![]() But the coin hadn’t finished its climb: after a slight correction, QNT surged even higher, as the team hit the important milestone, releasing Overledger 2.0.5. ![]() In a couple of days leading to the listing itself and a day immediately after, Quant’s price shot up to ~$176. Truly remarkable growth for Quant, however, began at the very end of July, when Binance announced the upcoming QNT listing. It hasn’t only held above $30 even during the worst dip, but also gained quite a lot by July - QNT’s price has reached $90 several times during that period. Notably, QNT was one of the few crypto assets that haven’t been hit all that hard by the bear market in summer 2021. Quant entered 2021 at around the $12 mark, but by late May Quant’s price has breached the $50 mark, spelling quite a breakthrough for this coin. QNT crypto token also serves as an annual fee to operate the gateway, in exchange for a percentage of the transaction fees. Quant (QNT) coin is a utility token that enterprises and developers have to purchase and lock in a payment channel in order to use the platform. ![]() Unlike Layer 2 solutions, deploying Quant doesn’t require making changes to the existing DAG or blockchain infrastructure - REST API provides an easy way to connect to the chain. Quant is designed to work with any distributed ledger architecture, not just those based on the blockchain technology, but also, for example, DAG. Blockchain developers can also make multi-chain applications (MAPPS) based on the Overledger platform. Quant’s Overledger Network, which is its main product, is an enterprise solution using API gateway as a way for companies to connect their blockchain project to multiple blockchains. His previous work included making sure that there’s interoperability between different healthcare platforms, where he got the idea for Quant. Quant’s CEO Gilbert Verdian is an experienced tech manager. Quant (QNT) is a native token on Quant Network, which can be called a blockchain operating system - a platform designed to bring interoperability to the blockchain world by serving as a bridge between the different distributed ledgers.
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