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Canton Price Enters the Top 30 — Why Canton Crypto Is Trending Right Now

Published by
Sahana Vibhute

Canton crypto has quietly climbed into the top 30 cryptocurrencies by market capitalisation, drawing attention from traders at a time when much of the broader market remains stuck in tight ranges. While sudden ranking jumps often raise questions about hype, Canton’s recent move appears to be driven by a mix of institutional developments and short-term market rotation, rather than price action alone.

So why is Canton trending now, and does this move deserve attention beyond a single rally?

Latest Price Action: What CC Price Is Doing Right Now

In the past few sessions, Canton (CC) has seen a sharp expansion in activity. Price has rallied roughly 25–35% on a short-term basis, moving from the $0.07–$0.08 zone toward highs near $0.10–$0.11, before cooling off. This move pushed Canton into the top 30 by market capitalisation, with market cap rising to roughly the $3–3.5 billion range.

Trading volume has increased alongside the price move, rising multiple times compared with its recent daily average, which confirms that the rally was driven by participation rather than thin liquidity. Since the initial push higher, CC has started to consolidate, with the price hovering above the $0.085–$0.09 support area while facing resistance near $0.10–$0.11.

DTCC’s Entry Puts Canton Back in Focus

On December 19, the Depository Trust & Clearing Corporation (DTCC) joined the Canton network as a super validator and governance co-chair. DTCC plays a central role in traditional finance, processing settlement volumes measured in quadrillions of dollars annually. Its involvement signals that Canton is being tested within regulated financial infrastructure, not just crypto-native environments.

This role allows DTCC to participate directly in network governance and validation while also enabling experiments with tokenised assets on Canton. For institutions, this matters because it allows selected assets to move between traditional systems and on-chain formats without abandoning existing compliance frameworks.

U.S. Treasury Tokenisation Pilot Adds Context

Alongside the validator role, DTCC is working with Securitise on a pilot project to tokenize U.S. Treasury securities on Canton starting in 2026. The initial target is to bring over $1 billion worth of Treasuries on-chain, focusing on faster settlement, improved transparency, and cross-platform interoperability.

While still early and limited in scope, the choice of U.S. Treasuries is important. These are among the most conservative and widely held assets in global finance. Tokenising them serves as a test case for whether blockchain infrastructure can be used inside regulated markets without compromising control or compliance.

What the Canton Price Action Is Saying

Since its inception, the Canton price has been facing immense upward pressure that points towards profit extraction. However, the recent price action has recovered the loss incurred in the past 30 days, which suggests bulls are slowly reclaiming their dominance. 

As seen in the above chart, the CC price has cleared the pivotal resistance, which has been acting as an important trend reversal zone. The RSI has risen and reached the overbought zone in the short term, flashing the possibility of a minor pullback. The volume has risen in the past few hours, which may keep the volatility elevated. Small price deviations can be expected in the short term, but the support at 0.236 could be held strongly if it fails to defend the current support zone between $0.093 and $0.096. 

The Bottom Line!

Canton’s entry into the top 30 reflects a shift in attention, supported by real institutional experiments rather than pure speculation. That makes it worth watching, especially in a quiet market. However, ranking alone is not confirmation of a long-term trend.

For now, Canton fits best as a watchlist asset. Traders should focus on how the price behaves as excitement cools, rather than chasing strength. Whether this move develops into something more durable will depend on structure and sustained interest—not just its current position on the rankings.

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

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