FIL is the next big gainer today.FIL is the next big gainer today.

Canton (CC) Rockets Again by 17%, Bitcoin (BTC) Stalls Below $88K: Weekend Watch

Bitcoin’s sluggish price performance during the last weekend of 2025 continues, as the asset has remained sideways between $87,500 and $88,000.

Most altcoins are in a similar situation, with little to no volatility from the larger caps. ZEC, DOT, UNI, CC, and NEAR have marked substantial gains from the mid caps.

BTC Trades Sideways

After a wild period that lasted for the past 10 days or so, BTC has expectedly calmed down during and after the Christmas holidays. In the past business week, it was rejected on a couple of occasions at $90,000, as the most violent one came after the US released the CPI numbers for November, which were much better than anticipated.

Bitcoin quickly spiked to the $90,000 resistance, where it faced immediate selling pressure and plunged to a multi-week low of $84,400. The bulls finally intercepted the move after this decline and began a notable recovery that culminated on December 22 with a surge to $90,400.

However, bitcoin’s inability to break through that level continued, and the asset dropped to $86,400 on Christmas Eve. It rebounded to $89,600 by Friday, where the bears resumed control and drove it to under $86,800 almost immediately. Since then, BTC has been rather calm in a tight range and now sits close to $88,000.

Its market cap remains around $1,750 trillion on CG, while its dominance over the altcoins sits at 57.3%.

BTCUSD Dec 28. Source: TradingViewBTCUSD Dec 28. Source: TradingView

CC on a Wild Run

As mentioned above, the larger-cap altcoins have shown little volatility since yesterday but are slightly in the green. ETH is close to $2,950, XRP has defended the $1.85 level, BNB is back at $850, while SOL, TRX, DOGE, BCH, and LINK are up by 1-2%. ADA has emerged as the top gainer here, surging by 5% to $0.37.

ZEC is up by over 5%, and so are UNI and NEAR. DOT and FIL have gained 8-9% each, while CC has skyrocketed by another 17%. As of press time, Canton’s token trades close to $0.12.

The total crypto market cap has added around $30 billion daily and is up to $3.060 trillion on CG.

Cryptocurrency Market Overview Daily Dec 28. Source: QuantifyCryptoCryptocurrency Market Overview Daily Dec 28. Source: QuantifyCrypto

The post Canton (CC) Rockets Again by 17%, Bitcoin (BTC) Stalls Below $88K: Weekend Watch appeared first on CryptoPotato.

Market Opportunity
Canton Network Logo
Canton Network Price(CC)
$0.12642
$0.12642$0.12642
-1.58%
USD
Canton Network (CC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX presale hits $7.5M with tokens at $0.024 and 30% bonus code BLOCK30, while Solana holds $243 and Avalanche builds a $1B treasury to attract institutions.
Share
Blockchainreporter2025/09/18 01:07
XRP Price Prediction: XRP to Soar as This Top Crypto Under $0.05 Eyes 5000% Rally

XRP Price Prediction: XRP to Soar as This Top Crypto Under $0.05 Eyes 5000% Rally

While the sentiment grows with regard to a possible positive breakout in the XRP pricing, expert investors continue to turn their attention to the best cryptocurrency
Share
Cryptopolitan2025/12/29 01:30