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Quant, Bitcoin & Solana – European Wrap 28 May

cryptonews100_tggfrn by cryptonews100_tggfrn
May 28, 2025
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Quant (QNT) trades at $119, recording an 11% surge at press time on Wednesday, following the announcement of Quant Movement at EBAday in Paris on Tuesday. With the bull run, the vast majority of QNT holders are actually worthwhile, and an optimistic technical outlook suggests a possible breakout from a excessive provide zone.

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Bitcoin (BTC) consolidates round $109,000 on Wednesday, following a gentle correction the day gone by. BTC’s on-chain information suggests weak spot and signifies a possible correction, as profit-taking exercise has reached a three-month excessive. Furthermore, the Federal Open Market Committee (FOMC) Minutes from the May assembly, as a result of be launched in a while Wednesday, may set off volatility within the largest cryptocurrency by market capitalization.

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Solana’s (SOL) price is extending its consolidation between key support and resistance levels, currently hovering around $174 at the time of writing on Wednesday. Its higher lows pattern since the April 7 tariff-triggered crash to $95.55 has been supported by strong sentiment in the broader cryptocurrency market. The bullish outlook mirrors a persistent growth in SOL’s Decentralized Finance (DeFi) Total Value Locked (TVL) and elevated futures contracts Open Interest (OI).

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