The Canton Network injected $2.09 million worth of CC tokens into circulation through network rewards, with $1.5 million allocated to application rewards, $296,000 to validator rewards and $290,000 to super validator rewards. The additional supply coincided with an unprecedented increase of more than $100 million in Canton’s circulating market capitalization over the past 24 hours, according to Santiment data. CC trading volume also rose to as much as $4.25 million during the same period, based on Coinglass data. The near-term price effect will depend on how much of the newly circulating supply reaches the market. Although recipients could sell some rewards, the distribution was made across application providers, validators and super validators rather than directly to investors or insiders. On the technical charts, CC was holding an ascending trendline near $0.096 after an aggressive rejection from the $0.125 supply zone roughly two weeks earlier. The trendline had supported two previous reversals, and CC was trading above all key exponential moving averages at press time. Continued volume growth and sustained support could allow buyers to absorb the new tokens and retest $0.125, while a break below the trendline would expose CC to further selling.