Quant price surges over 300% as QNT all time high comes in sight

Quant price has surged more than 300% from last week’s lows to trade near $274 on Sept. 28 as a major U.S. banking deal, live tokenized deposit transactions in the UK and heavy trading activity fuel demand for QNT.

According to TradingView data, QNT has moved from the $60 to $70 area last week to an intraday peak above $350 before giving back part of the rally, leaving the token within reach of its 2021 all time high of $427.42 if buyers regain control above the latest resistance zone.

The rally accelerated after The Clearing House selected Quant to power its On Chain Money Initiative, an interoperable payments network designed to let financial institutions clear and settle tokenized deposits.

Quant will provide the interoperability, orchestration and transaction management layer for the network while connecting it with existing payment systems, including RTP and CHIPS. The Clearing House said the network is expected to become available to participating institutions in the first half of 2027.

QNT had already ranked as the strongest weekly performer among the 100 largest cryptocurrencies by Sept. 26, when it was up 61.8% over seven days and traded near $104.57, as crypto.news has previously reported. The rally accelerated over the following two days, taking the token well above $300 before profit taking pulled it back.

Quant price rally follows U.S. banking deal

The Clearing House announcement has provided the main catalyst behind QNT’s latest run.

The U.S. payments company operates networks that clear and settle more than $2 trillion each day across wire, ACH, check image and real time payments. Its On Chain Money Initiative is intended to connect tokenized commercial bank money with existing payment rails while supporting automated transactions and round the clock settlement.

Quant CEO Gilbert Verdian called the selection a major step for programmable money and said tokenized deposits were becoming a way for banks to move money onchain while keeping deposits within the regulated banking system.

The project followed a separate development in Britain, where major banks completed live customer transactions using tokenized sterling deposits.

Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander participated in the Great British Tokenised Deposit initiative, which uses infrastructure developed by Quant. The latest tests included remortgage transactions and a marketplace payment, moving the project beyond earlier simulations.

The live tokenized deposit transactions involved customers at separate banks. Lloyds, NatWest and Barclays completed two remortgage transactions, while another test involving HSBC simulated an online marketplace payment where funds remained reserved until transaction conditions were met.

Quant’s role in both the U.S. and UK projects has put the company at the center of two institutional efforts to bring commercial bank deposits onto blockchain based infrastructure.

Sibos keeps Quant in focus

Attention around Quant has continued on Sept. 28 as Sibos 2026 begins in Miami.

Quant and financial software company Murex are scheduled to demonstrate programmable settlement for tokenized assets at the event. The demonstration focuses on synchronizing the cash and asset sides of transactions while allowing institutions to retain their existing trading and settlement processes.

The example involves a U.S. dollar repo against a tokenized U.S. Treasury, with tokenized deposits used for the cash side of the transaction.

Quant is scheduled to participate in further discussions during Sibos through Oct. 1, including sessions covering tokenized deposits and the coexistence of stablecoins, tokenized commercial bank money and central bank digital currencies.

Institutional work around tokenized deposits has been growing beyond Quant’s individual projects. The Bank of England said in May that the UK’s future payment system could support conventional deposits, tokenized bank deposits, regulated stablecoins and potentially a retail central bank digital currency.

Deputy Governor Sarah Breeden said the central bank wanted competition and choice between robust forms of money as the country developed its digital payment infrastructure. The Bank of England plans have run alongside work by the FCA and financial institutions on tokenized securities, collateral and settlement systems.

Tokenized deposits remain liabilities of the issuing commercial bank, unlike stablecoins issued against separate reserve assets. A tokenized deposit framework keeps the underlying money within the banking system while representing the deposit digitally on blockchain infrastructure.

How high can Quant price go?

QNT’s technical structure remains bullish after the rally, although the size and speed of the move have raised the risk of large price swings.

On the daily QNT/USDT chart, the Directional Movement Index showed +DI at 68.80, compared with −DI at only 0.82. ADX stood at 47.74, well above the level normally associated with a strong directional trend.

The gap between +DI and −DI shows buyers continue to dominate the larger trend, while the rising ADX confirms that momentum behind the move remains strong.

Volume has climbed alongside the breakout. The largest activity on the daily chart appeared as QNT accelerated from below $100 towards $300, supporting the price move with heavier trading participation.

Signs of profit taking are visible near the top. QNT reached $320 during the current daily session before falling towards $274, while the preceding move produced a long upper wick after price briefly pushed substantially higher.

The $290 to $320 area is therefore the first zone QNT needs to recover. A move through it would bring the latest $350 to $370 resistance region back into focus.

A sustained break above that zone could leave the $400 psychological level as the next target before QNT challenges its $427.42 all time high, set in September 2021.

Reaching $427 from the current $274 area would require another gain of roughly 56%, making the old record a more realistic bullish target than projections far above $500 while QNT remains below its latest high.

QNT still faces the risk of a deeper pullback

The 4 hour chart supports the bullish trend but shows how quickly conditions can change following such a large move.

Aroon Up stood at 92%, while Aroon Down was at 0% on Sept. 28. The reading shows recent highs continue to control the shorter term trend despite QNT retreating from its peak.

QNT dropped as low as $249.03 during the latest 4 hour period before recovering to around $274.57, making the $249 to $250 region the first support area to watch.

Holding that zone would leave room for another attempt at $290 and $320. Buyers would then need to clear $350 to $370 before the $400 and $427 levels become technically relevant.

A break below $249 would weaken the short term structure after the token’s near vertical rally. The scale of the move from below $100 means relatively small percentage retracements from the top can translate into large dollar declines.

The rally has occurred while conditions across the altcoin market have improved. Binance data cited by CryptoQuant analyst Darkfost showed 87% of listed altcoins trading above their 200 day moving averages by Sept. 27, compared with 84% trading below them at the end of June. Altcoin market capitalization had gained more than $371 billion over the same period. Altcoin market capitalization stood near $1.17 trillion in the latest TradingView data.

QNT’s latest move has nevertheless far outpaced the rest of the market, leaving $249 as the immediate level separating the current 4 hour structure from a larger correction while buyers attempt to regain the $290 to $320 area.