According to external sources, the rhythm of Wall Street agencies using block-link clearing networks is still advancing. The Canton Network, supported by DTCC and Morgan Chase, has generated about $6.08 million over the past 30 days, indicating a continued increase in agency-side usage. However, the price of CC tokens has not yet given a clear response compared to the synchronous growth of network activity.

Cost growth did not lead to price breakthroughs

The report mentions that CC has remained relatively narrow in recent times. On the graph, the price had previously rebounded from around US$ 0.1497, and the area was considered to be the main anchor at the current stage of consolidation. At the same time, the relatively strong and weak index has entered the oversale range.

Usually, over-sale readings mean that the pressure may be reduced; when supported by a combination of key, the market tends to begin to focus on rebound signals. But to date, CC has not made a decisive breakthrough, and the gap between price performance and basic improvements remains.

Unsettled contracts raised to $29 million

According to the article, more of the concern is the mismatch between Internet use and the price of tokens. The continued increase in costs reflects an increase in the frequency of use by institutional participants, but this change has not yet been fully reflected in prices.

  • In the past 30 days, the network costs about $6.08 million.
  • CC, maintain the cleanup near critical support.
  • Irregular contract raised to $29 million in 24 hours.

The rise in unsettled contracts usually means greater market participation. According to this article, institutional demand may be building up, although the response at the price level remains slow.

The market's focused on breaking the flag.

In graphics, CC is still in the flag area. Such patterns are often seen as continuing patterns, so market concerns are focused on the possibility of moving upwards to the current zone.

If subsequent purchases are followed up and the use of the network continues to increase, the deviation between fundamentals and prices may be narrowed. Conversely, if prices continue to remain within existing zones, this suggests that the adoption of growth by institutions has not yet translated into broader market pricing.