Canton Network’s newly listed token, CC Coin, is drawing serious attention from both retail traders and institutions this week. After a recent volatile listing across major exchanges, including Bybit, KuCoin, Kraken, and MEXC, the Canton Network Coin Price climbed 11.1% in 24 hours to $0.1241, bouncing from a low of $0.097.
Its fully diluted valuation now sits near $4.34 billion, with trading volume topping $63 million.
The rally came just hours after Franklin Templeton expanded its Benji Technology Platform onto the Canton Network, integrating $1.69 trillion in assets under management into the blockchain’s ecosystem.
That move signaled a significant vote of confidence in Canton’s institutional-grade infrastructure, one that bridges tokenized finance and traditional markets without the typical DeFi chaos.
Canton Network Tops RWA Charts With $395B Tokenized Assets
According to Axel Bitblaze, a trader who’s tracked new token launches for years, CC’s momentum isn’t built on the usual “airdrop-farming” frenzy.
“No point farming, no kaito leaderboard, yet I see real wins,” he said, noting that $CC uses a burn-and-mint system that redistributes network fees to validators, builders, and users.
He added that top ecosystem wallets mined millions of CC tokens from on-chain activity alone, helping daily transactions climb to 740,000 and fees hit $1.15 million, among the highest across blockchains in the past 24 hours.
Meanwhile, data from RWA.xyz shows Canton leading the RWA League Table, tracking $395.9 billion in tokenized real-world assets (RWAs). That’s more than 30x Ethereum’s RWA-linked volume.
That said, the bigger story is Canton’s march toward institutional adoption. The network’s collaboration with Franklin Templeton effectively links regulated assets to blockchain-native markets, an unprecedented bridge for compliant DeFi.
The Benji Platform enables on-chain fund transfers, collateral management, and cross-market settlements for institutions, core features that set Canton apart from speculative Layer-1s.
Roger Bayston, Franklin Templeton’s Head of Digital Assets, framed the move as “meeting institutions where they’re headed.” At the same time, QCP Capital’s founder Darius Sit said their upcoming liquidity provisioning “redefines market standards.”
For traders, that means CC token’s role as the gas token for this expanding network could grow rapidly as institutional volume scales.
$CC Coin Expansion Phase May Be Next
Technical traders are also eyeing the setup. Analyst Sjuul described the canton network token chart as a “power of three” formation: accumulation, manipulation, and pending expansion.
“As long as we hold above $0.11, expansion is next,” he noted. That level, coincidentally near yesterday’s low, has become the immediate support traders are watching for continuation.
However, despite the bullish signals, there’s a catch. KuCoin’s GemPool campaign, running until November 18 with 1.66 million CC rewards, may be driving some of the short-term buying pressure. Once those incentives end, sell pressure could emerge as yield farmers rotate out.
