Haciyev Reşit 
Canton Network (CC) has drawn significant attention in the cryptocurrency market in recent weeks thanks to its strong performance. A price increase of nearly 40% has quickly turned CC into one of the most talked-about projects in the market. In particular, the strategic partnership announced with DTCC has significantly strengthened Canton Network’s credibility on the institutional front.
What Does the Canton Network–DTCC Partnership Mean?
Through its partnership with The Depository Trust & Clearing Corporation (DTCC), Canton Network has secured a strong position in the institutional tokenization space. As part of this collaboration, assets held under The Depository Trust Company, which operates within the DTCC framework, are planned to be tokenized on Canton Network. The goal is to provide regulated financial institutions with a compliant, privacy-focused blockchain infrastructure. This development has been interpreted as validation of Canton Network’s architecture at an institutional scale. For investors, it demonstrates that the project offers real-world use cases rather than remaining purely theoretical.
“This initiative with Canton Network represents an important step toward broader adoption of digital assets in regulated financial markets.”
— Statement from a DTCC representative
On-Chain Data Shows Growing Interest in CC
One of the key drivers behind the price increase has been the sharp rise in on-chain activity. Data from the past 24 hours indicates that Canton Network recorded around 24,000 active addresses, collectively executing more than 500,000 transactions. These figures suggest genuine network usage. By comparison, many major projects report much lower active address counts. This supports the view that CC’s price increase is not purely speculative, but at least partly driven by real usage.
Do Technical Indicators Support the Rally?
On the technical analysis side, several positive signals are emerging for CC. The Relative Strength Index (RSI) remains above neutral levels, indicating that buyers are currently in control. The Parabolic SAR indicator also confirms that the uptrend is still intact. However, as RSI approaches overbought territory, the risk of a short-term correction increases. Such pullbacks may be considered a healthy part of an ongoing trend.
Canton Network is currently trading around $0.106. A sustained breakout above the $0.109 resistance level could pave the way for a move toward $0.118. If that level is cleared, $0.133 could come into focus. On the downside, $0.101 stands out as a critical support level. Losing this support could push the price down to $0.089, weakening the current bullish scenario.
Assessment
Thanks to its partnership with DTCC, Canton Network (CC) has established a strong position in the field of institutional blockchain solutions. Rising on-chain activity, supportive technical indicators, and growing market interest suggest that the recent price increase is fundamentally supported. While short-term volatility remains possible, Canton Network’s vision for institutional tokenization is likely to remain closely watched over the medium and long term.
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