Quant Soars 75% on Major Banking Partnership with The Clearing House

Quant's native token QNT has skyrocketed by 75% in the past 24 hours to over $180, fueled by a major US banking partnership. The Clearing House selected Quant to power its On-Chain Money Initiative, providing interoperability and transaction-management services for financial institutions. This scale is significant, as The Clearing House processes more than $2 trillion every day across various payment networks.

The activity around Quant began heating up over a week before the partnership was announced. Between September 16 and 23, active addresses exceeded 870 per day, with new addresses running at approximately 1.8 times their earlier September weekday average. After the announcement on September 24, active addresses exploded to 2,064, reaching the highest level in nearly a year.

Crypto Patel noted that QNT has reached a couple of his big targets but warned against FOMO buying. Quant's price skyrocketed by 27% on September 24 and is currently up by 185% weekly.