Quant Price Prediction 2023, 2024, 2025, 2030

Quant is a popular cryptocurrency focused on interoperability and security. It has been one of the top-performing projects throughout the recent bear market, at one point climbing over 300% from its bear market lows.

This Quant price prediction examines the project’s fundamentals, technical analysis and community to forecast its price between 2023-2030.

Quant Price History

The Quant Network is an interoperability and security-focused operating system allowing developers to launch multichain dApps (known as mDApps) using its low code solution. Consequently, Quant enables more efficient dApp development while ensuring assets flow freely between any chain.

Esteemed cyber security expert Gilbert Verdian founded the project. He has over 20 years of experience and has notably worked in government as well as for enterprises.

Gilbert realised that blockchain could enhance cyber security but also understood the issue of blockchain fragmentation. As such, he developed Quant Network, with QNT’s ICO launching in May 2018, raising $11 million.

Following its presale, QNT’s initial price was $0.2524, according to CoinMarketCap.

Throughout the subsequent years, the QNT price gradually climbed until commencing an explosive bull run in 2021. The price peaked at $428.38 before selling off with the rest of the market.

Quant reached a low of $44.36 in 2022 but then gained significant traction despite the bear market, pumping to $193.36 in October 2022.

Since then, the price has trended downwards, currently trading at $102.09 with a $1,232,726,382 market cap.

Quant price history key points:

• Quant’s ICO went live in 2018, raising $11 million.
• The token began trading the same year, with an opening price of $0.2524.
• QNT peaked in 2021 at $428.38.
• It reached a bear market low of $44.36 following the bull run.
• Currently, QNT is priced at $102.09.

Quant Price Prediction 2023

One of the most significant issues blockchains face is attracting developers. Traditionally, developers are one of the primary elements of a blockchain network effect. However, Quant allows developers to do more with less, enabling developers to build robust mDApps without necessarily understanding the inner workings of blockchain.

Regarding Quant’s 2023 price, we must first consider the broader market landscape. The crypto market has experienced significant bullish news over the past months, with Blackrock and other institutions showing in cryptocurrency and Ripple Labs notching a landmark partial victory over the SEC.

Despite this, most cryptos have found significant resistance at local levels. This is also evident for QNT, finding resistance between $110 and $120, far below its yearly highs.

This is short-term bearish for Quant; adding to this is the Federal Reserve Chair Jerome Powell’s comments on hiking interest rates and the ongoing climbing inflation.

Consequently, Quant may retest its yearly low of $90 before rebounding in anticipation of the 2024 Bitcoin halving.

With this in mind, our Quant price prediction forecasts possible lows of $90, highs of $120 and an average price of $105 by the end of 2023.

Cryptoassets are highly volatile and unregulated in most EU countries, Australia and the UK. No consumer protection. Tax on profits may apply. Your capital is at risk.

Quant Price Prediction 2024

Quant aims to become the top crypto interoperability solution. While it faces stiff competition from Polkadot, Cosmos, and most recently, Chainlink’s CCIP, its focus on making life easy for developers certainly sets it apart.

Furthermore, Quant has a lower market cap than the above-mentioned projects, currently at just $1.2 billion. On top of that, the Quant community is one of the most vocal in the industry, with popular influencers like Bitboy Crypto avidly supporting Quant.

Besides the hype, Quant has been racking up significant fundamental wins, with a recent blog post highlighting how Quant can further CBDC technology, thanks to its multichain and composability characteristics.

The project already accommodates countless financial institutions and enterprises. Still, a recent move saw Quant team up with the Bank for International Settlements and the Bank of England for its project Rosalind.

Quant’s collaboration with the banks was to explore how CBDCs could integrate into blockchain to “create innovative new products”.

While much of the crypto community is philosophically opposed to CBDCs, Quant’s involvement in designing such technology would inevitably boost its utility token’s price. Many investors are aware of this, so demand for the token will likely grow in 2024.

Therefore, our Quant price prediction estimates a possible low of $200, a high of $300 and an average price of $250 by the end of 2024.

Quant Price Prediction 2025

Quant’s partnerships entail a long list of global institutions and bodies, including Swift, Visa, Barclays, 10 Downing Street and much more.

The project targets the traditional financial sector, aiming to bring it “on-chain” without the issues of fragmentation and difficult development conditions. It has a similar focus to XRP in the sense of settlement for cross-border payments, but Quant goes further, enabling tokenisation of real-world assets and blockchain interoperability.

Nevertheless, Quant’s market cap is significantly less than XRP’s market cap, which currently sits at $34 billion.

Another factor to consider is Quant’s strong tokenomics; over 80% of its supply is already in circulation, and mDApp developers must use $QUANT to pay “Gateway Operators” for resources like APIs, data, use of the distributed ledger etc.

Furthermore, “Gateway Operators” must pay an annual licensing fee and can stake quant to secure higher priority in the transaction order.

This means an increase in Quant’s ecosystem development could directly equate to a higher Quant price.

With the crypto bull market expected to occur in 2025, many institutions and enterprises currently building on Quant may indeed have launched live products. That said, it must be considered that these products are cutting-edge technology which could fail since the network is yet to be “stress tested” at such a scale.

However, with a modest $1.2 billion market cap, the upside potential for Quant looks significant.

Our 2025 Quant price prediction estimates a possible low of $240, a high of $440 and an average price of $340.

Quant Price Prediction 2030

Quant has already established itself as one of the most promising cryptos. However, the need for cross-chain interoperability provides Quant with considerable long-term potential.

It remains to be seen how far it can go, but its use case and partnerships with leading global institutions could push it to become one of the top cryptos in 2030.

That said, it is also worth considering that some of Quant’s ongoing developments are ideologically against the core cryptocurrency values. Many crypto users fear CBDCs will be permissioned and restrictive, so Quant’s involvement in developing them could damage its reputation amongst retail crypto investors. A Reddit thread recently discussed fears of Quant’s involvement with CBDCs.

Nevertheless, Quant’s “Overledger” distributed ledger remains permissionless and decentralized. Therefore, even if the CBDCs built upon it may be permissioned, Quant also paves the way for permissionless, decentralized and interoperable alternatives.

Overall, Quant boasts significant utility, both in terms of its token utility and its use case. As such, our Quant price prediction estimates a low of $300, a high of $550 and an average price of $425 by the end of 2030.

Possible Lows and Highs of Quant Price

Our Quant price prediction is based on where the price could sustain throughout a cycle rather than where it may peak. We have listed our expected lows and highs below.

What Do Other Analysts Predict for Quant

To better understand Quant’s price potential, we have compiled the predictions from other analysts below.

What Is Quant and What Is It Used For?

The Quant team has partnered with countless global financial institutions and enterprises, leading the way in blockchain-compatible CBDCs.

However, the project features far more use cases than just CBDCs. mDApps built on the Quant Network can even support data from blockchains which do not use smart contracts, such as the Bitcoin network, opening the door to a range of new innovative DeFi applications.

Quant’s native utility token, QNT, is used to pay for Quant Network services such as data, APIs and to use the distributed ledger. On top of that, providers of these services must purchase an annual license and stake QNT.

Quant Overview

What Factors Influence the Price of Quant

One of the most promising aspects of Quant is its tokenomics. Since developers require QNT to utilise the network’s tools, the QNT price is inherently tied to the ecosystem’s growth.

Therefore, as more institutions and companies leverage Quant to build interoperable blockchain mDApps, the price of QNT will increase.

Another key consideration is community sentiment. Quant boasts an impressive community, with countless high-profile influencers supporting the project. If the community continues to grow, Quant’s price could pump.

Finally, market trends and competition will also be crucial in its price. Quant’s price will likely move in unison with the rest of the market. However, growing market share from XRP (also targeting CBDC development) or an interoperability solution like Polkadot, Chainlink’s CCIP or Cosmos could prevent QNT from reaching its potential.

Is Quant a Buy?

Quant offers a unique blend of robust tokenomics, interoperability and significant institutional and enterprise adoption. As a result, it is undoubtedly one of the top cryptos to watch.

That said, all cryptos carry risk, and deciding whether or not to invest in an asset should only be the choice of the individual investor.

Where to Buy the Quant Token?

There are several places investors can purchase Quant, but the most accessible is eToro. The platform is easy to use and quick to get signed up. Furthermore, eToro boasts a wide selection of other cryptos and offers competitive fees at just 1% and fee-free deposits on US Dollar deposits.

We have broken down how to buy Quant on eToro in four simple steps below.

Step One: Create an eToro Account

First, visit the eToro website and select “Start Trading”, then follow the instructions to complete the account setup.

Step Two: Deposit Funds to the Platform

From the eToro dashboard, select “Deposit Funds”, and then choose your payment method and complete the deposit.

Step Three: Search for Quant

Go to the search bar at the top of the page and search for Quant.

Step Four: Make the Purchase

Select the “Trade” button and choose the amount you wish to purchase, then proceed to complete the order.

Conclusion

Despite some potential risks, our Quant price prediction found the project could be one of the top cryptos on the market. Its solid fundamentals, the team’s experience and its impressive tokenomics indicate a successful future.

As such, our forecast estimates a possible high of $550 by the end of 2030.

Cryptoassets are highly volatile and unregulated in most EU countries, Australia and the UK. No consumer protection. Tax on profits may apply. Your capital is at risk.

References

https://www.cnbc.com/2023/07/14/blackrock-has-a-responsibility-to-democratize-investing-including-in-crypto-larry-fink-says.html

https://quant.network/news/quant-contributes-cbdc-expertise-to-finextras-future-of-payments-report/

https://www.bloomberg.com/press-releases/2023-06-16/quant-collaborates-with-bank-for-international-settlements-and-bank-of-england-on-project-rosalind-as-technology-vendor

https://acuresearchbank.acu.edu.au/item/8v82v/cross-chain-interoperability-among-blockchain-based-systems-using-transactions

https://www.cnbc.com/video/2022/12/22/crypto-bull-market-will-probably-return-by-early-2025-ballet-ceo.html

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Elliott Lee

Elliott Lee

Elliott is a British cryptocurrency journalist and copywriter. Having spent the past couple of years immersed in everything crypto, he now spends his time researching the most impactful cryptocurrency trends. He looks for projects with long-term visions and is a huge believer that blockchain technology can solve the world's most pressing issues.

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