Qtum Price

Qtum is a blockchain platform that combines Bitcoin's UTXO model with Ethereum's virtual machine technology. Currently ranked #256 with a price of $2.41, it has seen a +6.16% change in the last 24 hours. Qtum uses a Proof-of-Stake consensus mechanism, allowing users to earn rewards by staking their coins. The platform supports smart contracts, DeFi applications, and NFTs while maintaining security and scalability. With a market cap of $254.91M and a circulating supply of 105.72M QTUM, Qtum serves as the native token for transaction fees, staking, and governance on the network. The project was founded in 2025 and is headquartered in Singapore, with additional offices internationally.

Qtum was created in 2016. The cryptocurrency was developed and launched by the Qtum Foundation, a Singapore-based non-profit organization. The foundation officially released QTUM in May 2017 when it was first listed on cryptocurrency exchanges. Qtum combines Bitcoin's UTXO model with Ethereum's virtual machine technology to create a unique blockchain platform that supports smart contracts and decentralized applications.

Qtum was founded in 2016 by three key individuals: Patrick Dai (also known as Steven Dai) who serves as the project's CEO, Jordan Earls who acts as the CTO, and Neil Mahi as the Chief Blockchain Architect. The team launched an ICO (Initial Coin Offering) in March 2017, which was highly successful, raising approximately $15.6 million in just five days. These founders combined their expertise in blockchain technology to create Qtum, which aims to merge Bitcoin's security with Ethereum's smart contract functionality.

Qtum works by combining Bitcoin's UTXO model with Ethereum's virtual machine capabilities. It uses a unique Account Abstraction Layer that allows the blockchain to interact with multiple virtual machines. Qtum operates on a Proof-of-Stake consensus mechanism, which is more energy-efficient than Proof-of-Work. The native token QTUM is used for transaction fees, staking (which can be done offline), and governance voting. With a current price of $2.41 and market cap of $254.91M, QTUM has seen a +6.16% change in the last 24 hours. Qtum's architecture enables smart contracts, DeFi applications, and NFTs while maintaining compatibility with existing Bitcoin and Ethereum infrastructure. The total supply is capped at 107.82M QTUM, with 105.72M QTUM currently in circulation. This hybrid approach makes Qtum a versatile platform for developers building decentralized applications.

Qtum combines Bitcoin's UTXO model with Ethereum's smart contract capabilities through a unique architecture. It uses a proof-of-stake consensus mechanism called Mutualized Proof-of-Stake (MPoS) that requires minimal energy consumption. The technical foundation includes: 1. Account Abstraction Layer (AAL) - Allows the Bitcoin-based blockchain to interact with the Ethereum Virtual Machine (EVM) 2. Decentralized Governance Protocol (DGP) - Enables network parameters to be modified without hard forks 3. x86 Virtual Machine - Supports multiple programming languages beyond Solidity 4. Qtum-x86 - A smart contract platform that allows developers to write contracts in familiar languages like C, C++, and Rust This hybrid architecture makes Qtum highly scalable and business-friendly while maintaining security and decentralization. The platform currently has 105.72M QTUM tokens in circulation out of a maximum supply of 107.82M QTUM.

Qtum has an ambitious roadmap focused on enhancing its UTXO-based smart contract platform. In 2025, the team is working on improving scalability through layer-2 solutions and implementing cross-chain interoperability features. By 2026, QTUM plans to launch advanced DeFi capabilities and expand its enterprise blockchain solutions. The roadmap includes further decentralization of governance, enhanced staking mechanisms, and integration with more Web3 applications. Qtum's future development prioritizes security, scalability, and user experience while maintaining its unique position as a bridge between Bitcoin and Ethereum technologies. With a current market cap of $254.91M and growing developer activity, QTUM is positioning itself as a versatile platform for the next generation of decentralized applications, particularly in DeFi and enterprise blockchain solutions.