Canton Dips After DTCC Rally as Toncoin and Lido DAO Gain Institutional Momentum

The cryptocurrency market remained subdued on Monday, but several key tokens bucked the trend. Canton (CC) saw a sharp pullback after a brief rally, while Toncoin (TON) and Lido DAO (LDO) extended gains. Market watchers attributed the moves to a mix of institutional interest and evolving technical indicators.

Canton's token had surged nearly 27% in the previous week following news that DTCC planned to tokenize U.S. Treasuries on the Canton Network. However, the token gave back some of those gains on Monday. Traders and analysts are closely watching whether Canton can stabilize above key support levels before reversing higher.

Meanwhile, Toncoin continued its upward momentum, approaching its 50-day Exponential Moving Average. Lido DAO also showed resilience, breaking out of a descending wedge pattern on the charts. Both tokens appear to be gaining traction among investors betting on long-term bullish setups.

Institutional Adoption and Canton's Retreat

The recent surge in Canton came on the back of strong institutional interest. DTCC's announcement to tokenize U.S. Treasuries using the Canton Network has drawn attention from investors seeking exposure to real-world assets on blockchain. The move is part of a broader trend of tokenized assets gaining traction in 2025, with U.S. Treasury products now representing over $9 billion in tokenized value according to recent reports. However, the recent pullback in Canton raises questions about whether the token can sustain its momentum amid a largely flat cryptocurrency market.

Technical indicators suggest mixed signals for Canton. The token's RSI is currently at 73, indicating overbought conditions, while the MACD remains bullish. If the price reclaims the $0.1636 resistance level, it could signal a new phase of accumulation by long-term investors. A breakdown below $0.1215, however, would expose the $0.1000 level as the next major test of support .

Toncoin and Lido DAO Gain Technical Momentum

Toncoin's performance highlights the token's strength in the current market environment. The token has risen for eight consecutive days, with bulls targeting the 50-day EMA near $1.69. If TON manages to break through this level, the R1 Pivot Point at $1.79 becomes a new focal point for traders. The RSI at 59 and rising MACD suggest continued buying pressure, but a reversal could bring the $1.444 support level into play .

Lido DAO's recent breakout from a descending wedge pattern has positioned the token for further gains. The token's rise to the 50-day EMA at $0.6431 could be a critical milestone. If LDO successfully clears this level, the R1 Pivot at $0.7194 becomes the next resistance to watch. A failure to hold above $0.5743 would negate the breakout, potentially sending the token back toward the S1 Pivot at $0.5118 .

What This Means for Investors

Investors are closely watching how these tokens perform amid a broader market slowdown. Toncoin and Lido DAO appear to be benefiting from favorable technical setups and growing adoption in the DeFi and tokenized asset space. Meanwhile, Canton's recent pullback tests the resolve of investors who were drawn in by the DTCC partnership.

For now, traders are balancing optimism with caution. The recent tokenized Treasury announcement by DTCC has added a layer of institutional credibility to the Canton Network, but price movements must align with broader market sentiment to maintain confidence. As the year draws to a close, investors are likely to assess whether these tokens can hold their current positions or whether further consolidation is necessary before a new wave of momentum emerges.