Larry

Quant

World

Algorand

Chainlink

Quant has dropped sharply this month, erasing some of the gains made between November and December last year. 
Quant (<a rel="" href="https://crypto.news/price/quant/">QNT</a>) price has dropped to $110, down by almost 36% from its highest level in December.&nbsp; 
The coin’s decline happened as on-chain data pointed showed that the number of addresses in the network is no longer growing. According to <a href="https://app.intotheblock.com/coin/QNT/deep-dive?group=network&amp;subgroup=addressStats" target="_blank" rel="nofollow">IntoTheBlock</a>, the total addresses with balance has stagnated at 144,000. As shown below, the account growth has been stagnant since January last year. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="3230" height="1225" src="https://crypto.news/app/uploads/2025/01/Quant-addresses.jpeg" alt="Quant Network address count" class="wp-image-14330112">
 <figcaption class="wp-element-caption">
 Quant Network address count | Source: <a href="https://app.intotheblock.com/coin/QNT/deep-dive?group=network&amp;subgroup=addressStats" target="_blank" rel="nofollow">IntoTheBlock</a>
 </figcaption>
</figure> 
More data shows that the number of new addresses in the network has dropped to less than 300 a day. This slow growth is likely because many crypto traders have rotated from many traditional coins to newer tokens like Official Trump (<a rel="" href="https://crypto.news/price/official-trump/">TRUMP</a>) and Fartcoin.&nbsp; 
Quant is a popular crypto project that provides services in the payment, capital markets, and supply chain solutions. It has become a major player in the Real World Asset or RWA tokenization industry, through its overledger solution.&nbsp; 
Overledger is an enterprise-ready solution that lets participants issue interoperable tokenized assets between different blockchains. Analysts believe that RWA will be a big deal in the future as many physical assets are tokenized. For example, McKinsey estimates that the industry will be worth $2 trillion by 2039, positioning Quant and Chainlink (<a rel="" href="https://crypto.news/price/chainlink/">LINK</a>) as key players.&nbsp; 
 You might also like: <a rel="" href="https://crypto.news/blackrock-ceo-larry-fink-calls-for-tokenized-stocks-and-bonds/"> BlackRock CEO Larry Fink calls for tokenized stocks and bonds </a> 
<h2 class="wp-block-heading" id="quant-price-has-formed-a-risky-pattern">Quant price has formed a risky pattern</h2> 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="3574" height="1982" src="https://crypto.news/app/uploads/2025/01/Quant-Price.png" alt="Quant price chart" class="wp-image-14330111">
 <figcaption class="wp-element-caption">
 QNT price chart | Source: <a rel="" href="https://crypto.news/price/quant/">crypto.news</a>
 </figcaption>
</figure> 
The daily chart shows that the QNT price has formed a high-risk chart pattern that could lead to a strong bearish breakdown. It peaked at $171.3 in December and then plunged to $95 this month. It has now been in a consolidation phase, forming a bearish flag pattern. This pattern has a long line followed by a rectangle pattern and is usually followed by a strong bearish breakdown. 
Quant price has also dropped below the Ichimoku cloud indicator and the 50-day moving average. The MACD indicator has also moved below the zero line.&nbsp; 
Therefore, the QNT price will likely have a bearish breakdown, with the next point to watch being at $80.6, its highest swing in September last year. 
 You might also like: <a rel="" href="https://crypto.news/algorand-price-eyes-a-50-surge-as-active-addresses-transactions-rise/"> Algorand price eyes a 50% surge as active addresses, transactions rise </a>

Quant price forms a risky pattern as active addresses fall

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