SEC classifies Canton crypto as a digital commodity, boosting market confidence but sellers still dominate.

The SEC Division of Corporation Finance declared Canton (CC) a digital commodity, stating its value comes from the Canton Network's operations and market dynamics, not profits from others. This decision provides legal clarity, encouraging institutional adoption, with major players like JPMorgan and Fidelity involved in tokenization on the network. Canton’s price responded positively, rising from $0.093 to $0.0986, though selling pressure remains strong, indicating cautious investor sentiment. If buyers gain momentum, CC could surpass $0.1, but continued selling may push it back to $0.092.

Canton (CC) holds a market cap of Rp70,8 trillion and a 24-hour trading volume of Rp560,47 million on Pluang as of Nov 04, 2026 21:21 WIB. The token shows a positive order imbalance with 84% buy activity versus 16% sell, and a typical hold time of 10 days. CC trades at Rp1.768, up 1.36% in the last day, reflecting steady interest among Pluang users despite the article's mention of price fluctuations around the $0.10 level.