Quant (QNT) soared 300%: After major clearing house partnership was announced

Core Points

• Global expansion and strategic alliances: Major UK financial institutions such as Barclays, HSBC, Lloyd and Santander use Quant's tokenized deposit platform to perform real-time transactions.
• Market dynamics drove the rally: QNT tokens soared from approximately US$60 to more than US$370 in one week, an increase of more than 300%. Daily trading volume exceeded US$1 billion, and short sellers faced liquidation losses of US$17.2 million.
• Technical analysis: Analysts pointed out that there is resistance near US$300, with the previous high of US$428 becoming the next potential target.

The driving force behind the surge in Quant (QNT) prices

This week, the Quant (QNT) token experienced an extraordinary rise, with the price climbing from approximately US$60 to more than US$370, an increase of more than 300%. At the same time, daily trading volumes also exploded above the $1 billion threshold.

Quant is a blockchain interoperability platform that focuses on technologies that connect different blockchain networks with traditional financial infrastructure. This allows financial institutions to seamlessly transfer tokenized assets between multiple systems.

This sharp price move began on September 24, when The Clearing House announced its selection of Quant as its technology partner. The agency handles more than $2 trillion in daily settlement transactions for 25 major U.S. banks.

Under the partnership agreement, The Clearing House will integrate Quant's infrastructure into its On-Chain Money Initiative. This revolutionary network, designed to connect tokenized bank deposits with traditional payment systems such as RTP and CHIPS, is expected to be deployed in the first half of 2027.

Cryptocurrency analyst Ted Pillows pointed out on the X platform that $QNT tripled in one week. He highlighted Quant's integration into Murex MX.3 software-which serves 65 of the world's top 100 banks-and noted that the European Central Bank (ECB) also selected Quant for digital euro testing. In addition, he observed that the QNT chart broke through the five-year downward trend line.

International banking cooperation expands significantly

International banking cooperation has significantly transcended U.S. borders. Several major UK banks, including Barclays, HSBC UK, Lloyd and Santander, have successfully used tokenized sterling deposits built on the Quant technology framework to execute operating transactions.

Strategic Layout in the Asia-Pacific and Europe

In the Japanese market, Quant has established a strategic partnership with Dentsu Soken to realize programmable digital currency and tokenized deposit functions. Dentsu Suken has maintained connectivity to key settlement infrastructure such as the Bank of Japan Clearing Network (BOJ-NET), SWIFT and CLS.

Quant also partnered with the Bank for International Settlements (BIS) and the Bank of England to participate in the "Project Rosalind" to conduct experimental trials of an API framework for retail central banks 'digital currency payment systems.

The European Central Bank has appointed Quant as a pioneer partner in the digital euro initiative, focusing on developing conditional payment mechanisms and advanced programmability features.

Market dynamics boost the market

With the announcement of the partnership, QNT's derivatives market has shown strong vitality. Open interest positions climbed to US$63.65 million, and the cumulative futures volume delta rose to 10.37K, indicating that there is huge buying momentum in futures trading.

Within 24 hours, short positions worth approximately US$17.2 million were cleared. The cumulative spot trading volume delta remains in the negative range of-68.48K, indicating that the purchase behavior in the spot market has not yet fully kept up with the enthusiasm of the futures market.

Sanitation Intelligence monitored the behavior of large households and recorded 645 whale transactions worth at least US$100,000 in a single day, setting an unprecedented record for the token. The analyst firm believes this unusual activity was triggered by The Clearing House announcement and observed that GRT received similar attention during the same period.

Technical analysis: Resistance and support

Technical analysis shows that resistance is concentrated between US$286 and US$300. A decisive breakthrough in this critical area would pave the way for Quant to point to its all-time high of $428.

Market observers pay close attention to the $200 to $210 range, viewing it as a key support level when momentum slows. If we stand above $428 again, the psychological threshold of $500 will be considered for the first time.

根据最新市场数据，QNT盘中高点曾达到368美元，随后回落至约233美元交易。CoinGecko数据显示，过去七天内QNT涨幅约为189%。