@quantnetwork and @SeiNetwork have emerged as the standout performers among crypto majors this week, posting weekly gains of approximately 59% and 52% respectively, according to data shared b
@quantnetwork and @SeiNetwork have emerged as the standout performers among crypto majors this week, posting weekly gains of approximately 59% and 52% respectively, according to data shared by @BSCNews.
The move in $QNT is far from speculative noise. The rally followed a September 24 announcement that Quant had been selected by The Clearing House (TCH) to provide the interoperability layer for its On-Chain Money Initiative, aimed at developing a U.S. tokenized deposit network.Quant partnered with The Clearing House, which processes over $2 trillion in daily transaction volume, to serve as the interoperability framework for tokenized deposits, with the network launch targeted for the first half of 2027.
The U.S. selection also follows Quant's work on a separate British banking project. On September 24, six UK institutions completed live customer transactions through the Great British Tokenised Deposit initiative, which Quant supported alongside EY and Linklaters.
Quant's rally coincided with broader altcoin strength, helping it break above a long-term descending trendline, while trading volume surged 718%, providing additional technical confirmation of the move.The rally is also happening immediately before Sibos 2026, one of the world's largest banking and financial-infrastructure conferences, where Quant will attend the event in Miami from September 28 through October 1.
$SEI also posted sharp weekly gains, with @SeiNetwork benefiting from a broader pickup in altcoin demand. Sei Network's price action is gaining fresh attention as the layer-1 chain stages a sharp turnaround after a rough multi-month stretch, with buying interest picking up across spot and derivatives markets alike.
$QNT and $SEI are closely followed by @ethena, @LayerZero_Core, and @SuiNetwork in terms of weekly performance. According to CoinGecko, the total crypto market value stood near $2.98 trillion on September 26.
As with any sharp short-term move, the key question is sustainability. From a technical perspective, the $100 to $103 area represents the next significant resistance zone for QNT. Traders will be watching whether the institutional narrative around Quant's tokenized deposit role continues to attract fresh capital, or whether the market takes a pause to consolidate the rapid gains.
Sources:crypto.news: Quant, Ethena and Bitway lead weekly crypto gainsCoinpedia: Quant Price Explodes After Clearing House DealFinbold: QNT price analysis and institutional partnership context
