While quantum computing news is popping up everywhere, nothing has grabbed attention like some of the stories months ago.
Yet larger marketcap QR projects like QRL and QANX have spiked 100% from recent lows. QRL is up 400% on the year. These appear to be moving as they inch closer to major deliveries.
For QRL it is a major upgrade now in test moving from PoW to PoS, XMSS to SPHINCS+, and evm compatibility. This should be entering audit phase soon.
For QANX a lengthy audit is just about wrapping up, confirming their QVM enabling smart contracts in any programming language that runs on Linux Kernel. They also got a boost as the CTO mentioned they will share an extraordinary product built during the audit process, which will open source after publishing the results. Note – I hold QANX and have followed this project for years.
A couple smaller ones like MCM and ABEL have also started moving. But the others aren't doing much.
The category had often moved together on news, but that doesn't look to be the driver now.
As far as Quantum Computing news, Qanplatform posted "Meanwhile, the US is ramping up its quantum ambitions with major federal investment and private giants like IBM, Google, and Microsoft leading the charge. Google is aiming to build a million-qubit quantum computer, while IBM is targeting a 10,000-qubit system by 2029. Microsoft is developing the technology to enable large-scale quantum machines, pushing the boundaries for the next decade.
China’s pouring billions into quantum tech, and has already shipped an operational 1000 qubit quantum computer as it tries to get a leg up in the quantum race with quantum communication patents and infrastructure."
From my perspective, it does appear the worldwide risk is starting to be recognized by the crypto community. It will be an ongoing topic as top chains try to plan and reach consensus on how to protect against the incoming threat to their existing cryptography.
