Why LayerZero (ZRO) and Canton (CC) Are Pumping While Bitcoin, Ethereum, and XRP Consolidate

The broader crypto market

As seen in the above chart, the CC price is at the foothill of a major explosion as the token appears poised to breach above the cup & handle pattern. The indicators like MACD and RSI are bullish, suggesting the rising strength of the rally along with the increase in buying pressure. As a result, a breakout from this pattern suggests a 65% jump, elevating the levels by over 65%, which is the depth of the cup and reaching $0.26.

Conclusion

Today’s action looks like a classic rotation session: BTC/ETH/XRP pause, while traders chase higher-beta names with clear narratives. For LayerZero, the focus is the post-unlock reaction—if price holds and demand remains steady, the “unlock absorbed” storyline can extend the rally, but any sign of distribution could flip sentiment quickly.

For Canton, the bid is tied to the institutional tokenization theme, with DTCC’s plans to mint certain Treasuries on Canton keeping the narrative alive. Still, if the move is mainly momentum, follow-through will depend on volume staying elevated.

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