Canton Network captured about 42% of all blockchain revenue in the first quarter of 2026, rising above Messari’s earnings as social networks grow.
The chain generated about $193 million of the $457 million in total payments on the 21 blockchains that Messari tracked, according to its Q1 2026 State of Blockchains report.
Why Canton Jumped to the Top in Pay
Canton Network became the first among the 21 payment networks in Q1 2026. Its share of $ 193 million represents about 42% of the whole group. Interest rates were up about 2% from the previous quarter.
That gain was evident in a weak market. Many networks saw key metrics decline as prices traded for the quarter. Canton moved to the other side, lifted growing adoption of crypto not retail sales.
Despite the news, however, its native token, Canton Coin (CC), traded close to $0.15 at the time of writing. It’s down about 3% in the last 24 hours, leaving CC at number 20 by market value despite its early start. setting up charts.
Factors That Caused Wage Growth
Canton runs as Layer-1 built for managed organizations. Digital Asset launched the network in May 2023 together with more than 30 financial companies.
It uses the secrets of the Global Synchronizer, which is now managed by the Canton Foundation under the Linux Foundation, which allows separate systems to be synchronized.
Co-founders include Goldman Sachs, BNP Paribas, and Deutsche Börse. JPMorgan’s Kinexys division moved to file its JPMD trademark in Canton in January, and DTCC is working on a US filing. Wealth and care. HSBC completed a tokenized deposit pilot on the network in April.
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Charges rose as global real estate, repo markets, and banks are issuing bonds on the chain to climb.
Messari noted that the real economy is increasing while other metrics are declining across the region.
Q1 2026 State of Blockchains are alive. 21 networks, five metrics, one clear theme: at least a few networks have increased fees, stablecoins, and RWAs,” the researchers said. showed.
Messari built a quarter around the power of choice.
Fixed Image
The size was narrow and not wide. A few chains picked up gains while many others declined. Tron was the only one in the top five to grow in market value, rising nearly 10% to $29.7 billion.
“TronDAO was the only one of the top 5 in terms of market growth (+10.3% QoQ to $29.7B). With ~$83M in total Q1 funds burned in TRX, the increase in fees helped make this possible in a major bear market. Fees ($193M) as institutional services continued to grow while other metrics declined. showed Luis Rincon, Director of Research Services at Messari.
Real-world growth was also disrupted. Sei led with a 350% jump in the quarter, ahead of Base at 93% and BNB Chain at 76%. Ethereum added the most in dollar terms, close to $3.9 billion.
Stablecoin supply rose slightly to $299 billion, with Polygon and BNB Chain growing rapidly.
The model is similar to Canton already cheap price and policies to encourage integration into networks designed for special use.
Whether Canton has a high rate of interest may depend on how quickly corporations move their assets.
A note Canton Network Tops Fee Generator Classification as Institutions Drive Q1 2026 Work appeared for the first time BeInCrypto.
