Quantum security concerns continue to ripple through digital asset markets following BlackRock’s recent warning about cryptographic vulnerabilities in Bitcoin and Ethereum, driving renewed attention to quantum-resistant infrastructure.
The QRL micro-cap token, launched in 2017, has a market cap of just $38 million. It hit its all-time high in 2018 with a price of $3. Currently, it sits at $0.58 with limited exchange listings on MEXC and three other low-volume exchanges.
These developments have compressed expectations around the practical timeline for scalable quantum computers.
Amid this funding influx, QRL has gained renewed attention for having implemented post-quantum cryptography from inception. Launched eight years ago with a focus on hash-based XMSS signatures, QRL’s architecture is designed to withstand the cryptanalytic capabilities expected from large-scale quantum machines.
QRL is a member of both the Linux Foundation’s Post-Quantum Cryptography Alliance and the Public Key Infrastructure Consortium, aligning it with broader industry movements to secure digital infrastructure before quantum decryption becomes viable.
“It is now no longer controversial to say that all blockchains that exist by 2035 will have to be post-quantum secure,” said Iain Wood, QRL’s operations manager.
“Whilst every other blockchain team is trying to retrofit post-quantum security to decentralized ledgers, QRL is building the base on which future L2s can be built, confident in the future-proof nature of this Quantum Safe Layer 1.”
While other networks evaluate quantum-resistant design, the protocol’s relevance is compounded by the absence of universal migration pathways across existing chains.
With quantum disclosures now appearing in fund prospectuses and breakthroughs making theoretical threats more tangible, market participants are reevaluating the timeline for quantum preparedness.
QRL’s recent price movement reflects renewed confidence from speculators seeking assets structurally immune to cryptographic disruption, as industry discourse transitions from if to when legacy cryptography may be rendered obsolete.