QTUM (Qtum) 24-hour pump 3.87%

Gate News Bot news, on September 4th, according to CoinMarketCap, as of the time of writing, QTUM (Qtum) is currently priced at $2.73, with a rise of 3.87% in the last 24 hours, reaching a high of $3.11 and a low of $2.54. The 24-hour volume has reached $102 million. The current market capitalization is approximately $288 million, an increase of $10.7 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 blockchain platform. Qtum uses a proof-of-stake consensus mechanism, integrating Bitcoin's UTXO model with Ethereum's smart contract capabilities to provide a feature-rich and scalable infrastructure for decentralized applications.

Recent important news about QTUM:

1️⃣ Qtum platform logs into Amazon Web Services The Qtum blockchain platform is now available through Amazon Web Services (AWS). This significant advancement will greatly enhance the accessibility and deployment convenience of Qtum, providing more options for developers and enterprise users. AWS's global infrastructure will aid in the further expansion of the Qtum network and the development of application scenarios.

2️⃣ QTUM focuses on the development of the DeFi sector The Qtum project is actively expanding its layout in the decentralized finance (DeFi) field. With the continuous growth of the DeFi market, Qtum provides strong support for DeFi application development through its smart contract functionality and efficient blockchain infrastructure. This strategic focus is expected to attract more developers and users, promoting the prosperity of the ecosystem.

3️⃣ AI-driven smart contract interface development Agrello is building an AI-based smart contract interface on the Qtum platform. This innovative project aims to simplify the creation and management of smart contracts, making it easy for non-technical users to utilize blockchain technology. This collaboration will enhance Qtum's practicality, potentially attracting more enterprise-level applications.

From a technical perspective, QTUM's recent price performance has been strong, breaking through multiple resistance levels. Considering its ongoing development in DeFi and enterprise applications, the market remains optimistic about QTUM's long-term prospects. However, investors should still be cautious of potential pullback risks in the short term.

This message is not to be considered as investment advice; investors should be aware of market volatility risks.