intraday
The U.S. Navy began blockading the Strait of Hormuz starting April 13, U.S. Eastern Time, with all passage halted. Crude oil prices jumped nearly 10% in a single day, while Bitcoin fell 1.2% over the past 24 hours.
GateInstantTrends1h ago
Tom Lee says US stocks may have already hit bottom, and Bitmine is supporting the New York Stock Exchange main board listing with a 4 billion yuan backstop
Bitmine rose to the NYSE main board on April 13 and increased its share repurchase authorization from $1 billion to $4 billion to support its stock price. Chairman Tom Lee said that U.S. stocks may have already bottomed out because the Iran-Iraq ceasefire agreement eased geopolitical risks and because the fundamentals of ether (ETH) have improved. Bitmine holds about 4.8 million ETH, and each 1% increase brings roughly $100 million in asset appreciation.
MarketWhisper1h ago
Morpho Borrowers Paid $170M Interest. Aave Made More.
_Morpho borrowers paid $170M in interest over one year, Token Terminal data shows, outpacing Aave’s $140M revenue against a comparable $1.5B valuation._
DeFi lending is moving fast. And one protocol nobody was talking about two years ago just posted numbers that are turning heads across the
LiveBTCNews2h ago
BSC Chinese meme coins surge across the board, as CZ’s tweet sparks a “Crypto Summer” craze
On April 13, Chinese meme coins across the BSC chain rose across the board, led by “Binance Life,” with a weekly gain of up to 360% and an intraday increase of over 45%. CZ’s post sparked resonance with “Crypto Summer,” energizing sentiment across the entire sector. Although market sentiment has surged in the short term, the high volatility and liquidity risks of meme coins cannot be ignored, and investors need to be cautious.
MarketWhisper4h ago
