Deep Dive
1. Halving Anticipation (Bullish Impact)
Overview: Qtum’s second halving is scheduled for December 2025, reducing block rewards from 0.5 to 0.25 QTUM. Historically, the 2021 halving preceded price gains as supply tightened.
What this means: Reduced issuance could pressure prices upward if demand holds, especially with open interest in derivatives rising (noted in CCN analysis). However, similar to Bitcoin halvings, the effect may already be partially priced in.
What to watch: Trader positioning in futures and updates on halving timing.
2. Technical Breakout Signals (Mixed Sentiment)
Overview: QTUM reclaimed its 7-day SMA ($2.23) and 30-day SMA ($2.34), with the MACD histogram turning positive (+0.0074). However, RSI-14 sits at 39.29, indicating neither oversold nor overbought conditions.
What this means: The move above $2.34 suggests short-term bullish momentum, but resistance looms at the 23.6% Fibonacci level ($2.56). A failure to hold $2.30 (50% Fibonacci) could trigger profit-taking.
Key level: A close above $2.56 could target $2.72 (swing high), while a drop below $2.16 (pivot point) risks retesting $2.05.
3. Ecosystem Developments (Neutral/Bullish)
Overview: July’s announcement of a native Qtum stablecoin (CoinMarketCap) aims to boost DeFi utility, while staking generated 40,000 QTUM last month (Qtum tweet).
What this means: While the stablecoin could improve liquidity long-term, adoption remains unproven. Staking rewards (5–10% APY) may incentivize holding but haven’t reversed the 30-day downtrend.
Conclusion
Qtum’s 24h surge reflects a mix of halving speculation, technical triggers, and cautious optimism around ecosystem upgrades. However, the token remains 63% below its 2025 high of $3.48, highlighting persistent challenges in competing with newer Layer 1 chains.
Key watch: Can QTUM hold above $2.38 (50% Fibonacci) through the halving hype, or will profit-taking erase gains? Monitor derivatives data and stablecoin rollout progress.