Quant (QNT) Rockets 75% Today as Major Banking Catalyst Fuels 180% Weekly Rally

QNT has gone parabolic, marking the biggest gains today after a major deal. During a relatively calm weekend trading session in which most larger-cap cryptocurrencies have remained sideways, Quant’s QNT has gone on a tear, skyrocketing by 75% in the past 24 hours alone to over $180. A major US banking partnership appears to be the most evident catalyst, although on-chain data shows activity began heating up well before the announcement was made public. Why Is QNT Soaring? Interestingly, the biggest fundamental development didn’t come in the past 24 hours. It was announced on September 24 when The Clearing House selected Quant to power its On-Chain Money Initiative. The crypto project will provide the interoperability, orchestration, and transaction-management layer for the planned network, allowing financial institutions to clear and settle tokenized deposits while connecting with existing payment infrastructure, including the RTP and CHIPS networks. Both parties expect to launch the system to participating institutions in the first half of 2027. The scale involved helps explain why this announcement attracted so much attention. The Clearing House says its US payment networks clear...