Markets· ★★★· bullish·

Quant Jumps Over 50% as Institutional Tokenization Demand Accelerates

  • —QNT rose from about $170 to $286.43, up over 300% in a week
  • —24-hour trading volume topped $1 billion; open interest reached $63.65 million
  • —Roughly $17.2 million in short positions were liquidated, fueling the rally
  • —The Clearing House picked Quant on September 24 for its on-chain Money network
Why it matters: The move underscores demand for deposit tokenization infrastructure; holding above $300 would open the path to the prior high of $428.
#QNT
Source: Cryptonews.net
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