Canton Network Handles Record $350 Billion Transactions with 3.4 Update
Canton Network has solidified its position as critical infrastructure for capital markets and payments, processing over $350 billion daily—a 25% quarterly increase. The 3.4 upgrade, executed with remarkable efficiency, migrated 600 validator nodes with minimal downtime, tripling July's capacity.
The update turbocharges the Global Synchronizer, enhancing transaction speed and scalability while optimizing developer experience. Institutional adoption accelerates as the network demonstrates operational resilience under exponential growth—now handling volumes rivaling traditional financial rails.