QRL Token Soars 33% on Quantum Computing Advances and BlackRock Warning

• QRL rises on BlackRock's quantum alert
• Cryptocurrency focuses on post-quantum security
• Quantum computing accelerates cryptography concerns

The QRL token, from the Quantum Resistant Ledger project, has seen a rise of more than 33% in the last month, driven by growing concerns about the vulnerability of cryptocurrencies to advances in quantum computing.

Anyone who's been in crypto long enough knows volatility is par for the course.

Prices rise and fall, and the market reacts.

But how will it react when the real threat isn't a trend or a cycle, or a politician, but quantum computing, which risks the security of $ BTC , $ ETH ,… pic.twitter.com/QRcuFXY3iz

— QRL: The Quantum Resistant Ledger (@QRLedger) June 5, 2025

This increase occurred shortly after recent changes made by BlackRock in its records for the iShares Bitcoin Trust (IBIT) and Ethereum Trust (ETHA) funds, where it went on to highlight that advances in quantum computing “may result in losses for shareholders”.

Launched in 2017, the QRL network was specifically designed to resist quantum attacks, adopting hash-based XMSS signatures from the outset, one of the most recognized forms of post-quantum cryptography. With a market cap of less than $40 million, QRL presents itself as a niche blockchain aimed at a future where quantum machines can compromise traditional security algorithms such as RSA-2048.

Recent developments by giants such as Google and Microsoft have raised the alarm. The Willow processor, announced in December 2024, has shown significant progress in reducing errors in qubits. Microsoft's Majorana 1 chip was developed with a focus on large scale, making the commercial use of quantum computers closer than previously anticipated.

Additionally, the Google Quantum AI team reported reducing the complexity required to break RSA encryption to less than a million error-corrected qubits — much lower than the previously estimated 20 million.

In the context of accelerating quantum computing, the Zond project , currently in testnet, represents the next phase of QRL. It aims to support smart contracts and DeFi applications with layers of protection that are secure against quantum attacks while maintaining compatibility with quantum-resistant addresses and systems by default.

QRL is also an active member of the Linux Foundation's Post-Quantum Cryptography Alliance and the Public Key Infrastructure Consortium, reinforcing its commitment to the long-term security of digital infrastructure.

“It is now no longer controversial to say that all blockchains in existence by 2035 will have to be post-quantum secure,” said Iain Wood, COO of QRL.

With the lack of clear migration paths on existing blockchains and increasing risks of incompatibility, QRL’s proactive stance is attracting attention from both developers and investors concerned about the longevity of digital assets.