Canton Network Leads Q1 2026 Blockchain Fee Rankings

Canton Network captured 42% of all blockchain fees in Q1 2026, topping Messari's fee rankings as institutional activity surged. According to BeInCrypto, the network generated $193 million of the $457 million in total fees across 21 blockchains tracked by Messari. Despite a weak market, Canton benefited from growing institutional crypto adoption, contrasting with declines in other networks. The network, launched by Digital Asset in May 2023, is designed for regulated institutions and has attracted major players like Goldman Sachs and JPMorgan. Canton Coin (CC) traded near $0.15, down 3% over 24 hours.