QTUM (Qtum) has pumped 28.57% in the last 24 hours.

Gate News Bot news, on August 25, according to CoinMarketCap data, QTUM (Qtum) is currently priced at $3.23, having risen 28.57% in the last 24 hours, with a peak of $3.47 and a low of $1.97. The 24-hour volume reached $550 million. The current market capitalization is approximately $342 million, which is an increase of $76 million compared to yesterday.

QTUM is a decentralized open-source public blockchain that combines the security of Bitcoin with the smart contract functionality of Ethereum. It is a fast, environmentally friendly, and future-oriented scalable PoS blockchain platform that unifies Bitcoin's UTXO model with Ethereum's smart contract capabilities. The core principles of QTUM include decentralization, trustlessness, permissionlessness, proof-of-stake, open-source, and community-driven development. The platform supports a variety of wallet ecosystems, including Android, Windows, Mac, Linux, hardware wallets, and web clients.

Important news about QTUM recently:

1️⃣ QTUM platform enters Amazon Web Services The Qtum blockchain platform has officially landed on Amazon Web Services (AWS). This strategic deployment greatly enhances the accessibility and application scope of Qtum, providing developers with a more convenient blockchain development environment. Through AWS's extensive user base, Qtum is expected to attract more project parties to build applications on its platform, thereby expanding its ecosystem scale.

2️⃣ Agrello chooses Qtum to build an AI-driven smart contract interface The legal tech company Agrello announced that it will develop its AI-driven smart contract interface on the Qtum blockchain. This collaboration not only highlights Qtum's technological advantages in the smart contract field but also brings new application scenarios and potential user groups to Qtum. The combination of legal tech and blockchain may open up new market opportunities for Qtum.

3️⃣ Qtum focuses on building the DeFi ecosystem Qtum has recently shifted its focus towards the decentralized finance (DeFi) sector, and this strategic adjustment is an important factor for the significant rise in QTUM prices. Qtum is actively developing and introducing various DeFi applications to enhance the diversity and attractiveness of its ecosystem. The rapid development trend of DeFi may bring sustained growth momentum to Qtum.

From a technical perspective, QTUM has shown a strong pump momentum after breaking through key resistance levels, and it may continue to maintain an upward channel in the short term. However, investors still need to be cautious of potential pullback risks and closely monitor the overall market trends and the project's subsequent developments.

This message is not an investment advice, please be aware of market volatility risks when investing.