Quant Price Soars 5-Fold in Just a Few Days; Founder's Associated Wallet Transfers Out $6.97 Million QNT. Can It Break Through $400?
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The price of QNT soared from around $60 to over $370, with a gain of over 400% in September. Meanwhile, a wallet associated with the founder of Quant, Gilbert Verdian, transferred out 25,776 QNT after seven years of inactivity, worth approximately $6.97 million. The market is now focusing on the range of $360 to $400; if this range is effectively broken through, $500 and $600 could become the next target levels.
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QNT The price has rapidly reevaluated from around $60 in mid-September to a intraday high of nearly $372, before falling back to around $300. The increase in September exceeded 400%, making this token one of the top-performing large-cap crypto assets of the month.

6.97 million US dollars transferred from a wallet associated with the founder QNT

Lookonchain reports that a wallet address 0x48E9, which is associated with Gilbert Verdian, the founder of Quant, transferred 25,776 QNT to a newly created wallet after seven years of inactivity, worth approximately $6.97 million. Based on the prices mentioned in the report, this address still holds 600,000 QNT, valued at around $160.39 million.

This transfer accounts for only about 4.3% of the remaining balance of QNT in that wallet. As the trading price of QNT is much higher than the level before the September increase, the newly created addresses are being closely monitored. At the time of this transaction, the market value of QNT expanded rapidly. Current data shows that the price of this token is close to $300, with a market value of about $4.3 billion, and the seven-day increase exceeds 300%.

The Clearing House Institutional Narrative on the Revaluation of Quant Transactions

The catalyst that drove this round of gains is Quant being selected by The Clearing House to provide support for its On - Chain Money Initiative. This American payment operator stated that Quant will provide interoperability, orchestration, and transaction management layers for a new network, which will be used to clear and settle tokenized deposit transactions between financial institutions.

The system will be integrated with existing payment infrastructures such as RTP and CHIPS. Participating institutions are expected to obtain access rights in the first half of 2027. The Clearing House processes over $2 trillion in payment transactions daily and is held by 25 of the largest financial institutions in the United States.

This plan directly integrates the enterprise technology of Quant into a US bank infrastructure project, which focuses on tokenizing commercial bank currencies, automating settlements, and facilitating 24/7 payment flows.

QNT Price Analysis: $400 Becomes the Major Test

The weekly chart QNT shows that the token has broken through a multi-year consolidation pattern. For most of the period from 2022 to mid-2026, the price of Quant remained below the range of $200 to $250. The rise in September broke this range and accelerated rapidly, pushing QNT above $300, followed by a high of around $372.

The next major resistance level is between $360 and $400. The upper boundary is particularly important as it represents the main supply zone visible on the weekly chart. If the weekly price continues to close above $430, the market will enter a significantly higher trading range, with $500 and $600 becoming the next psychological barriers.

There are three important ranges in the current breakout structure:

  • $360 to $400: the main resistance level
  • $240 to $260: the first major support level
  • $200 to $220: broader breakout support

QNT In September, a surge in trading volume coincided with rising prices. On September 30th, the daily trading volume approached 1 billion US dollars, whereas for most of the period before the price increase, it was less than 100 million US dollars per day.

Quant ( QNT ) What will happen next?

Entering October, QNT had become one of the most aggressive revaluation cases in the crypto market that month, with the token rising from around $60 to over $300 within just a few weeks. The deployment of The Clearing House enabled Quant to enter an important tokenization currency project in the United States, and quiet wallet transfers also brought a lot of attention back to the holdings of QNT.

In the short term, price discovery will first depend on whether QNT can re-establish itself at recent highs and absorb the supply in the vicinity of $400.

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