Is Quai Network dead?
If you're asking because the chart is down ~94%, that's fair. The honest answer isn't a hopium thread. It's a number you can verify in ten seconds.
Price and liveness are different questions. A chain is dead when nothing happens on-chain. On Quai, something measurable happens every block, and SOAP adds more: merge-mined Bitcoin-family hashpower (Litecoin, Dogecoin, Bitcoin Cash, Ravencoin) earns revenue that buys QUAI and burns it. A mechanical buyer that runs before users arrive.
The one thing to check
The SOAP burn is live and cumulative: millions of dollars of QUAI burned so far, a new block roughly every 5 seconds. It doesn't care about sentiment; it runs on physics. Watch it move on the burn page, or verify it yourself at soap.qu.ai.
What actually happened to the price
QUAI launched in early 2025 and trades far below its first-year high, the kind of drawdown that's common for a young, thinly traded token. That's a market fact, not a verdict on the chain. The work (mining, the burn, the protocol) never stopped; the chart did its own thing. We price the work, not the chart.
Verify it yourself
Run a node. Check the hashrate. Watch the burn. Read the docs. A project that tells you not to look is hiding something. This one hands you the flashlight.
straight answers
Is QUAI still being mined?
Yes. Blocks are produced roughly every 5 seconds, and SOAP burns QUAI with revenue from merge-mined blocks, settling on-chain in batches. You can watch the live burn counter.
Why is Quai down so much?
It's a young token (mainnet January 2025), and a deep drawdown from a first-year high is common for new, thinly traded assets. Price movement isn't the same as on-chain activity, which continues every block.
What is the SOAP burn?
Bitcoin-family miners point their hashpower at Quai at no extra cost; the revenue their blocks earn buys QUAI and burns it: a non-speculative, mechanical source of buy-and-burn pressure.
Proof, not promises.
Don't take our word for it. watch the burn, then decide. Ready? here's how to get in.
independent community project · not financial advice · not affiliated with the Quai foundation or Kipper
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