CIP-0129 approved on October 21, 2026: What it means for the Canton price

Published on 10/29/2026 at 13:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Canton fees reached 155.36 million USD in Q3 2026. The Canton price was 0.09660 USD on October 29, 2026, down 4.38 percent.

Universal Burn changes network fees

Super Validators approved CIP-0129 on October 21, 2026, extending the burn framework across Canton MainNet.
CertiK reported 155.36 million USD in recorded Canton fees for the third quarter of 2026.
The Canton price stands at 0.09660 USD as of October 29, 2026, -4.38 percent below the UTC daily close of October 28, 2026.
The Canton Network reported that more than 800 nodes moved to Canton BFT on October 17, 2026.

Canton, XC0CRYPTOCC0, Illustration mit AI erstellt.

Canton (CC) reached a governance milestone on October 21, 2026, when Super Validators approved CIP-0129, known as Universal Burn. The Canton Network said the framework will make every mainnet synchronizer burn CC for traffic once it is live. According to Investing.com, the Canton price is 0.09660 USD as of October 29, 2026, down 4.38 percent compared with the UTC daily close of October 28, 2026, while market capitalization is 3.87 billion USD.

CIP-0129 brings dedicated synchronizers into burns

The approved framework extends Canton Coin fee payments to production synchronizers across Canton MainNet. A synchronizer is infrastructure that orders and delivers network traffic. The Canton Network said every mainnet synchronizer will burn Canton Coin to pay for traffic under Universal Burn. The change covers dedicated infrastructure that previously used a licensing arrangement rather than the same CC burn mechanism.

CryptoTicker reported on October 24, 2026, that implementation was planned under a 2027 roadmap. The article also said the framework and later pricing parameters were separate implementation stages, so approval on October 21, 2026, did not itself complete the rollout.

Q3 fees reached 155.36 million USD

Canton recorded 155.36 million USD in fees during the third quarter of 2026, according to Altcoin Buzz, citing CertiK Skynet data reported on October 12, 2026. The report ranked Canton first among the blockchains in that comparison and calculated an average daily fee pace of 1.71 million USD.

The same report said the 155.36 million USD figure measures the dollar value of recorded fee-related token burns. It does not represent the value of assets transferred across Canton or revenue earned by financial institutions. Separately, the Canton Network reported on October 17, 2026, that more than 800 nodes moved to Canton BFT, a multi-leader ordering protocol, with almost no downtime.

October 29, 2026 market data show a 4.38 percent move

According to Investing.com, the Canton price stands at 0.09660 USD as of October 29, 2026. That is 4.38 percent below the UTC daily close of October 28, 2026. The daily high is 0.10167 USD and the daily low (UTC day) is 0.09588 USD. Market capitalization is 3.87 billion USD, ranking Canton 25th, while 24-hour volume is 13.38 million USD. Investing.com lists circulating supply at 39.94 billion CC.