Behind CC's 3.96% increase: Why are JPMorgan Chase and Lloyds Banking Group both interested in Canton

CC (Canton) has increased by 3.96% in the past 24 hours, currently trading at $0.14, with a market capitalization surpassing $5.256 billion. It may seem like a routine minor uptick, but the story behind it is much more interesting. This surge coincides precisely with major collaborations announced by institutions like JPMorgan and Lloyds Bank, reflecting a critical turning point as Canton transitions from concept to practical application.

Why Canton Can Attract Institutional Giants

Actions by JPMorgan and Lloyds Bank

According to the latest news, JPMorgan’s blockchain division Kinexys and Digital Asset announced plans to phasedly deploy JPM Coin (a dollar deposit token) natively on the Canton Network by 2026. This is not just a simple technical integration but a public endorsement of Canton by one of Wall Street’s largest financial institutions.

Almost simultaneously, Lloyds Bank, the third-largest bank in the UK, completed the UK’s first transaction using tokenized deposits to purchase government bonds. This collaboration with Canton Network verified the practical value of tokenized deposits. The transaction demonstrated Canton’s advantages in real-time settlement, automated protocols, and increased transparency.

Specific manifestations of institutional recognition

The Canton Network ecosystem is gradually improving, and key indicators reflect this:

More importantly, Nasdaq recently became a super validator for Canton Network, gaining the highest weight of up to 10 super validators through the Canton token economy and the oversight of the Accountability Committee. This marks the official entry of one of the world’s largest electronic trading markets.

What Do These Actions Mean

From Concept to Application

Canton Network is positioned as “the fusion of capital market strength and real blockchain value,” which is not just marketing language but backed by real substance. The network includes many institutional members such as Broadridge, Digital Asset, Euroclear, Tradeweb, providing applications like blockchain explorers, cross-chain bridges, custody wallets, DeFi, and asset tokenization.

Deployments like JPMorgan’s JPM Coin, Lloyds Bank’s tokenized deposit transaction, and Nasdaq’s joining as a validator are not isolated events but continuous steps in moving the Canton ecosystem from theory to practice.

Why Choose Canton Over Other Chains

Canton’s core competitive advantage lies in balancing compliance and privacy. Traditional financial institutions do not need a decentralized utopia but require infrastructure that meets regulatory requirements, protects transaction privacy, and enables real-time settlement. Canton precisely offers these features.

Rational View on CC’s Price Rise

Institutional Adoption ≠ Continuous Rise in Retail Cryptocurrency Prices

It’s important to clarify: JPMorgan’s deployment of JPM Coin and Lloyds Bank’s tokenized deposit transactions are institutional applications mainly serving settlement and trading between financial institutions. These are parallel to, not directly influencing, retail-driven crypto price movements.

JPM Coin is a private token issued by JPMorgan, representing USD deposits, not a freely circulating cryptocurrency. Lloyds Bank’s transactions are also conducted within strict compliance frameworks. The success of these applications does not directly push up CC’s market price.

Short-term Market Observation

As of press time, CC has increased by 3.96% in the past 24 hours, reaching a high of $0.18 and a low of $0.13. Such volatility is normal in the crypto market. Over the past 7 days, CC has fallen by 12.87%, but over the past 30 days, it has risen by 91.17%, indicating an overall positive trend with short-term adjustments.

The 24-hour trading volume is $26.92 million, down 5.45% from the previous day, showing a slight decline in trading activity.

Future Focus Areas

The true value of the Canton ecosystem lies not in the token price but in the ecosystem’s maturity and the scale of practical applications. The following areas are worth continuous monitoring:

• The specific progress of JPMorgan’s JPM Coin deployment in 2026
• Whether more traditional financial institutions will follow suit by deploying stablecoins or digital assets
• Whether the daily average fees on Canton Network will continue to grow, reflecting increased real-world usage
• Whether other stablecoins (USDC, USDT, etc.) will also choose Canton as a deployment platform

Summary

The 3.96% increase in CC reflects the stage where the Canton ecosystem is moving from proof of concept to real-world application. Actions by JPMorgan, Lloyds Bank, Nasdaq, and others are aligned: viewing Canton as an institutional-grade blockchain infrastructure.

However, this does not mean CC’s price will continue to skyrocket. The success of institutional applications provides long-term fundamental support, not short-term hype. For ordinary investors, understanding the true value of Canton is more important than chasing short-term gains. Canton is working on transforming financial infrastructure—a long-term game.