Canton's market cap surpasses SHIB to rise to 25th place, RWA track competition intensifies

2025-12-28 17:20:11

【Crypto World】Canton Token’s recent performance has been truly astonishing—the market capitalization has already surpassed Shiba Inu. Currently, Canton ranks 25th with a market cap of $4.6 billion, while SHIB falls behind with a market cap of $4.34 billion.

In terms of price performance, it’s also quite impressive. Canton’s trading price is around $0.1254, having surged 14.05% in the past 24 hours, with a weekly increase of 17.04%. In comparison, SHIB’s gains are much more modest.

What does this reversal reflect? Canton mainly targets institutional investors and is positioned as a platform in the RWA (Real-World Asset Tokenization) sector. This sector has indeed been gaining popularity recently. However, Cardano founder Charles Hoskinson has expressed a different opinion. He believes that in the multi-trillion-dollar RWA market, established networks like XRP should have stronger operational advantages and larger market space. This highlights ongoing industry debate over who will dominate the RWA sector.

SHIB-0,52%

ADA-1,83%

XRP-1,06%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

GasFeeCrier

· 2025-12-31 08:17

Canton shorted SHIB? Damn, the hype is really real

View OriginalReply0

LiquidityHunter

· 2025-12-28 17:47

Haha, Canton’s move this time is really awesome, directly grinding SHIB into the ground. Institutional funds really have the say. The RWA track has indeed taken off, but it feels like there's quite a bubble, so be careful. Canton only rose 17% but already overtook, SHIB, this old-timer, is really not exciting. Whoever bottomed out during this wave probably laughed to death; surely someone took full chips in the middle. However, institutional trading is stable, retail investors still need to watch out and not get cut.

View OriginalReply0

CryptoMotivator

· 2025-12-28 17:46

Canton's recent surge is incredible, surpassing SHIB.

View OriginalReply0

DeFiChef

· 2025-12-28 17:29

Wow, Canton is really on the rise this time, even surpassing SHIB? The RWA track definitely has some potential.

View OriginalReply0

Layer2Arbitrageur

· 2025-12-28 17:26

LMAO, 4.6 billion market cap surpasses SHIB? Forget it, calculating the gas costs, this wave of liquidity depth can't really support large institutional transactions, and the basis has long been wiped out.

View OriginalReply0