Three Reasons Why The Price Of Quant Has Increased By 200% Over The Past Month

For a couple of months, prices for QNT have been steadily rising. Today, Quant is up 1.28% in the last 24 hours and is worth $304.38. Currently, compatibility between blockchain networks has become one of the most important concepts in the cryptocurrency ecosystem, because users are looking for the most cost-effective ways to transfer value. One of the compatibility-oriented protocols whose price has soared to a new record high is Quant (QNT), a project designed to help enterprises integrate and operate distributed ledger technology (DLT).

CoinMarkets–°ap data shows that since hitting a low of $178 on September 1, the price of QNT has risen by 117% to a new all-time high of $387 on September 6, as its 24-hour trading volume jumped to a record $740 million. Three reasons for the bullish surge in QNT prices include the recent upgrade of the protocol to Overledger 2.0.5, the launch of the Quant developer program and the expansion of access to its supplies after listing on the largest crypto exchanges.