After rising 160% percent in 2021, the QTUM price reached an all-time high of $35.70 on May 7. This obscure altcoin, which debuted in September 2017, is a fork of the Bitcoin Core 0.13 version, but it also includes the Ethereum virtual machine (EVM) and smart contract execution capability.
While the Qtum blockchain has an on-chain governance system, it also has an off-chain process for approving and handling larger protocol changes. Decentralized finance (DeFi) has recently been identified as a focus area for the protocol, and steps have been taken to attract new projects.
The number of daily network transactions peaked on May 6, indicating that this strategy is finally paying off. Qtum is aiming to compete with some serious smart contract contenders like Cardano (ADA), Polkadot (DOT), VeChain (VET), and Solana (SOL) and the project has an impressive $2.74 billion market capitalization.
Qtum ( QTUM ) price equal to $47.52 USD at 05 - 08 - 2021 here’s a price prediction on Qtum ( QTUM )
Furthermore, By the end of 2021 we believe the price of Qtum ( QTUM ) will be around $62.16 to $84.62USD.