What's happening? Despite the efforts and updates, Qtum, that network that mixes the best of Bitcoin and Ethereum, is hitting a wall: competition. New networks like ZetaChain and Soso Network are arriving with fresher proposals, focused on interconnectivity and scalability, and that is diverting attention and funds 💸. The result is that, while the entire crypto ecosystem was declining, the price of QTUM plummeted by between 10% and 14% just in July 2025! 😥
But watch out! There is an ace up their sleeve. Qtum is about to launch its own stablecoin, a digital currency tied to the value of a fiat currency. This could be a true game-changer, as it would make transactions within their network much smoother and more attractive to institutional capital. The plan is to stop relying so much on USDT and USDC, which are the competing stablecoins, and offer something of their own to generate more activity in their exchanges and decentralized applications (dApps). If they succeed, the price of QTUM could soar. 🚀 But there is a problem... European regulations like MiCA are breathing down their neck, and if they don't comply, things could get complicated.
Staking is the short-term lifeline. There are a lot of people holding onto their QTUM to generate more tokens (around 40,000 a month). This is good because it reduces the amount of coins available for sale, which helps maintain the price. Additionally, the staking system without locking funds is super convenient. However, there is a risk: the network is starting to rely too much on a few 'super stakers,' which could lead to centralization. If you add to that technical failures, like what happened with the block explorer, trust can plummet. 😨
In summary, the future of QTUM is hanging by a thread. If they manage to get their new stablecoin off the ground and updates like the Neutron virtual machine attract developers, they could return to the top. If not, they could continue to lose ground to the new wave of networks. The million-dollar question is: will they manage to differentiate themselves to avoid being forgotten? $QTUM
