Kraken has announced that it will open spot trading for QUAI on April 8, 2026. For a token that had been trading mainly on smaller venues such as LBank, the listing puts QUAI in front of a much broader U.S. audience on a more regulated exchange.
The market reacted quickly. According to the source material, QUAI gained 17% to 20% over 24 hours, moving from early lows around $0.025 to highs near $0.036. It later stabilized in the $0.030 to $0.031 range. The price move was sharp, and the volatility was visible right away.
Listing news lifts attention and trading activity
The article puts QUAI’s market capitalization at roughly $25 million to $32 million, with a circulating supply of about 980 million tokens. With Kraken adding the asset, the project may gain wider access to liquidity and a larger pool of traders. Higher trading activity was one of the clearest immediate effects tied to the announcement.
The source also says the team recently burned 60 million tokens. That supply reduction was cited as one factor in current price expectations, though no added on-chain details or timing were provided in the material.
Merged mining and a two-token structure are central to the project
One of QUAI Network’s main technical features is Merged Mining. As described in the source, miners can use existing Bitcoin and Litecoin hardware to help secure the network without extra energy demand. The project also claims its “braid” technology can process 50,000 transactions per second, with fees below one cent.
QUAI Network also uses a dual-token model. QUAI is presented as the primary store-of-value asset, while a second token, QI, is positioned as digital cash. The article adds that the team is working on token burns and new DeFi bridges as part of the ecosystem buildout.
Focus shifts to April 8 trading launch
The source outlines several possible scenarios once trading goes live, including fresh U.S. liquidity, a calmer price response, or short-term selling from early holders. Those are scenarios, not confirmed outcomes. What is confirmed at this stage is the Kraken listing schedule and the immediate price reaction that followed the announcement.