Canton records 155 million USD in Q3 fees: What it means for the Canton price

Published on 10/20/2026 at 13:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CantonBFT moved 800+ nodes on October 10. The Canton price stands at 0.12120 USD on October 20, 2026, up 0.37 percent.

Network activity and institutional links

CertiK said on October 12 that Canton recorded 155 million USD in Q3 fees.
A Meritz Securities memorandum dated October 15 covers Korean asset tokenization and cross-border uses.
The Canton price stands at 0.12120 USD as of October 20, 2026, 0.37 percent above the UTC daily close of October 19, 2026.
Canton Network said 800+ nodes moved to CantonBFT on October 10.

Canton, XC0CRYPTOCC0, Illustration mit AI erstellt.

Canton (CC) recorded more than 155 million USD in network fees during the third quarter, according to CertiK Skynet on October 12. The Canton price stands at 0.12120 USD as of October 20, 2026, up 0.37 percent compared with the UTC daily close of October 19, 2026.

CertiK reports 155 million USD in Q3 fees

CertiK said Canton ranked first in its comparison of third-quarter blockchain fees, with a daily median of 1.71 million USD on October 12. The figure measures recorded fee activity tied to network services rather than revenue earned by a company.

Fees on Canton are paid by burning CC, while new CC can be minted as rewards for applications and network operators. Altcoin Buzz reported on October 13 that the 155.36 million USD figure covers recorded fee-related token burns and excludes newly minted rewards. That distinction means the fee total does not by itself show the net change in circulating supply.

Meritz agreement targets Korean tokenization

Canton Foundation and South Korean financial firm Meritz Securities signed a memorandum of understanding on October 15 covering domestic financial-asset tokenization, institutional collateral and cross-border liquidity, according to Bitcoin.com News. Tokenization means representing an asset digitally on a blockchain.

The agreement is exploratory rather than a completed product. The report said the work will depend on South Korea's developing regulatory framework and whether institutional participants deploy the proposed infrastructure. That qualification is a material counterpoint to the partnership's stated scope on October 15.

CantonBFT moved 800+ nodes on October 10

Canton Network said on October 13 that more than 800 nodes had moved to CantonBFT, a Byzantine fault-tolerant ordering system that coordinates transaction order across the network. The network described the migration as having almost no downtime and as a foundation for higher throughput, according to Canton Network.

Canton trading data show 0.12120 USD

The Canton price is 0.12120 USD as of October 20, 2026, up 0.37 percent compared with the UTC daily close of October 19, 2026, according to Investing.com. The daily high is 0.12233 USD and the daily low (UTC day) is 0.11755 USD. Market capitalization is 4.81 billion USD, ranking Canton 20th, while 24-hour volume is 15.00 million USD. Circulating supply is 39.82 billion CC.