Canton Network rallies 10.61% nearing key $0.1668 resistance amid rising institutional interest.

Canton Network's token price surged 10.61% to $0.1652 with trading volume up 22.28%, driven by growing institutional adoption and anticipation of the DTCC soft launch in July. Despite the rally, net outflows from exchanges suggest accumulation rather than selling, reflecting trader confidence. Positive derivatives funding rates indicate bullish sentiment as Canton tests a critical resistance at $0.1668, with potential to reach $0.20 if support holds. However, another rejection could keep the price range-bound for now.