Highlights
- Qtum Upgrade: Scheduled for February 15, 2025, at block 4,590,000.
- Exchange Support: HTX, MEXC, and Binance will pause QTUM transactions temporarily.
- Ecosystem Growth: DeepSeek AI launches on Qtum.ai, enhancing scalability and AI integration.
The Qtum (QTUM) price surged 25% in 24 hours, trading at **$3.55** with a **185% spike** in trading volume ($230M). This rally follows major exchanges announcing support for Qtum’s network upgrade and hard fork at block height 4,590,000 (~07:30 UTC on Feb 15).
Key Developments
Exchange Preparations:
- HTX suspends QTUM deposits/withdrawals starting Feb 15 at 05:00 UTC.
- MEXC halts withdrawals at 05:30 UTC but ensures smooth upgrade handling.
Upgrade Benefits:
- Enhanced network performance, security, and scalability.
- Increased investor confidence driving QTUM’s price momentum.
DeepSeek AI Integration:
- Qtum.ai will launch DeepSeek Distributed Inference next week.
- Optimized backend infrastructure bolsters Qtum’s practicality for large-scale ecosystems.
👉 Trade QTUM on leading exchanges
QTUM Price Analysis: Bullish Breakout Signals Trend Reversal
After weeks of consolidation, QTUM broke out of a bearish channel, now trading at $3.435. Key technical insights:
- RSI at 66.02: Nearing overbought territory but reflects strong demand.
- Resistance Levels: Next targets at $4.50–$5.00 (previous selling zone).
- Support Zone: Critical hold above $3.267 to sustain uptrend.
Upgrade Catalyst
The Feb 15 upgrade is a fundamental driver, with exchanges like HTX and MEXC backing the transition. This technical enhancement could solidify QTUM’s long-term adoption.
Outlook:
- Upside Scenario: Holding $3.267 may propel QTUM to $5.00.
- Downside Risk: Failure to maintain momentum could retest $2.97–$3.00 support.
FAQs
Q1: What is the Qtum network upgrade?
A: A hard fork at block 4,590,000 (Feb 15, 2025) to improve scalability and security.
Q2: How do exchanges support the upgrade?
A: By pausing QTUM transactions (deposits/withdrawals) temporarily to ensure smooth transition.
Q3: Why is QTUM’s price rising?
A: Due to upgrade optimism, exchange support, and DeepSeek AI’s ecosystem integration.
👉 Explore Qtum’s latest developments
Q4: What are QTUM’s key price levels?
A: Resistance at $5.00; support at $3.00. A breakout above $3.50 could signal further gains.
Q5: How does DeepSeek AI benefit Qtum?
A: Enhances distributed inference capabilities, making Qtum more viable for AI-driven applications.
Conclusion
Qtum’s 25% surge reflects bullish sentiment ahead of its network upgrade and AI advancements. With strong exchange backing and technical resilience, QTUM eyes a 50% upside toward $5.00. Traders should monitor volume and breakout confirmations for sustained momentum.