In a significant development for the cryptocurrency landscape, Canton Network has emerged as the top performer of the week ending December 29, 2025, showcasing an impressive return of 41.97%. This surge is attributed to a wave of institutional adoption and strategic partnerships that have gained momentum across various sectors of the market.
Canton Network claimed the number one spot with a market capitalization of $4.7 billion and a trading price of $0.1280. This remarkable growth reflects a transformative shift in how Wall Street perceives blockchain infrastructure, moving beyond mere speculation. Central to this rally was an announcement from The Depository Trust & Clearing Corporation (DTCC) made in mid-December, revealing plans to tokenize a portion of U.S. Treasury securities held on the Canton Network.
This development, especially with the backing of a no-action letter from the U.S. Securities and Exchange Commission, represents one of the clearest endorsements for on-chain treasuries within the regulatory framework. Current estimates suggest that over $300 billion in daily transaction volume flows through applications built on this network. Additionally, DTCC, which manages nearly $3.7 quadrillion in securities transactions annually, will serve as a co-chair of the Canton Foundation alongside Euroclear.
As a privacy-enabled Layer-1 blockchain, Canton strikes a balance between the decentralization offered by public blockchains and the essential privacy and control of data required in financial markets.
In the rankings, the second position was held by 0G Foundation (0G), which saw a 29.14% increase, trading at $1.06 with a market capitalization of $224.50 million. Following closely, Decred (DCR) secured the third spot with a 22.94% rise to $19.48, backed by a market cap of $334.61 million. The hybrid proof of work and proof of stake system employed by Decred has garnered attention from institutional analysts who are increasingly prioritizing projects with robust governance frameworks.
Privacy tokens have seen substantial interest, underscoring a market shift towards projects that emphasize governance and quantum-resistant security protocols. Plasma (XPL) rounded out the top four with a 22.29% weekly growth, trading at $0.1622 and a market capitalization of $291.94 million. However, despite this weekly progress, Plasma”s value has plummeted over 90% from its peak of $1.68 in late September 2025, illustrating a significant gap between network usage and token valuation.
This week”s gains occurred even as the Crypto Fear & Greed Index remained low at 29 points, categorizing the sentiment as “Fear.” Throughout the week, total cryptocurrency market capitalization fluctuated between $2.93 trillion and $3.0 trillion, with Bitcoin maintaining approximately 59% dominance in the market.
The notable performances of this week highlight a shift in focus towards institutional infrastructure rather than retail speculation. The regulatory approval for Treasury tokenization for Canton, Decred”s governance-centered design, and Plasma”s capabilities in settling large transaction volumes all signify efforts to align traditional finance with blockchain technology.
This week”s top performers illustrate a trend that favors investing in sustainable infrastructure over reactionary responses to short-term news cycles. Canton”s alliances with institutions, Decred”s established governance model, and Plasma”s capacity for high-volume settlements provide distinct value propositions compared to the entities that led previous bull markets.
