Quant (QNT) jumps 13% to $76, a 4-month high, as ECB pushes to ease stablecoin rules
- —QNT rose 13% to $76, with market cap hitting a four-month high of $919 million
- —Derivatives open interest climbed 20% to $17 million as volume jumped 63%
- —Spot netflow flipped negative to -$124K after $366K a day earlier
- —RSI holds above 70 and the directional movement oscillator has risen for seven straight days
Why it matters: QNT is a proxy for institutional demand for TradFi rails; holding above $70 keeps $85 in play, while a break lower opens a return to $64.
Source: AMBCrypto