The sales wave in the crypto market is highlighting blockchains with real business models; value flows to token holders and users, excluding intermediaries or speculative order flows. Digital Asset’s co-founder and CEO Yuval Rooz stated in an exclusive interview with Cointelegraph that he is not worried about market turbulence and that the main customer base is unaffected. He emphasized that investors are turning to CC detailed analysis and platforms like Hyperliquid; Canton’s crypto asset rose 25% last month, Hyperliquid (HYPE) rose 28% (CoinGecko data).
CC Price Analysis: Critical Support and Resistance Levels
CC is currently trading at $0.17 (24h: -%2.38). RSI at 52.96 is neutral, overall trend is bullish but Supertrend is giving a bearish signal. EMA 20: $0.1641.
- Supports: S1 $0.1636 (Strength: 85/100 ⭐⭐⭐⭐, -%0.91 distance, Fibo 0.786, Ichimoku); S2 $0.1376 (73/100 ⭐⭐⭐, -%16.66).
- Resistances: R1 $0.1744 (70/100 ⭐⭐⭐, +%5.63, Previous day high); R2 $0.1931 (66/100 ⭐⭐⭐, +%16.96, BB Upper).
CC futures are ideal for hedging against volatility.
Rooz argued that bridges do not provide real interoperability, are targets for hackers, and attract regulators’ attention. According to Elliptic, 21.8 billion dollars in illicit funds passed through bridges and DEXs in 2025. Institutions like DTCC and Euroclear want privacy, bridgeless connectivity, and predictable fees. Despite this, BlackRock’s BUIDL fund is on ETH detailed analysis, Franklin Templeton’s BENJI tokens were tokenized on Polygon and Stellar (XLM). JPMorgan moved JPM Coin to Coinbase Base and plans to bring native USD JPM Coin (JPMD) to Canton Network in 2026; stablecoins (USDC, USDT) are treated like collateral.
Yuval Rooz, Digital Asset cofounder and CEO. Source: Digital Asset
Frequently Asked Questions About CC
- Why is CC rising during the market sell-off? Thanks to real business models and institutional integrations (Canton Network), value flow is directed to users.
- How strong are CC support levels? S1 $0.1636, very strong with 85/100 score; recovery expected if it holds.
- Why are bridges risky, is CC an alternative? High hacker and regulator risk; bridgeless networks like CC are preferred by institutions.
Source: https://en.coinotag.com/cc-and-canton-rise-amid-crypto-sell-off-wave
