QUAI Hits 6M Transactions, Eyes Binance Listing
- QUAI community is pushing for a Binance listing to boost visibility and liquidity.
- Quai Network reached 6 million transactions, showcasing its scalability.
- The networks innovative PoEM consensus enables 50,000+ transactions per second.
Quai Network, a multi-layered blockchain platform reached a milestone of 6 million transactions. This merge-mined network of blockchains is designed for high throughput and scalability could be a game-changer for crypto adoption.
With its unique consensus mechanism called Proof-of-Entropy-Minima (PoEM), the network coordinates an unlimited number of blockchains, or execution shards. This underlying infrastructure enables the network to process over 50,000 transactions per second, with blocks produced nearly every 1.1 seconds. It offers a composable multithreaded execution environment.
Recently, Quai launched its Liquid Mining Token (LMT), unlocking new opportunities for miners and traders. LMTs turn locked Proof-of-Work rewards into tradable assets, boosting network security and DeFi integration.
By mining into an LMTs smart contract, miners can choose to lock their rewards for up to 12 months earning up to 25% extra yield.
Quai also boasts a stablecoin tied to global energy prices, and a payment system called Blip, designed for fast and low-cost global internet payments.
QUAIs Path to $0.20: $0.16 Resistance
Price-wise, however, QUAI is down by 66% from its ATH in February 2025, in alignment with the broader market lows. However, based on KPIs like active wallets and mining hashrate to competitors, experts are seeing a strong recovery and suggesting that the token is clearly undervalued.
Stability is crucial for maintaining significant upside potential. Traders and investors should closely monitor the $0.16 resistance level. The projects well-designed market structure and the upcoming activation of the token make it a token to watch closely.
Since its Token Generation Event (TGE) on February 19, 2025, the QUAI token has attracted attention for its innovation and potential. With Binances new Vote to List mechanism, the community is rallying behind the project.
As the crypto market witness a renewed surge in blockchains after the 2024 bull run, Quai Network, with its Proof-of-Work security and decentralization, is well-positioned to meet the demands of major exchanges. The token is already listed on MEXC, Gate.io, and LBank, and the community is actively pushing for a Binance listing to further increase the tokens visibility and liquidity.
Read more: https://www.tronweekly.com/quai-transactions-eyes-binance-listing/
Text source: TronWeekly
