Why Quant Will Skyrocket
Learn why Quant is one of the fastest-growing altcoins in the market today.
Thanks to the advancements in blockchain technology, there are thousands of cryptocurrencies in the market today with varying potential returns on investment. Amongst them, cryptocurrencies with starking real-world use cases have always garnered the attention of investors.
For example, Quant (QNT), a business-grade cross-chain technology, has been on investor watchlists over the past few months. But why do we think that Quant will skyrocket in 2022 and beyond?
QNT is one of the cryptocurrencies that maintained its pace during the crypto market shutdown this summer. With a growing market appetite for newer, potential, actively traded altcoin recently, is QNT worth watching in 2022? Let us see.
Why Invest In Quant Now?
QNT is one of the fastest-growing blockchains in the market.
As users are continuously looking for the most cost-effective ways to transfer value across the ecosystem, interoperability between blockchains networks has become one of the ruling factors in the cryptocurrency ecosystem. Quant is an innovative interoperability-focused protocol that has been skyrocketing to new all-time highs recently. It aims to connect blockchains and networks without compromising their efficiency.
The project is designed to facilitate seamless integration and operation of distributed ledger technology (DLT) for enterprises. It offers a platform that enables developers to create dApps capable of running on multiple blockchains simultaneously. The team eventually promised to unlock the potential of DeFi and NFT products in the future.
Another catalyst for the rapid growth of the network is the price of its utility token, QNT, which is used to pay for Quant’s services, transaction fees and to secure the OverLedger network. Moreover, enterprises and developers must buy and lock QNT in a payment channel to use the platform.
Is QNT Going To Skyrocket In 2022?
Quant crypto has jumped by more than 100% in less than a month, making it one of the actively-growing networks.
Quant’s historical performance exposes that the token has been a big winner for investors globally. It has returned over 1500% in the past year and more than 60,000% in the past three years. There are numerous factors behind Quant’s rise. The benefit from the ongoing DeFi boom is one of the many reasons. In addition, the token’s maximum supply also attracts investors that seek protection from inflation.
Moreover, building more DeFi apps would further attract the attention of major institutional investors and developers to the platform. As developers require QNT to operate on the Quant network, the demand for the token will increase, appreciating its value.
The unique feature of the Quant network is that it is designed to work with any distributed ledger architecture and not just the ones based on blockchain technology. Also, unlike Layer 2 solutions, users don’t have to make any changes to the existing DAG (Directed Acyclic Graph) for deploying Quant, thanks to the REST API.
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Factors That Drive Quant To Skyrocket
Several factors push the price and value of Quant, making QNT a good buy now.
Its ability to increase interoperability between blockchain networks and the DeFi boom are just a few of the many reasons for the Quant protocol’s recent upturn. Here are a few other factors:
1. The Launch Of The Overledger 2.0.5
The release of Overledger 2.0.5 was a crucial milestone in the Quant network journey, launched to bridge stablecoin, NFT, and DeFi ecosystems with blockchain payments. Quant has been gaining massive popularity recently due to the expansion of the Overledger network, which is the backbone of the project.
Developers can now seamlessly build decentralized multi-chain applications (MApps) on the Overledger. Also, thanks to the update, the Quant network will now natively support blockchain payments to power a new generation of interoperability and payments. The new version also supports over 25+ digital assets for ERC-20 token production, 20 digital assets for ERC-721 production, 14 digital assets for ERC-20 Sandbox, and 7 for ERC-721 Sandbox production.
2. The Launch Of The Quant Developer Program
The Quant Developer Program has also majorly contributed to the growing strength of the network. The program has been based on the belief that an active community is the hallmark of a developing blockchain ecosystem and was established to attract new developers. Moreover, developers also play a vital role in creating on-demand applications and protocols to attract users and encourage on-chain activity. If Quant is able to create a high level of activity, the network could skyrocket tremendously in the coming years.
3. Listing On Major Cryptocurrency Exchanges
The token’s availability on some of the largest and popular exchanges in the market has been a significant catalyst behind the recent price rise of QNT. In the last few months, the QNT token has spiked higher, to hit an all-time high of $428.38 on September 11. The triggering reason for this significant rally is the addition of QNT to Coinbase and Binance.
4. Adoption Of Quant Into Central Banks And Businesses
The Quant cryptocurrency has been gaining tremendous recognition and adoption from institutions and investors across the globe recently. The network continues making partnerships worldwide and has been integrated with various governments, central banks, and enterprises.
The team behind Quant is making continuous attempts to interact with various central banks to permit the integration of the network into their systems. According to reports, the team has been in talks with William Lovell, Head of Technology at the Bank of England, during a Hyperledger Trade Finance call.
Since Quant can interoperate and peer with other networks in a compliant manner, businesses can leverage it to seamlessly develop their own scalable ‘network of networks.’ It also offers scalable Any-to-Any interoperability that can be easily integrated with any blockchain and legacy system.
Why Quant Will Skyrocket?: Expert Predictions
Experts predict that QNT seems to be a smart investment now for investors, thanks to the increasing adoption of Quant Network.
“According to WalletInvestor, Quant price will grow from $260.97 to $634.546 in one year. That makes QNT an awesome investment. The long-term earning potential is 143.15%. The predicted price for the end of 2026 is $2097.860.”
“Our data indicates that the QNT crypto has been in an uptrend. According to our Quant forecasts, the future price of Quant (QNT) is predicted at $133 after a year.”
“The Quant price is forecasted to reach $70.460 by the beginning of December 2021. The expected maximum price is $89.114; the minimum price is $60.598. The QNT price forecast for the end of 2021 is $71.291. By January 2022 end, it should easily swing around $110.42 to 150.50, making it a long-term good investment.”
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Should You Invest $1000 In Quant Now?
Thanks to its real-world use cases and potential, Quant could likely skyrocket in 2022.
As Quant’s OverLedger system connects multiple decentralized ledger technologies for institutional use, investors are quite bullish about the token’s price. Moreover, distributed ledger technology is an innovative concept that aims to make people’s lives more empowered and expeditious. This DLT is the root of the genesis of Quant, making it one of the potential cryptocurrencies in the market today.
The Quant network has also announced its future plans to build on the capabilities introduced in their latest releases. Currently, the network developers are working to ensure that developers and institutions will issue fungible and non-fungible tokens on the Quant network. According to predictions, the digital currency would be worth more than $1,000 in a few years, making QNT a good investment now.
Quant aims to provide a platform that efficiently supports the creation and management of interoperable stablecoins, digital currencies, and tokenized assets. It is one of the top cryptocurrencies in the market today, with the Quant blockchain gaining recognition for its potential. Moreover, with future upgrades, Quant could likely skyrocket, competing with other top interoperability blockchain projects.
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