Canton’s rise to the top of the most profitable; CC joined the top 20 cryptocurrencies of the market!

study time:2minutes

The price of Canton digital currency (CC) has jumped 14% to $0.147 today, and while climbing to the top of the most profitable market, its trading volume has also increased by almost 50%.

This sudden growth is not without reason; Several important drivers have affected the market at the same time.

The biggest driver is confirming Nasdaq’s presence as the top validator in the Canton network; The news that greatly increased the credibility of the project and shows that this network is moving in the direction of legal financial and organizational asset management, not just speculation.

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At the same time, Bitwise has applied for the issuance of an ETF linked to the CC digital currency, which, although there is no guarantee of its approval, will strengthen Canton’s presence on the radar of financial institutions.

This news has made CC to surpass Sui (SUI) and Avax (AVAX) in terms of market value and enter the top 20 currencies of CoinMarketCap.

According to analysts, as long as the price of CC remains above the $0.14 range, the structure remains positive and bullish.