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Jimmy Aki

Author

Jimmy Aki

About Author

Jimmy has nearly 10 years of experience as a journalist and writer in the blockchain industry. He has worked with well-known publications such as Bitcoin Magazine, CCN, and Blockonomi, covering news…

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Last updated: 

August 26, 2025

Quant ($QNT) has been quietly strengthening its position in the blockchain ecosystem. Trading at $104.91 with a 1.4% gain in the past 24 hours, the project carries a market cap of $1.5 billion.

Recent technical updates, upcoming industry engagements, and new interoperability frameworks are shaping investor interest and institutional adoption prospects.

Quant Advances Fusion Devnet, Targets Banks with Interoperability Push

Quant recently confirmed the successful testing of its open-source connector specification, which is a technical update for its Fusion Devnet.

These connectors were developed for major blockchain ecosystems like Ethereum Virtual Machine (EVM), Hedera, and Sui networks, allowing seamless integration with Quant’s unique Layer 2.5 architecture.

This architecture enables different blockchains to communicate and transact efficiently. The team is currently working on automating connector deployment within Fusion, which would streamline network expansion and user onboarding.

This advancement directly targets banks and large institutions, a core market for Quant.

Since $QNT tokens are required for both transaction fees and staking, institutional use could generate consistent buy pressure as organizations lock tokens to access the network. If adoption scales, this mechanism may gradually tighten supply while reinforcing $QNT’s long-term value.

Quant confirmed participation at Sibos 2025, where it will showcase its programmable settlement infrastructure to highlight how European banks can transition from legacy payment systems into tokenized markets.

Direct interaction with decision-makers as banks, payment providers, and regulators may significantly increase Quant’s chances of accelerating real-world adoption, especially for central bank digital currencies (CBDCs) and institutional digital assets.

On the product front, Quant has launched the Overledger Fusion, a framework designed to facilitate interoperable stablecoin issuance across blockchains.

CEO Gilbert Verdian emphasized that the rollout will be phased, starting with foundational infrastructure that ensures secure asset movement before expanding into advanced applications. This phased approach reflects Quant’s strategy of building trust with institutions, focusing first on reliability before scaling features.

Looking ahead, the launch of the Fusion Mainnet will be pivotal. It aims to support cross-chain transactions with real-world assets while introducing $QNT staking through the Trusted Node Program.

Staking rewards will incentivize users to secure the network, while a reduced circulating supply could positively impact token valuation. However, competition from interoperability leaders like Polkadot and Cosmos could present challenges.

$QNT Attempts Recovery, But Bears Still Lurk Near Key Resistance Levels

After hitting a local low around $100, $QNT is attempting a rebound, closing near $104.68 on the 4-hour chart.

The bounce comes amid modest signs of accumulation pressure, but the rally is not yet convincing—especially as price action approaches a band of moving average resistances and struggles to build sustainable momentum.

The 20, 50, and 100-period SMAs are closely stacked overhead at $105.34, $105.92, and $108.81, respectively.

This tight cluster of moving averages forms a technical ceiling that $QNT must decisively clear to signal a meaningful trend reversal. Their current downward slope indicates that $QNT remains in a broader bearish regime, and any break above these levels will require a strong impulse—likely through volume expansion and buyer dominance.

From a lower timeframe volume footprint (15-min), the recovery push was met with mixed absorption.

While several clusters saw aggressive buyers stepping in above 104.80, sellers consistently countered with sizable ask pressure, particularly at $105.00 and $105.20.

Most recent deltas showed little net advantage to either side, but total volume has been thinning, suggesting a wait-and-see mode among market participants.

This hesitation is echoed in the derivatives landscape.

According to Coinglass data, 24-hour volume dropped sharply by over 33%, and open interest dipped slightly (-1.57%) to $26.27M, indicating a lack of new capital commitment.

The long/short ratio remains close to neutral at 0.96, while the funding rate is just above zero, neither strongly favoring bulls nor bears. What’s notable, however, is that top trader positioning on Binance shows a tilt toward longs, perhaps anticipating continuation if price manages to clear the $106–$108 band.

For now, momentum indicators like RSI (47.99) and MACD (still below the zero line) reflect a market that’s trying to lift itself but hasn’t yet flipped the structure. A close above the 100-SMA would add conviction, but unless volume re-accelerates and the footprint shows persistent bid aggression, $QNT remains at risk of another rejection from the moving average cluster.

Somnia has launched its Developer Network (Devnet), providing developers and Web3 users access to its high-performance blockchain technology. Positioned as the “dream computer” for a fully on-chain world, Somnia is designed to support reactive, mass-consumer applications such as games, decentralized finance (DeFi), social finance (SocialFi), and metaverse projects.

Somnia Devnet Innovation and Performance Metrics

In internal testing, Somnia’s Devnet has demonstrated the ability to process a staggering 400,000 transactions per second (TPS), achieving transaction finality in under a second. On top of that, transaction costs remain below one cent, even under high network loads.

Somnia’s performance is due to innovations in execution, database, networking and consensus. The platform’s database has a read-and-write time of between 15 to 100 nanoseconds, reducing latency significantly. The advanced networking can also transmit 10 to 20 times more data between nodes.

Moreover, full EVM compatibility allows developers to use familiar tools and languages and build decentralized applications that require real-time responsiveness.

Furthermore, by allowing instant reactions to on-chain events directly in Solidity, Somnia opens possibilities for fully decentralized applications like interactive games and live event platforms. This capability looks to enhance user experience and broaden the scope of applications that can be effectively deployed on the blockchain.

Developer Support with $10 Million Grant

To build a robust developer ecosystem, Somnia is inviting developers to apply for whitelisting to join its initial developer cohort. Also, the company has announced a $10 million grant program aimed at supporting developers with funding, technical guidance, and go-to-market strategies.

Early infrastructure partners include Ankr, which will provide Remote Procedure Call (RPC) services to enhance network connectivity and reliability.

Hemera’s Social Scan will power the block explorer, allowing users to monitor blockchain transactions. Additionally, thirdweb will offer tools for developing EVM-compatible decentralized applications, simplifying the development process.

Public Testing

Somnia’s Devnet will be open for public testing during certain hours, allowing users to interact with decentralized applications such as a decentralized exchange (DEX), NFTs, and games.

With this approach, they intend to gather valuable feedback and test the platform’s capabilities in a live environment. Users can request Somnia Test Tokens (STT) through a faucet on the platform to participate in testing.

Finally, developers and users interested in exploring Somnia’s technology can find more information about Devnet access, the grant program, and the whitelisting process on their website. With the launch of its Devnet, Somnia aims to bring more data and functionality on-chain, potentially influencing how decentralized applications develop in the future.

Editor’s note: Written with the assistance of AI – Edited and fact-checked by Jason Newey.

Somnia, a Layer-1 blockchain designed for apps that need high-speed, reliable performance, has announced a set of Devnet test results that may change what people expect from blockchain technology. The team revealed that, under conditions meant to mirror everyday use, the network handled up to 1.05 million ERC-20 token transfers per second (TPS).

High Throughput: 300,000 NFT Mints and 50,000 Trades Per Second

Somnia also showed off the ability to mint 300,000 NFTs each second—digital collectibles tracked on the blockchain—while maintaining an average block time of just 100 milliseconds.

In another highlight of the Devnet, Somnia managed 50,000 Uniswap trades per second across 100,000 accounts, mimicking real-world usage. Uniswap is a decentralized exchange protocol used for swapping tokens, so pushing 50,000 trades every second suggests Somnia can handle huge spikes of activity without slowing down.

Each test was carried out across 100 different nodes in multiple regions, all running on powerful hardware with as many as 32 virtual CPUs and 120GB of RAM. Network delays remained below one second, around 900 milliseconds, while the system processed about 50 “Gigagas” per second—a measure of how much data can be handled for executing blockchain transactions.

Cutting-Edge Technology Under the Hood

Somnia’s architecture, developed by Improbable, relies on a custom EVM compiler and advanced compression methods to keep things running fast and cheap. EVM stands for Ethereum Virtual Machine—basically the part of the blockchain that processes smart contracts. With a custom EVM, Somnia fine-tunes how transactions are processed to hit high speeds.

A highlight here is IceDB, a specialized database with read-and-write speeds measured in nanoseconds (15 to 100 ns). That’s extremely quick, helping keep transaction costs below a penny.

In explaining the remarkable numbers in the Devnet test, Paul Thomas, Somnia’s Founder and CEO, said, “Our technology is designed to support the demanding requirements of high-performance dApps while maintaining exceptional performance and cost-efficiency, and these impressive results validate our approach.”

He added, “These results have exceeded our expectations, showcasing Somnia’s ability to push past the usual limitations of blockchain technology. We’re opening the door to a new era of fully on-chain applications where speed and scalability are no longer barriers for developers.”

Public Testnet and What Comes Next

Somnia’s next big move is launching a public testnet so developers and community members can see firsthand how these speeds hold up in a broader setting. Early adopters will be able to experiment with building gaming platforms, social networks, or finance apps right on the chain—without worrying about slow transaction times or pricey fees.

Looking ahead, the team says it will keep improving Somnia’s core technology. Focusing on both speed and affordability hopes to spark a wave of new on-chain experiences that were previously impossible due to the limits of older blockchains. If the Devnet results are any sign, Somnia could be setting a whole new pace for Web3 innovation.