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Canton’s CC token surged more than 25% on Christmas Eve, emerging as the top-performing crypto asset despite weak overall market sentiment.
The rally occurred during thin holiday liquidity, amplifying price moves across selected assets.
CC outperformed major cryptocurrencies and privacy-focused tokens over the 24-hour period.
Market participants said the move was not driven by retail speculation or seasonal trading behaviour.
Instead, investors pointed to growing institutional interest in regulated blockchain infrastructure.
Canton Network is a privacy-enabled layer-1 blockchain built specifically for financial institutions.
The network allows on-chain transactions while keeping sensitive data private.
Privacy features are considered essential for banks, clearing houses and asset managers operating under regulatory constraints.
CC serves as Canton’s utility token and is used for transaction fees, network security and validator incentives.
Its valuation is more closely tied to institutional usage than retail activity.
As a result, CC price movements tend to react sharply to infrastructure-level developments.
Momentum accelerated after the Depository Trust & Clearing Corporation confirmed progress on tokenising US Treasury securities.
The tokenisation initiative involves assets custodied by the Depository Trust Company and settled on the Canton Network.
The project follows a non-action letter issued by the US Securities and Exchange Commission.
The letter allowed DTCC to proceed with live tokenisation infrastructure without enforcement action.
Market observers described the move as one of the clearest regulatory endorsements for on-chain Treasuries to date.
Following the update, investors began repricing Canton as core financial infrastructure rather than a speculative blockchain.
Earlier in December, Canton strengthened its real-world asset stack through a partnership with RedStone.
RedStone became the network’s primary oracle provider.
The integration enables compliant, real-time price feeds for tokenised assets.
Developers said this bridges institutional finance with decentralised applications without compromising privacy.
Industry estimates suggest more than $300 billion in daily transaction volume already flows through applications built on Canton.
These volumes highlight the network’s growing role in traditional financial settlement.
The CC rally stood out as broader crypto markets remained cautious into year-end.
Investors are increasingly differentiating between speculative tokens and regulated financial infrastructure.
Capital is shifting toward protocols aligned with compliance and real-world adoption.
Analysts said the low-liquidity holiday session intensified the move but did not create it.
Instead, the rally reflected where institutional capital is positioning ahead of 2026.
CC’s performance underscored a widening gap between infrastructure-driven assets and retail-led tokens.
Market participants said privacy-enabled compliance is becoming a central narrative.
Canton’s positioning places it firmly within that theme.
On Christmas Eve, investors responded by bidding CC sharply higher.
At the time of reporting, Canton price was $0.104.