Latest Quai Network (QUAI) Price Analysis

By CMC AI
23 August 2025 10:51AM (UTC+0)

Why is QUAI’s price up today? (23/08/2025)

TLDR
Quai Network (QUAI) rose 6.14% in the past 24h, outpacing the broader crypto market’s 4.43% gain. Key drivers include a critical network upgrade deadline, developer momentum, and strategic partnerships.

  1. Mandatory Node Upgrade Deadline (Bullish Impact)
  2. Developer Activity & Partnerships (Mixed Impact)
  3. Technical Breakout (Bullish Signal)

Deep Dive

1. Mandatory Node Upgrade Deadline (Bullish Impact)

Overview:
Quai Network’s v0.48.0 upgrade went live on August 19, introducing new EVM opcodes and consensus improvements. Nodes must upgrade by August 23 (today) to avoid network partitioning.

What this means:
The urgency to maintain network participation likely increased short-term demand for QUAI, as validators and miners prepared for the update. Such protocol upgrades often trigger speculative buying due to perceived long-term utility improvements.

Key watch: Node compliance rates post-deadline and network stability metrics.

2. Developer Momentum & Partnerships (Mixed Impact)

Overview:
Recent collaborations with Tangem (hardware wallet integration) and thirdweb (developer tools) aim to expand Quai’s ecosystem. However, these partnerships were announced 1–2 weeks ago, suggesting delayed market reaction.

What this means:
While partnerships enhance infrastructure credibility, the lagged price response implies traders may be pricing in future adoption potential rather than immediate use-case growth. Mixed impact due to unproven user traction.

3. Technical Breakout (Bullish Signal)

Overview:
QUAI broke above its pivot point ($0.04045) and 7-day SMA ($0.0384), with RSI (14) at 40.23 indicating room for upward momentum.

What this means:
The move above key resistance levels likely triggered algorithmic and retail buying. However, MACD remains bearish (-0.0000987), suggesting caution about sustainability without volume confirmation.


Conclusion

QUAI’s 24h rally reflects a mix of upgrade-driven urgency, delayed partnership optimism, and technical momentum. While the network’s focus on scalability (50k+ TPS via Proof-of-Entropy-Minima) positions it for long-term relevance, short-term volatility risks remain amid thin liquidity ($1.4M 24h volume).

Key watch: Post-upgrade network health metrics and whether QUAI holds above $0.0405 support.

Why is QUAI’s price down today? (21/08/2025)

TLDR
Quai Network (QUAI) saw a minor 0.28% dip in the past hour, contributing to a flat 24-hour performance (+0.07%). The broader context shows a 7-day decline of 8.44% and a 30-day drop of 28.45%, aligning with weak technicals and muted ecosystem catalysts.

  1. Technical Weakness – Oversold RSI, bearish MACD divergence.
  2. Market-Wide Pressures – Altcoin sentiment lags as Bitcoin dominance rises.
  3. Low Liquidity – Thin trading volume amplifies volatility.

Deep Dive

1. Technical Breakdown (Bearish Impact)

Overview: QUAI’s price ($0.0376) sits below critical moving averages (30-day SMA: $0.0475), with RSI at 33.26 signaling oversold conditions. The MACD histogram (-0.0006198) confirms bearish momentum, while Fibonacci retracement levels suggest resistance at $0.0393–$0.0482.

What this means: Weak technical structure reduces trader confidence, creating sell-pressure near local resistance. The lack of bullish reversal patterns (e.g., RSI divergence) suggests consolidation or further downside.

What to watch: A sustained break above the 30-day SMA ($0.0475) could signal trend reversal.


2. Altcoin Sentiment Drag (Mixed Impact)

Overview: The Altcoin Season Index sits at 42 (down 23.64% monthly), reflecting capital rotation toward Bitcoin (+58.6% dominance). Tokenized RWAs and AI narratives have diverted attention from mid-cap projects like QUAI.

What this means: QUAI faces headwinds from sector-wide risk aversion. While its Proof-of-Entropy-Minima consensus and energy-backed Qi stablecoin offer differentiation, adoption metrics (e.g., network activity, developer traction) remain under the radar.


3. Liquidity Constraints (Bearish Impact)

Overview: QUAI’s 24-hour volume of $1.29M represents just 0.07% of its self-reported market cap, indicating shallow order books. Turnover (volume/market cap) of 7.17% lags behind top altcoins (>20–30%), exacerbating price swings.

What this means: Low liquidity magnifies sell-offs during bearish phases. The token’s reliance on smaller exchanges (e.g., CoinEx) further limits price discovery.


Conclusion

QUAI’s near-term price reflects technical exhaustion, sector-wide caution, and liquidity bottlenecks. While its energy-backed stablecoin (Qi) and recent thirdweb integration offer long-term utility, traders appear hesitant amid broader market uncertainty.

Key watch: Node adoption of the v0.48.0 upgrade by August 23 – a smooth transition could stabilize miner sentiment and network security.

CMC AI can make mistakes. Not financial advice.
QUAI
Quai NetworkQUAI
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$0.04056

1.55% (1d)