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Canton Network Price Update: CC at $0.156 with 24-Hour Trading Volume of $20.5M

Canton Network Price Update: CC at $0.156 with 24-Hour Trading Volume of $20.5M
Summary
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    Canton Coin (CC) price reached $0.155971 USD today.

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    24-hour trading volume for CC was $20,547,801 USD.

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    Canton's market cap is approximately $5.98 billion USD.

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    Canton Coin's circulating supply is around 38.35 billion CC.

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    Canton Coin is ranked #16 on CoinMarketCap.

Article

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What Is Canton (CC)?

The Canton Network is a layer 1 smart contract blockchain with configurable privacy and controls solving for public network adoption of RWAs and TradFi institutions. The network uses a two-tier consensus mechanism allowing for unlimited horizontal scalability of the network while maintaining full smart contract interoperability across it. The Global Synchronizer acts as a network backbone for the ecosystem.

Canton Coin (CC) is a utility token used to pay application and infrastructure fees on the Global Synchronizer, as well as to incentivize and reward network stakeholders.

All canton Coin are earned for utility brought to the network

Running the Global Synchronizer (Super Validator rewards)

Running full nodes to provide network access (Validator rewards)

Running apps and services (Application rewards)

Available rewards are determined by a set mining curve including halvings and splits between the three groups.

All fees are burned to enable efficient price discovery based on utility through Burn Mint Equilibrium (BME)

How Many Canton Coin (CC) Are There in Circulation?

The Global Synchronizer MainNet and Canton Coin launched July 2024. There was no pre-mine, pre-sale, or similar. All Canton Coin are earned and mined as rewards for utility brought to the network. As of February 2025, ~22bn CC are in circulation. The total minable CC over the first ten years of the network is set at ~100bn CC. After 10 years, a constant stream of 2.5bn CC rewards per year is available. Total supply at any point in the future depends on the amount burned for fees.

Who Are the Founders of Canton Network?

Canton Network and the Global Synchronizer Foundation were launched by a range of institutions across TradFi and Crypto. The Global Synchronizer Foundation is managed by the Linux Foundation. Members include: 7Ridge, Bitwave, Broadridge, Calastone, Cumberland, Digital Asset, Equilend, Euroclear, Global Blockchain Business Council, IntellectEU, Kaleido, LendOS, Liberty City Ventures, MPCH, Obsidian Systems, SBI Digital Asset Holdings, Taurus, Tradeweb

Digital Asset, the company that developed the Canton blockchain protocol and its Daml smart contract language was founded by

Yuval Rooz; ex-Citadel, ex-DRW, Founder DRW VC

Eric Saraniecki; ex-DRW, co-founder Cumberland

Shaul Kfir; co-author libsnark, co-founder Bits of Gold

What is Canton (CC)?

Apple Inc.

Taiwan Semiconductor Manufacturing Co Ltd

Meta Platforms, Inc.

Tesla, Inc.

Berkshire Hathaway Inc.

The live Canton price today is $0.155971 USD with a 24-hour trading volume of $20,547,801 USD. We update our CC to USD price in real-time. Canton is up 4.96% in the last 24 hours. The current CoinMarketCap ranking is #16, with a live market cap of $5,981,096,142 USD. It has a circulating supply of 38,347,569,989 CC coins and the max. supply is not available.

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