Quant Token Soars Past Bitcoin, Ethereum, and XRP on Clearing House Deal
Quant's token (QNT) has seen an impressive surge in price over the past week, jumping from around $67 to above $280. This growth far surpasses that of Bitcoin, Ethereum, and XRP.
The catalyst for this rally is The Clearing House's selection of Quant to power its U.S. tokenized-deposit network. This infrastructure will connect to existing payment networks like CHIPS and RTP, which clear and settle over $2 trillion daily.
While Quant has been working on projects involving central banks and financial institutions, this deal provides a significant anchor in the US market. The company's narrative around blockchain infrastructure in traditional finance is being aggressively rewarded by the market.
Some traders are now looking towards HBAR as a potential next target for money rotation, but there is no established pattern to support this prediction.