Sandclock (QUARTZ) Hits All-Time High of $25.88, Then Plunges Over 90%: A Deep Dive into This Cross-Chain DeFi Project

Sandclock (QUARTZ) Hits All-Time High of $25.88, Then Plunges Over 90%: A Deep Dive into This Cross-Chain DeFi Project

N
News Editor 01
2026-07-08 08:34:21
Sandclock's QUARTZ token reached an all-time high of $25.88 before experiencing a sharp decline of over 90%. With a circulating supply of 7.26 million and a maximum supply of 100 million, the project focuses on cross-chain DeFi strategies with built-in insurance. Market outlook remains cautious.
SandclockQUARTZCross-chain DeFiInsuranceTokenomics

Project Overview: A Cross-Chain DeFi Experiment

Sandclock is an innovative project aiming to enable seamless value transfer across the web through cross-chain DeFi strategies. Its core design integrates built-in insurance mechanisms, efficient payment rails, novel governance models, and unique tokenomics. The native token is QUARTZ, which is listed on multiple centralized and decentralized exchanges.

All-Time High and Current Price Performance

According to public market data, Sandclock (QUARTZ) reached an all-time high of $25.88. Since that peak, the token's price has experienced a significant retracement, declining by over 90% from its ATH. While the exact current price is not directly disclosed, market consensus suggests the token is in a post-bear-market consolidation phase.

Token Circulation and Supply

As of July 8, 2026, the circulating supply of Sandclock (QUARTZ) stands at 7,260,595 tokens, with a maximum supply of 100,000,000 tokens. This means the current circulation rate is only 7.26% of the maximum supply, indicating that a large number of tokens will be released in the future through mining, staking, or team unlocks. Investors should monitor official announcements for the token distribution schedule.

Storage and Security

Users can store QUARTZ tokens in several ways: exchange custodial wallets for those who prefer not to manage private keys; self-custody wallets (browser, mobile, or desktop) for higher security; hardware wallets, third-party custody services, or paper wallets are also viable options. Long-term holders are advised to use self-custody or hardware wallets to minimize exchange risk.

Market Impact and Outlook

Sandclock's cross-chain DeFi strategy with built-in insurance provides a differentiated competitive edge in the crypto insurance sector. However, the sharp price retracement reflects market concerns about the high inflation supply plan (100 million max supply). If the project can successfully deliver insurance products and expand its cross-chain ecosystem, QUARTZ's value may recover in line with real adoption. Investors should watch token unlock schedules, team updates, and demand changes in the DeFi insurance market.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
300

Disclaimer:

The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.

Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.