Why did it rise recently?$QNT

QNT is an institutional-focused coin, not retail.
The last surge that took it above $100 was due to major news:
• A partnership with The Clearing House, which is the core payments system in the United States; the price rose 27% in a single day after the news 
• UK banks began trialing tokenized deposits using the Overledger infrastructure from Quant Network, which is what caused institutional volume to rise by more than 553%
This makes it a candidate to become the infrastructure for CBDCs (Central Bank Digital Currencies).