QNT Surges Amid Record Low Exchange Supply Despite Broader Crypto Slump

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In accordance with BitJie, QNT has risen 11% amid a broader crypto downturn, approaching $90 as exchange supply hits a record low of 3.06 million tokens. The Quant Network's Overledger technology, designed to bridge blockchain and traditional finance, is gaining traction through partnerships with SWIFT and Oracle, as well as trials with the digital euro and BIS. Large investors are accumulating QNT, with one wallet recently acquiring 2,666 tokens, pushing its holdings near 50,000. Unwind of open interest has also risen to $15 million, and trading volume has surged to $74 million.

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