Canton Climbs as Nasdaq Validator Move Boosts Institutional Credibility

• Canton (CC) surged 18% to $0.17 with market cap exceeding $6 billion.
• Nasdaq joined as a Super Validator, enhancing institutional credibility.
• DTCC plans US Treasury tokenization on Canton in 2026.
• Technical indicators signal potential consolidation after breakout.

Canton's CC token rallied sharply to $0.17, adding over 18% in 24 hours. This surge expanded its market capitalization beyond $6 billion, cementing its position among top digital assets. Key catalysts include and growing tokenization momentum.

Why Is Canton Gaining Traction Among Institutions?

Nasdaq joining as a Super Validator boosts Canton's enterprise finance credentials significantly. The network processes $6 trillion in real-world assets and $350 billion in daily treasury activity. DTCC confirmed plans to tokenize US Treasuries through Canton in 2026 following SEC approval.

Institutional demand grows with Goldman Sachs and Chainlink partnerships strengthening compliance infrastructure. The network enables privacy-preserving atomic settlements for regulated entities. This positions Canton uniquely for the expanding tokenized asset market.

Can CC Sustain Its Recent Price Surge?

CC faces resistance near $0.180 after breaking past $0.157 support. Technical indicators show potential pullback with RSI bearish divergence emerging. Trading volume exceeded $51 million as investor interest jumped.

Token burns remove supply daily, averaging 6.71 million CC eliminated recently.
On-chain activity remains strong with over 500,000 transactions in 24 hours. The network must maintain $0.166 support to avoid deeper consolidation.