Quant Token QNT Now Available on Solana via Sunrise and Raydium
(13 hours ago) · 1 source · Summarized by CryptoBipto
The QNT token, associated with the Quant network, has gained liquidity on the Solana blockchain through integrations with Sunrise and the Raydium decentralized exchange. This expansion allows QNT to be traded within the Solana ecosystem for the first time.
WHY IT MATTERS
When a cryptocurrency token becomes available on a new blockchain, it is similar to a product being sold in a new store chain — more people can access it. Solana is a popular blockchain known for fast and inexpensive transactions. Raydium is a decentralized exchange (DEX) on Solana, which means it lets people trade tokens directly from their wallets without a central company managing the trades. QNT being listed there means Solana users can now trade it without needing to use the Ethereum network, where transaction fees (called "gas fees") can sometimes be higher. A "bridge" in crypto refers to technology that moves tokens between different blockchains, somewhat like converting currency when traveling between countries.
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- newsbtc.com
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