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Cryptocurrency News Articles
Easily Mistaken for the Quai DAO Token, the Quai Token Was Launched in February This Year
Apr 01, 2025 at 11:32 pm
Easily mistaken for the Quai DAO token, the Quai token was launched in February this year. The token supports the growth of the Quai Network
Easily mistaken for the Quai DAO token, the Quai token was launched in February this year. The token supports the growth of the Quai Network, a Proof-of-Work Layer 1 blockchain. Quai Network is the world’s first decentralized financial system built to operate independently of any central authority. It is aimed at replacing the legacy financial system. Today we explore how much the $QUAI token might grow in 2025.
Founded by Yanni Georghiades, Alan Orwick, Jonathan Downing, Karl Kreder, and Sriram Vishwanath, the story of Quai started in 2018 at the University of Texas in Austin. The story of the $QUAI token started in February this year. According to TradingView, Quai initially traded for $0.36 but has since dropped to just over $0.08 today.
Crypto PaymentsFutureMoney, at its core, serves three functions:1⃣ a unit of account (you need to know the price of something)2⃣ a medium of exchange (you need to be able to use money to pay that price)3⃣ a store of value (holding wealth over time)Then, to truly become… pic.twitter.com/itCjnCjiRN
“The launch of $QUAI marks a major milestone for the crypto industry, and the strong market response reflects the momentum behind the network,” said Alan Orwick, Co-Founder of Quai Network. “With $32 million in volume over the first three days and an impressive daily trading volume of $16 million, alongside a rapidly growing community, Quai is proving that scalable PoW can drive real adoption. This is just the beginning; we’re building a decentralized, high-throughput blockchain that can achieve the original vision of cryptocurrencies.”
Why $QUAI is One to Watch
First, it’s important to point out that $QUAI is not just another utility token. It operates a novel consensus algorithm that is based on ‘Proof-of-Entropy-Minima’ (PoEM). This means that it offers an improvement on traditional Proof-of-Work efficiency by utilizing execution sharding, parallelization, and a hierarchy of merge-mined chains. It is also fully compatible with Ethereum Virtual Machine or EVM.
🚀 QUAI Transactions Activate February 19th!A major milestone approaches! Starting February 19th, full $QUAI transaction capabilities come to Quai Network mainnet!🔮 What's Coming:▫️Sending & receiving $QUAI▫️Deployment & interaction with smart contracts▫,,,...
The Quai launch was a comprehensive affair, and there is plenty of information on the X platform or Discord if you want to find out more. It all started on the 4th of February. On the 19th of February $QUAI token transfers were activated. It had an initial market cap of $47 million and a $1 billion fully diluted valuation (FDV) at launch.
Quai Network is the first and only scalable, programmable Proof-of-Work blockchain, achieving what was previously thought impossible: genuine decentralization, uncompromised security, and unlimited scalability. It operates a throughput that is capable of 50,000+ transactions per second, and is touted to be the last blockchain that humanity will ever need.
On March 19th the QI token was also launched. This created a complete dual-token model. This dual-token system of $QUAI and QI introduces a revolutionary economic model where $QUAI serves as the programmable foundation for complex financial instruments, whilst QI creates the first decentralized energy dollar. QI is a true medium of exchange intrinsically linked to energy.
Where Can I Acquire $QUAI?
Not many exchanges list the $QUAI token today. Some of those that do include the token are Gate, MEXC, LBank, BitMart, Hotcoin, CoinEX, and Bitrue.
#BitMart is thrilled to announce the primary listing of Quai Network(QUAI) @QuaiNetwork 🔥Quai Network is a next-generation proof-of-work Layer 1 for a new decentralized global monetary system. By merging currency with energy, Quai delivers the world’s first decentralized energy… pic.twitter.com/vKzO8PZiPq
Trading of the $QUAI token saw heavy initial demand in February, but it’s actually the mining of Quai that is of more interest to our readers.
According to Quai’s own statistics, miners are valuing Quai and their rewards much higher than the market value of the token. The miner hash price is what is of interest here. That price is over $0.40 now, which could indicate upside potential.
What is the Qi Stablecoin?
Since the new Quai token was launched, the Quai network native decentralized energy dollar or the Qi token has also been launched.
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