en
Back to the list

Quant Price Surges 5X in Days as Founder Wallet Moves $6.97M QNT — Can QNT Break $400?

source-logo  coinpedia.org 01 October 2026 14:38, UTC
image

Quant price has undergone a rapid repricing, climbing from roughly $60 in mid-September to an intraday high near $372 before settling around $300. $QNT gained more than 400% during September, putting the token among the strongest-performing large-cap crypto assets of the month.

Founder-Linked Wallet Moves $6.97 Million in $QNT

Lookonchain reported that wallet 0x48E9, linked to Quant’s founder, transferred 25,776 $QNT worth approximately $6.97 million to newly created wallets after seven years without activity. The address still holds 600,000 $QNT, valued at approximately $160.39 million at the reported price.

Quant Network founder wallet 0x48E9 moved 25,776 $QNT($6.97M) to new wallets after 7 years of inactivity.

The wallet still holds 600,000 $QNT($160.39M).https://t.co/XS5kQf1yGf pic.twitter.com/2jZWZ6Jdub

— Lookonchain (@lookonchain) September 30, 2026
app-logo

Know when your
coins move

Alerts, real-time prices, and market news — all in one app
4.8 based on 40K reviews in the App Store and Google Play

The transfer represents only about 4.3% of the wallet’s remaining $QNT balance. The newly created addresses are now being watched closely as $QNT trades at levels far above those seen before the September rally. The transaction comes after $QNT’s market capitalization expanded rapidly. Current data places the token near $300, with a market capitalization around $4.3 billion and seven-day gains above 300%.

The Clearing House Deal Reprices Quant’s Institutional Story

The catalyst behind the move is Quant’s selection by The Clearing House to power its On-Chain Money Initiative. The U.S. payments operator said Quant will provide the interoperability, orchestration and transaction-management layer for a new network designed to clear and settle tokenized deposit transactions between financial institutions.

The system will connect with existing payment infrastructure including RTP and CHIPS, with participating institutions expected to gain access during the first half of 2027. The Clearing House processes more than $2 trillion in payments each day and is owned by 25 of the largest U.S. financial institutions.

The initiative puts Quant’s enterprise technology directly into a U.S. banking infrastructure project focused on tokenized commercial bank money, automated settlement and 24/7 payment flows.

$QNT Price Analysis: $400 Becomes the Major Test

$QNT’s weekly chart shows the token breaking out of a multi-year consolidation structure. For much of 2022 through mid-2026, Quant price remained below the $200–$250 region. The September rally broke through that range and accelerated sharply, taking $QNT above $300 before reaching a high near $372.

The next major resistance sits between $360 and $400. The upper boundary is particularly important because it represents the major supply zone visible on the weekly chart. A sustained weekly close above $430 would put the market into a significantly higher trading range, with $500 and $600 becoming the next psychological levels.

The breakout structure now has three important zones:

$360–$400: major resistance

$240–$260: first major support

$200–$220: broader breakout support

$QNT’s September volume spike has accompanied the price move. Daily trading volume reached nearly $1 billion on September 30, compared with less than $100 million during much of the pre-rally period.

What’s Next for Quant ($QNT)?

$QNT enters October after one of the most aggressive monthly repricings in the crypto market, with the token moving from the $60 area to above $300 in a matter of weeks. The Clearing House deployment has placed Quant inside a major U.S. tokenized-money initiative, while the dormant founder-linked wallet has brought a large $QNT balance back into focus.

The nearer-term price discovery will be determined first by whether $QNT can reclaim its recent high and absorb the supply around $400.

coinpedia.org