Canton Token ETF application sparks heated discussion, with a 54.5% increase. Can it challenge established networks like XRP?

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【Crypto World】Last week, the crypto market made new moves again. Canton token surged 54.5% over the week, reaching a high of $0.1479, with a market cap approaching $525.44 billion, attracting the attention of many institutions.

Currently, leading financial institutions are filing applications for 11 strategic crypto ETFs, with the Canton token ETF prominently listed, standing on the same starting line as projects like AAVE and UNI that have already entered the market. This timing is quite interesting—industry insiders are quite divided on Canton’s potential in the tokenization of real-world assets.

Well-known industry figures like Charles Hoskinson have publicly questioned: Can Canton’s scale and ecosystem maturity really compare to established networks like XRP? This debate has extended from token fundamentals to ecosystem prospects, and it seems this project still needs time to prove itself.

XRP-1.65%
AAVE-2.22%
UNI-4.04%
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ContractExplorervip
· 6h ago
54.5% increase, and now they’re starting to file for ETFs? I’m a bit skeptical about that. Can Canton really be on the same level as AAVE and UNI? Let’s see if it can survive the next bear market first. Tokenization of real-world assets sounds great, but what does Canton have to compete with? Another wave of institutional speculation. I bet this round will end with more profit-taking and chopping up the retail investors. With so many players in the RWA track, why can Canton break through? It just feels like hype and concept speculation. Wake up, everyone. What actual application support does 0.1479 really have?
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LuckyBearDrawervip
· 6h ago
A 54.5% increase sounds impressive, but I still need to see if Canton really has the skills. ETF dares to compare with AAVE and UNI right after launch? This pace is a bit fast, worried that it might be a trap. RWA is indeed a hot track, but why can Canton stand out from a bunch of projects? Everyone should know the answer. It's both institutions and ETFs. Feels like every time this combo is used, the subsequent gains aren't as good. Market cap approaching 525.4 billion? Numbers can be misleading; we still need to see if there are real use cases. Canton's story is quite well told, but how far it can go is hard to say. Anyway, I'm just observing for now. Is this wave driven by institutions speculating or does it really have potential? We need to see how it develops further; it's too early to draw conclusions now.
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defi_detectivevip
· 6h ago
A 54.5% increase is a bit exaggerated, is it really just the prelude to another round of retail investors getting burned? It's quite interesting that Canton is entering the ETF ranks, but the RWA track is so crowded... who knows how far it can go. Honestly, I don't have much impression of Canton. When institutions rush to apply, it's often a top signal. Another one challenging XRP? History always repeats itself. Is this wave of Canton actual application or just hype? It depends on the specific implementation of tokenized assets later on. Will it take off immediately if the ETF passes? Wake up, there are still a bunch of altcoins hoping to get through this. I don't know when, but a surge in gains is now seen as a sign of good prospects—laughable. The RWA concept is so popular, does Canton really have a technological moat or is it just following the trend? Institutional applications are so concentrated that I find it a bit suspicious—could this be a sign of profit-taking? Can Canton surpass XRP? First, get the fundamentals straight. It looks like just another air coin to me.
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APY追逐者vip
· 6h ago
54.5% increase, which "dark horse" is harvesting the leeks this time... --- Canton ETF being mentioned alongside AAVE and UNI? That's a bit ambitious. --- RWA track is indeed hot, but how much energy Canton really has depends on its subsequent performance. --- Institutions are densely applying for ETFs, is the hype cycle coming again? I'm scared. --- Is the market cap of 525.4 billion about to break through? The numbers look a bit虚虚. --- To be honest, how far Canton can go still depends on the real demand for tangible assets, not just hype. --- Industry division is normal, which indicates that Canton has not yet reached a consensus, and the risk is indeed high.
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