Canton: JPM Coin Integration Boosts Blockchain; SHIB Faces Exchange Inflows

JPMorgan integrated JPM Coin with Canton Network for institutional payments according to CoinNews.

Shiba Inu (SHIB) faces renewed pressure from exchange inflows as reported.

Conflicting on-chain signals complicate SHIB's short-term outlook according to TradingView.

JPMorgan Chase expanded JPM Coin onto the Canton Network this week, enabling faster institutional settlements as detailed. This integration allows near-instant cross-border payments using blockchain rails while maintaining regulatory compliance. Meanwhile, Shiba Inu (SHIB) faces renewed pressure as 324 billion tokens flooded exchanges within 24 hours. These divergent movements highlight institutional adoption and speculative asset volatility.

What Does JPMorgan's Canton Network Move Mean for Institutional Blockchain?

JPMorgan Chase integrated its deposit token JPM Coin natively with the Canton Network according to CryptoNews. Institutions can now move digital cash near-instantly across markets within this regulated framework as reported. The development combines traditional banking safeguards with blockchain efficiency for payments and settlements. This marks a shift toward public blockchain infrastructure adoption by major financial players.

The integration provides institutional clients with faster dollar-denominated transactions according to CryptoNews. Unlike stablecoins from non-bank entities, JPM Coin represents direct claims on bank deposits. This structure offers compliance advantages for cross-border liquidity management. The move signals growing demand for blockchain speed without sacrificing regulatory oversight in institutional finance.

Why Is Shiba Inu (SHIB) Under Renewed Selling Pressure?

Shiba Inu experienced a 24-hour exchange inflow of 324 billion tokens. Such substantial deposits typically indicate heightened selling intent among holders. This contradicts earlier data showing net outflows that had eased immediate downside pressure according to TradingView. The conflicting signals create uncertainty around SHIB's near-term price trajectory.

Exchange reserves grew as inflows outpaced outflows during this period according to Bitget. This influx suggests distribution remains dominant despite recent stabilization attempts. High token velocity points toward speculative trading rather than long-term accumulation behavior. Sustained inflow trends could prolong SHIB's downside vulnerability despite forming a short-term base earlier according to TradingView.