$QNT is showing early signs of a bullish reversal, with a potential inverse head and shoulders pattern forming on the chart.
According to data from crypto.news, Quant 
QNT10.72%Quant jumped over 10% in the past 24 hours, reaching an intraday high of $106.67 on the morning of May 27. This move pushed its market cap to around $1.55 billion, placing QNT nearly 80% above its year-to-date low.
Daily trading volume also shot up by more than 200%, hitting over $50 million. Meanwhile, its open interest spiked 43% to $22.9 million, its highest level since February, hinting at a strong wave of speculative activity.
The recent uptick in momentum followed an announcement from CEO Gilbert Verdian, who revealed that Overledger Fusion will begin rolling out in June 2025. The new upgrade, described as a “Layer 2.5” network, introduces multi-chain rollups, secure cross-chain smart contracts, and improved privacy tools, all aimed at helping blockchains work more smoothly with both enterprise systems and DeFi applications.
According to Quant, the goal is to fix major pain points that have slowed down institutional adoption of public blockchains, such as compliance risks, data privacy concerns, and poor scalability. By allowing smoother asset and data movement between private and public chains, Fusion could appeal to banks, fintech firms, and other organizations exploring blockchain integration.
