- The recent update from Quant resulted in a massive surge in its trading price.
- QNT rocketed to the top of the list of top performers on the crypto market.
The crypto market experienced a downtrend after the SEC continuously filed charges against the leading crypto exchanges. However, the cryptocurrency Quant (QNT) has shown an extraordinary surge in its trading price. The sudden price surge captured the attention of investors in the crypto market.
On June 16, Quant, the London-based blockchain solutions provider, announced its partnership with the Bank of England and the Bank for International Settlements (BIS) in their joint venture, the Rosalind project. The project Rosalind aims to build API prototypes for retail CBDC ecosystem innovation.
Quant’s Update Sparks the Trading Price
Project Rosalind, directed by the BIS Innovation Hub London Centre, has been experimenting with APIs that may help with retail payments in CBDCs. It enables the exploration of innovative CBDC use cases. Another significant result was innovation through use case exploration, which examined CBDCs may serve a future economy that is more digitalized.
The recent update from Quant resulted in a massive surge in its trading price. QNT has witnessed an increase of 15.53% in the last 24 hours. The significant surge in the trading price of QNT suggests that the recent update has resonated positively with the crypto market. Moreover, with the substantial increase, QNT rocketed to the top of the list of top performers in the crypto market.
At the time of writing, the trading price of the Quant is around $112.38, with an increase of 15.53% in the last 24 hours. Moreover, the trading volume has witnessed a massive increase of 316%, according to CoinMarketCap.
