Canton Network State of the Network Update

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Summary

The Canton Network has released its latest State of the Network update, highlighting significant ecosystem growth. Key metrics include over 35 live applications and the distribution of 500 million Canton Coins monthly as app rewards. This expansion has positioned the Canton Network as the fourth-largest blockchain based on fees burned, demonstrating its increasing activity and relevance.

State of the Network Update

We’re excited to share the latest State of the Network report!

The update highlights:
- 35+ applications now live on Canton
- 500M Canton Coins distributed monthly in app rewards
- And how this growth has helped Canton become the 4th-largest blockchain by fees burned

Check out the full update below to see how the ecosystem continues to expand: https://23136104.fs1.hubspotusercontent-na1.net/hubfs/23136104/Canton_Report_4_5_final.pdf @Announcements @Product Updates

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canton network blockchain state of the network app ecosystem fees burned crypto update

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