Ondo and Canton Network tokens rallied despite a broader cryptocurrency market downturn as investors responded positively to new institutional partnerships and real-world asset tokenization developments.

Key points

• Canton Network’s CC token rose 7% after Visa joined the platform as a super validator to support privacy-preserving institutional transactions.
• Ondo Network’s ONDO token gained 9%, driven by a new partnership with Franklin Templeton to tokenize traditional financial assets.
• Bitcoin and Ether prices declined amid macroeconomic pressures, including rising bond yields and geopolitical tensions in the Middle East.
• Spot Bitcoin and Ether ETFs recorded significant daily net outflows of $171.3 million and $92.5 million, respectively.

These gains highlight that specific institutional adoption milestones can decouple certain digital assets from broader market volatility caused by macroeconomic uncertainty. The focus on privacy-preserving infrastructure and real-world asset tokenization signals a shift toward integrating blockchain technology into traditional financial systems.