Quant (QNT) has experienced a significant price increase following the introduction of Overledger Fusion and Quant Flow by the CEO, Gilbert Verdian. These initiatives aim to bridge the gap between institutional finance and DeFi, resulting in a nearly 13% surge in price. Technical indicators like RSI and Ichimoku Cloud have turned bullish, with RSI surpassing 77, indicating strong buying pressure. The introduction of Overledger Fusion, a Layer 2.5 network, and Quant Flow, a platform for programmable payments, demonstrate Quant Network's strategic efforts to make blockchain infrastructure practical for institutional use. While the price surge has pushed QNT into overbought territory, indicating a potential short-term cooldown, the overall bullish momentum is supported by EMA alignment and key resistance levels. Monitoring key support levels and resistance at $111.85 will be crucial in determining the continuation of the upward trend. Read more AI-generated news on: https://app.chaingpt.org/news