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US banks have stablecoin rules now, and Quant Network wants in

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The late September surge for Quant [QNT] has been followed by an ongoing battle between decreasing purchasing power and aggressive seller activity.

The price rose from under $100, reaching a high of $373.66 before it was sharply rejected due to traders locking in profits.

After reaching $325, buyers were unable to recover their peak high, creating a new low high. This simply indicated diminishing demand. Since the 2nd of October, selling activity has slowly forced the price down into the $215-$220 area of support.

As of writing, the token had declined by 6% in the last 24 hours, trading at $219.34. This was an over 72% decline from the September high.

QNT’s current downward trend is becoming increasingly concerning. Each time the market rebounds, volume appears to decrease. Hence, if the price repeatedly touches its support areas, it will exhaust all potential buy order levels.

Source: TradingView
A four-hour close below $215 could trigger stop-loss selling toward $160–$180, threatening to erase much of the breakout’s remaining gains. However, a strong recovery above $225 after briefly dipping below support would suggest buyers are absorbing supply.

That could open a relief rally toward $250–$255. Until then, QNT remains vulnerable to a deeper correction.

QNT Open Interest falls as leverage unwinds
QNT’s rally was fueled by a surge in derivatives exposure. However, falling Open Interest (OI) now signals an ongoing market reset. From July through September 23, open interest remained near $11–$15 million as the price traded around the $60–$70 zone.

Source: CoinGlass
However, after the price broke out of this range and rose towards $373.66, the OI also moved up to $190 million.

Despite the downward trend, price and derivatives exposure remained high near $180-$190 million through mid-October, causing liquidation risk due to the trader’s position size.

Since the 2nd of October, OI has declined toward $120 million as QNT fell toward $225.81. This indicates that there are no massive additions to OI but rather liquidation of existing long positions.

Furthermore, the Funding Rates have shown a trend of repeated dips below zero and even reached a record low of -0.27% on the 4th of October prior to returning to neutral.

Source: CoinGlass
This combination suggests traders are closing positions rather than adding fresh exposure, weakening the case for an immediate recovery.

These movements indicate increased aggressive short selling activity within the futures contracts. However, funding  rates cannot be used independently to determine market direction.

Looking forward, should QNT fail to hold above $215, additional closes may drive prices down to $196 or lower.

Conversely, rising prices alongside expanding open interest would provide stronger evidence of renewed conviction and a potential recovery.

Final Summary

Quant [QNT] faces further downside if selling pressure breaks $215 support.

QNT open interest drops from $190 million to $120 million as leverage unwinds.

Quant (QNT) is approaching its final price decline before a massive rally toward $1,000, according to widely followed trader Vuori Trading.

In a post on X, the trader described QNT’s current market structure as the last “dump phase” before a major rally. Vuori Trading identified $173 as a level to watch, arguing that entries closer to it would offer a more favorable position.

The trader cautioned that predicting the exact local low is difficult but described $173 as a price “magnet” for Quant.

QNT Chart Points to $173 as Key Price Level The accompanying daily chart of QNT/USDT highlights $173 as a critical level, marked by a horizontal yellow line extending across the chart. The level marks an important price area the trader expects QNT to revisit during its projected final decline. Notably, it aligns closely with QNT’s 50-day EMA.

The chart also shows a recovery after that move, with a white projected price path indicating a gradual advance followed by a stronger upward move.

Quant (QNT) USDT chart from MEXC Exchange, showing the path to $1,200. Chart Projects QNT Toward $1,000 to 1,200 Beyond the anticipated pullback, the chart outlines an ambitious bullish scenario for Quant. The projection points toward a price range of $1,000 to $1,200, with an upward arrow highlighting the potential move. 

Reaching $1,000 from $173 would be an increase of about 478%, while a move to $1,200 would be roughly 594%. These targets depend on the bullish scenario playing out and are not guaranteed outcomes. At press time, QNT is trading at $250, after surging 240% over the last 17 days. 

What Traders Should Watch Next for Quant The $173 level is the main focus of Vuori Trading’s analysis. A return to this price would align with his expectation of one final decline before a larger move higher.

For context, if Quant revisits $173, current holders would face an additional price decline of approximately 31% from $250. Combined with the drop from the $375 level, this would be about a 54% decline from that earlier price.

Meanwhile, given the widespread expectation that QNT’s price could soar toward $1,000, with some comparing its potential trajectory to Bitcoin’s rally, bullish traders may view the anticipated dip as less significant.

Analyst Sebastian recently noted on X that QNT had fallen significantly since its rally above $300 and that trading volume had declined. He said the slowdown did not signal a crash but suggested that buying pressure was weakening. Accordingly, without fresh demand, QNT could consolidate or decline toward lower support levels.

Meanwhile, The Crypto Authority sees QNT forming a tightening triangle, with a breakout above $300 potentially opening the way to $420. However, a bearish breakdown could send the token back toward the low-$200 range.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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Altcoins Are Rallying, But Analyst Says Alt Season Has Yet to Begin

XRP, QNT, INJ: These 3 Altcoins Are Ready to Break Out This Week (Analyst)

Quant (QNT) faces further sideways trading or a deeper pullback as the market cools off from the sharp rally to $374 in late September.

In a post on X, analyst Sebastian said QNT’s jump to $374 was strong and came with high trading volume. Since then, the price has fallen to around $195 but is now ranging around $250, while trading volume has declined.

At the time of the analysis, QNT was trading at about $256.34, up 1.92% for the day. The price was close to its short-term moving averages: $256.31 for the five-period average and $251.64 for the 10-period average. Its longer-term 30-period average stood at around $224.95.

Sebastian said the move does not look like a crash. Instead, it follows a common pattern after a major rally: initial buying slows, and the market needs fresh buyers to sustain the upward move.

In simple terms, QNT will either trade sideways or fall toward its lower moving averages if new buyers fail to enter the market. As Sebastian put it, “The easy gains are gone.”

Quant (QNT) Bulls Have One Positive Sign One factor supporting QNT buyers is the token’s negative funding rate. Funding stood at around -0.21%, meaning traders betting on a price decline (shorts) are paying traders betting on a price increase (longs). If QNT rises sharply, some short traders will be forced to close their positions, potentially triggering a rapid price increase.

However, Sebastian said negative funding alone is not enough to drive QNT higher. The market still needs fresh buyers, and the chart shows no strong signs of new demand.

Open interest, which measures the number of active futures positions, has also remained relatively stable after rising during QNT’s earlier rally. This indicates that few new traders are entering the market.

$QNT the way I see it.

The run to about 374 was steep and volume heavy. Price then fell back to around 256 while volume is drying up. It is now sitting right on the MA(5) and just above the MA(10).

That is not a collapse, but it is the usual pattern after a blow-off:
the easy… pic.twitter.com/VFi7ak4V7G

— Sebastian! (@oneandonlyseb) October 4, 2026

$250 Is an Important Level for QNT Sebastian identifies the $250 area as a critical support zone for Quant. If QNT remains above $250–$252, the current upward trend remains intact. The price can trade sideways or gradually recover toward $280–$300.

A break below the 10-period moving average would weaken the setup. A drop below around $225 would be more concerning. It would signal that the recent upward move has ended and put QNT at risk of a deeper decline.

Meanwhile, a break above its recent lower highs accompanied by higher trading volume would signal buyers are returning. 

Essentially, Sebastian expects QNT to trade sideways or cool further rather than quickly reclaim its $374 high. Holding $250–$252 keeps the recovery setup intact, while a break below $225 would open the door to a deeper decline.

Interestingly, several other analysts share this view. On X, The Crypto Authority noted that QNT is trading within a tightening triangle following its strong September rally. He sees two possible outcomes: a bullish breakout above $300 opens the path toward $420, while a bearish breakdown sends QNT back toward the low-$200s.

The Clearing House (TCH), a U.S. banking company that processes more than $2 trillion in payments every business day, has explained why it chose Quant (QNT) for its new tokenized deposit network.

This came in a series of posts on X, where the company’s official account shared a post titled, “What Is The Clearing House, the 1853 Bank Group That Picked Quant?”

The post has since attracted significant attention, especially as bullish sentiment around Quant’s QNT token is at record highs. According to X user @juicemanaboutit, when a core U.S. banking infrastructure operator validates Quant’s technology, “you should probably pay attention.”

$QNT The Clearing House is now publicly explaining WHY it chose Quant and actively promoting the partnership itself.

When one of the core operators of US banking infrastructure starts validating Quants technology in its own voice you should probably pay attention. https://t.co/hQLaGZa2mq

— Juice 🧃 (@juicemanaboutit) October 2, 2026

The Clearing House (TCH) For context, The Clearing House was founded in 1853 by 38 New York banks and today runs three major payment networks:

CHIPS — used for large-value U.S. dollar payments. EPN — processes ACH payments. RTP — handles real-time payments. Together, these systems process more than $2 trillion every business day. TCH’s EPN network alone processed 20.7 billion payments worth $56.4 trillion in 2024.

Essentially, this makes its decision to work with Quant significant. TCH is looking to use blockchain technology as part of the existing banking system, rather than simply experimenting with cryptocurrency.

Why Did TCH Choose Quant? Quant will provide the technology to connect and manage the new On-Chain Money Initiative. The goal is to create a network where banks can send and settle tokenized deposits.

One of Quant’s main advantages is interoperability. In simple terms, Quant allows different blockchains, payment systems, and financial networks to communicate with each other.

This means banks would not necessarily have to move everything onto one blockchain.

Quant also has experience working with banks and other regulated financial institutions.

According to Sal Karakaplan, Chief Strategy Officer at The Clearing House, the technology needs to handle large-scale financial transactions. He said Quant has the experience needed to help build the network and allow banks of different sizes to participate.

What Are Tokenized Deposits? Tokenized deposits are basically digital versions of money already in bank accounts. They are different from stablecoins.

With a tokenized deposit, the money remains a liability of the issuing bank. This means it remains connected to the traditional banking system and its existing regulatory framework.

The technology simply changes how the money is recorded, transferred, and used.

For example, businesses will be able to send payments instantly, including outside normal banking hours, settle digital assets more quickly, and manage cash and liquidity more efficiently. The project has support from 25 financial institutions, including Citi, Bank of America, JPMorgan Chase, and Wells Fargo.

What Does This Mean for Quant (QNT)? For Quant, the partnership gives the company a real-world example of its technology being used in financial infrastructure. Quant CEO Gilbert Verdian described the partnership as a step toward programmable money and greater use of tokenized deposits.

The announcement also attracted attention to QNT, Quant’s token. QNT rose from around $65 in mid-September to about $373 on September 27, up roughly 474%. It later fell back and traded around $265.

Some market analysts have also made very bullish predictions for QNT. For example, one analyst identified a bull-flag pattern and suggested QNT could reach $1,500 to $1,600 if another rally of similar size occurs.

What’s Next? The On-Chain Money Initiative will become available to participating financial institutions in the first half of 2027. More details about how banks will participate and what they will use the network for will emerge as development continues.

In simple terms, The Clearing House is working with Quant to build a system that can connect tokenized bank money with the existing U.S. banking infrastructure.

The project will show how traditional banks can use blockchain technology to move money more efficiently at a very large scale.

Bitcoin traded near $84,600 on Oct. 3 as Quant and Midnight led the week’s top crypto gainers, rising 158.3% and 96.5%, respectively. Lighter fell 28.7%, while MemeCore, Ethena and Zcash posted double-digit losses.

Summary

Quant led weekly gains following its selection for The Clearing House’s U.S. tokenized deposit network. Midnight nearly doubled as its network opened smart contract deployment to more developers. Lighter led losses after Robinhood outlined a U.S. derivatives rollout involving Bitstamp. Original X posts show bullish views on Quant and Midnight, with valuation concerns around Zcash. CoinGecko’s seven-day top-100 rankings for Oct. 3 placed Bitway and Pump.fun behind Quant and Midnight among the leading gainers. Its separate Bitcoin data showed BTC up about 0.6% over seven days, against a 0.3% decline across the broader crypto market.

AssetPriceSeven-day changeQuant (QNT)$261.42+158.3%Midnight (NIGHT)$0.04988+96.5%Bitway (BTW)$1.44+66.7%Pump.fun (PUMP)$0.005462+19.5%Lighter (LIT)$3.49−28.7%MemeCore (M)$1.03−16.7%Ethena (ENA)$0.232−14.7%Zcash (ZEC)$1,313.37−14.4%Prices and weekly changes: CoinGecko, Oct. 3. Quant leads crypto gainers after U.S. payments deal Quant’s rally followed The Clearing House’s Sep. 24 announcement that it had selected the company to power its On-Chain Money Initiative, a network for clearing and settling tokenized commercial-bank deposits.

The payments operator said the network would connect with existing U.S. infrastructure, including RTP and CHIPS. Availability for participating financial institutions is expected in the first half of 2027.

Gold analyst Jan Nieuwenhuijs posted on X on Sep. 26 that buying one QNT carried the risk of losing $120 against the potential to earn $10,000.

His post did not set a date for that outcome. The comment came before the Oct. 3 price of $261.42 and represents a speculative upside view rather than a forecast for the next few days.

The Clearing House announcement concerns infrastructure for bank deposits. Its planned first-half 2027 launch is the next dated milestone in the payments operator’s release.

Midnight nearly doubles as mainnet access expands Midnight rose 96.5% to $0.04988, with approximately $124.9 million in displayed trading volume.

The network’s latest development update confirmed that permissionless smart contract deployment was live on mainnet. Developers can deploy directly without a mandatory security review on the Preprod testing network, while applications can deploy contracts for users.

Midnight also reported wallet improvements, including Gero Wallet’s support for shielded balances and sponsored transaction fees.

Crypto commentator David Gokhshtein said on X on Sep. 29 that he believed NIGHT could follow Zcash’s rally. He based that view on the different uses of privacy: private payments for Zcash and private smart contracts and applications for Midnight.

“I keep saying I believe $NIGHT is going to pull a $ZEC,” he wrote.

Gokhshtein’s post did not specify a price target or a deadline. Midnight’s development update said later roadmap milestones would expand protocol capabilities and increase decentralization.

Bitway nears its peak as Pump.fun buybacks continue Bitway gained 66.7% to $1.44 during the final week of its Binance Wallet Booster Season 5 campaign, which ran through Oct. 2. The campaign offered incentives to eligible participants staking through Binance Wallet.

Bitrue listed an Oct. 2 release of 101.62 million BTW, equivalent to about 1.02% of total supply. The scheduled release and the campaign’s expiry both fell at the end of the reporting week.

CoinGecko’s table placed Bitway at rank 33, with approximately $17.9 million in displayed trading volume. Its weekly gain was below Midnight’s 96.5% advance but more than three times Pump.fun’s 19.5% increase.

Pump.fun gained 19.5% to $0.005462 as the platform continued purchasing and burning PUMP. Its dashboard reports completed buybacks and the tokens permanently removed from supply.

In its Sep. 30 coverage, crypto.news tracked continued buybacks, including $1.02 million spent on Sep. 29 and $1.21 million a day earlier.

Pump.fun’s dashboard says historical discretionary purchases are not a commitment that future purchases will continue. Its buyback records identify completed token purchases and burns, while future spending depends on the program’s rules and platform decisions.

Lighter falls 28.7% as Robinhood expectations unwind Lighter traded at $3.49 after the largest weekly decline in the table.

The decline followed Robinhood’s announcement of a U.S. perpetual-futures rollout involving Bitstamp. Bitstamp announced its multi-asset perpetual-futures offering as Robinhood expanded its derivatives plans.

The U.S. rollout gives eligible customers a new route to crypto derivatives. Lighter’s $3.49 price in CoinGecko’s weekly rankings came alongside approximately $98 million in displayed trading volume.

MemeCore fell 16.7% to $1.03 during a week that included a scheduled token release. Bitrue listed an Oct. 2 unlock of 56.11 million M, equivalent to about 2.46% of circulating supply.

Bitrue’s schedule divided the release among the community, investors, foundation and team, with the community receiving the largest allocation. The scheduled tranche represented approximately $57 million at the prices used in its Oct. 1 report.

Ethena approaches an unlock as Zcash falls 14.4% Ethena dropped 14.7% to $0.232 ahead of an overhaul to its investor vesting schedule.

The Block reported that the Ethena Foundation and lead investors agreed to release all remaining original investor tokens from Oct. 5, ending monthly investor unlocks. Team tokens remain on their existing schedule.

Research provider Unlocks estimated the accelerated investor release at approximately 1.41 billion ENA. Its analysis said the foundation’s earlier purchases of locked investor tokens meant some of the release would be held by the foundation itself.

Zcash fell 14.4% to $1,313.37, with about $726.7 million in displayed trading volume in CoinGecko’s weekly rankings.

Trader Crypto with Haris posted on X on Oct. 1 that comparisons with Zcash’s launch-era price needed to account for its larger circulating supply. He estimated that ZEC at $2,000 would require a market capitalization near $34 billion, while $5,000 would require about $85 billion.

Those figures were valuation scenarios in his post, rather than dated price predictions. His argument focused on the amount of capital implied by higher ZEC prices after more tokens had entered circulation.

Former BlackRock vice president and Milk Road podcast co-host John Gillen has identified several factors he believes contributed to Quant’s (QNT) dramatic price breakout.

For context, QNT staged a remarkable rally last month, climbing from around $65 in mid-September to $372 on September 27. This represented a 472.3% increase and sparked significant discussion across the crypto market.

Against this backdrop, Gillen attributed the rally to a combination of institutional interest, scarce tokenomics, and increasing recognition of Quant’s role in financial infrastructure.

In particular, Gillen highlighted Quant’s involvement in The Clearing House’s On-Chain Money Initiative. The initiative aims to support the clearing and settlement of tokenized deposits while connecting them with existing payment networks, including RTP and CHIPS.

According to Gillen, Quant’s involvement in the initiative provides important institutional validation for its technology.

QNT’s Limited Supply Adds to Demand Gillen also identified Quant’s tokenomics as another factor behind QNT’s strong market response.

QNT has a maximum supply of 14.9 million tokens, with more than 12 million already in circulation. As a result, the asset has a relatively limited supply compared to many crypto projects that maintain large allocations for venture capital investors, teams, or early holders.

Gillen argued that QNT therefore faces less potential selling pressure from locked tokens and scheduled token releases than some other projects.

Consequently, he linked the token’s scarcity to its price reaction as interest in Quant’s technology and institutional adoption increased.

Quant’s Overledger Technology Strengthens the Case Furthermore, Gillen highlighted Quant’s Overledger technology as another important part of the narrative.

He described Overledger as an advanced infrastructure solution that has undergone extensive institutional evaluation. Gillen also pointed to Quant founder Gilbert Verdian’s background in cybersecurity and technology, including his previous role as head of cybersecurity for the UK Treasury.

According to Gillen, Quant’s patented technology, institutional relationships, and leadership experience have helped distinguish the project from other speculative digital assets.

QNT Surges 472% Before Pullback These developments coincided with QNT’s dramatic price increase. The token traded around $65 for much of the previous month before climbing to $372 on September 27, 2026.

From the $65 level, the move represented a 472.3% increase. However, QNT has since retraced significantly and has fallen below the $300 mark. At press time, QNT trades around $234, down 20.5% over 24 hours while remaining up 134% over the past week. Its market cap stands at $2.81 billion, placing it in the 36th position globally, according to CoinMarketCap rankings.

Meanwhile, trading activity has also weakened following the rally. QNT’s 24-hour trading volume fell 43% to $468.73 million at the time of writing.

QNTUSD 2026 10 02 11 03 18

Bitcoin tests resistance as Ethereum and XRP consolidate, while Quant and Lighter retreat. Key chart levels and conditional scenarios for October 2, 2026.

Asset Price Rolling 24-hour change Aggregate 24-hour volume Bitcoin (BTC) $85,551 +2.19% $34.93 billion Ethereum (ETH) $2,719.30 +0.89% $14.24 billion XRP $1.51 +0.70% $2.53 billion Quant (QNT) $250.12 −15.80% $453.03 million Lighter (LIT) $3.79 −6.39% $93.07 million Bitcoin Tests $85,520 After a Stronger Daily Close Bitcoin closed October 1 at $84,842, gaining 1.51% from the previous session’s $83,578. The daily high of $85,183 remained below the $85,210–$85,520 resistance zone identified in yesterday’s report, so the completed candle preserved the existing range.

Bitcoin’s October 1 close remained below resistance while its 20-day SMA rose to approximately $81,684. Friday’s later $85,551 quote edged above that zone. This is an intraday move; it does not establish a daily closing breakout. The distinction matters because September 30 also saw price push higher before retreating into the close.

The 20-day simple moving average rose from approximately $81,302 to $81,684. Price remains above this rising average, supporting the broader recovery from mid-September even as the shorter-term range remains unresolved.

A daily close above $85,520, followed by a successful retest, would strengthen the case for revisiting the September 21–23 highs around $87,250–$87,330. A close back inside the range would leave that upside scenario unconfirmed.

On the downside, October 1’s $83,182 low is the nearest session reference, followed by the $82,580–$82,950 support area. Losing $82,580 on a daily close would weaken the consolidation and bring the rising 20-day average into focus.

Ethereum’s MACD Improves Beneath $2,743 Resistance Ethereum ended October 1 at $2,705.30, up 0.77% from $2,684.57. Its $2,720.25 session high remained beneath the $2,737–$2,743 resistance cluster, leaving the same ceiling in place despite a firmer close.

Ethereum remains beneath $2,743; four-hour MACD shows a positive histogram at the completed-candle cutoff. Four-hour MACD, using 12, 26 and 9-period settings, offers a cautiously stronger short-term reading. The MACD line crossed above its signal on the completed candle ending October 1 at 12:00 UTC and remained above it through the chart cutoff.

At 00:00 UTC on October 2, the line stood near 2.95 and the signal near 0.78. The positive histogram widened from 1.44 to 2.17 over the latest bar. That expansion reflects improving momentum after the crossover, rather than a new crossover on the final candle. Both lines were above zero.

Price confirmation remains separate. A daily close above $2,743 would reopen the $2,787–$2,804 September highs. A subsequent fall below the reclaimed resistance would weaken that breakout scenario.

October 1’s $2,674 low provides an initial support reference. Below it, the $2,635–$2,658 area contains several recent session lows. A daily close below $2,635 would break that support structure and undercut the improving short-term momentum signal.

XRP Holds Above Its Bollinger Midpoint XRP again closed near $1.49 on October 1 after trading between approximately $1.48 and $1.51. The rounded daily feed shows little change from September 30, while Friday’s later quote of $1.51 still sat beneath the established $1.53–$1.56 resistance band.

XRP holds above its daily Bollinger midpoint, near the $1.45–$1.47 support zone. Daily Bollinger Bands, calculated with a 20-day simple moving average and two population standard deviations, place the midpoint near $1.448. The upper band stood near $1.629 and the lower band near $1.267 at the completed daily close.

XRP remains above the midpoint but has not reclaimed the recent horizontal highs. The bands provide context for the trading range; being above their midpoint alone does not confirm that another advance has started.

The midpoint now overlaps the lower edge of the $1.45–$1.47 support zone. A daily close below $1.45 would weaken this base and expose earlier trading areas near $1.41 and $1.37. The lower band is a changing volatility measure, not an automatic downside destination.

Conversely, a daily close above $1.56 would clear the nearby resistance band and support a retest of $1.61–$1.66. A return below $1.53 after such a break would weaken the recovery case. Compared with yesterday, the principal horizontal levels remain intact.

Quant Loses Yesterday’s Retracement Support Quant’s October 1 candle closed at $245.16, down 14.54% from $286.87. The session reached $305.07 before falling to $242.22, leaving the close near the day’s low and below the $261.50–$276.75 retracement area discussed yesterday.

Quant closed below the 61.8% retracement of its September 28–30 rebound. The Fibonacci anchors remain the September 28 low of $196.87 and September 30 high of $326.12. Measuring the pullback from that upward swing gives $276.75 at 38.2%, $261.50 at 50%, and $246.24 at 61.8%.

The completed daily close fell just below the 61.8% level. Friday’s $250.12 quote subsequently recovered above it, but a live reclaim does not yet reverse the daily loss of support.

Holding the $242.22 session low and closing back above $246.24 would be an initial stabilization signal. A stronger recovery would require a close above $261.50, followed by a challenge to $276.75. The former support area therefore becomes the immediate recovery test.

A daily close below $242.22 would instead leave the September 29 low of $205.52 and September 28 low of $196.87 as the next visible references. That downside scenario would weaken if QNT reclaimed and held $261.50.

Lighter Remains Near Its Recent Lows Lighter closed October 1 at $3.81, down 3.54% from $3.95. Its daily high stalled at $4.11 for a second consecutive session, while the $3.76 low remained above the September 29–30 lows of $3.65–$3.66.

Lighter consolidates above $3.65–$3.66; four-hour Wilder RSI stands at 36.17. The daily sequence shows a decline from September 24’s $5.54 high toward those lows, with repeated lower highs preceding the latest consolidation. The two sessions capped at $4.11 have not yet reversed that structure.

Four-hour RSI, calculated over 14 periods with Wilder smoothing, fell from 38.90 to 36.17 on the latest completed candle. The reading remains below the neutral 50 line, indicating subdued momentum, but above the conventional 30 oversold threshold. It does not establish a reversal signal.

A daily close above $4.11 would be the first clearer recovery confirmation. Holding that level could bring the earlier $4.32–$4.45 trading area back into view; RSI recovering above 50 would provide supporting momentum evidence.

A daily close below $3.65 would break the recent floor and invalidate the developing base. The available daily window contains no lower established swing low, so a deeper technical target is not assigned. Any recovery above $4.11 would lose credibility if price subsequently fell back below $3.95.

@Quantnetwork's $QNT has topped CoinGecko's global trending index for the week running from September 26 to October 2, reinforcing the token's position as one of the most closely watched assets in the current market cycle. The project carried a market capitalisation of $3.3 billion over the period.

QNT Outpaces $TRUMP and NEAR on Search Popularity Search popularity data on CoinGecko show $QNT pulling ahead of two high-profile competitors. The political finance token $TRUMP, which has drawn retail interest tied to its branding, held a market value of $592.0 million over the same window. @NEARProtocol, a significantly larger network by valuation at $6.5 billion, also ranked below Quant in trending activity.

The result is notable given Quant's comparatively focused use case. The broader rally in $QNT followed a September 24 announcement that Quant had been selected by The Clearing House (TCH) to provide the interoperability layer for its On-Chain Money Initiative, aimed at developing a U.S. tokenised deposit network. QNT was quoted at $292.26 on CoinGecko on October 1, up 312.4 percent over the prior seven days.

Real-World Asset Conviction Runs Through the Trending List Beyond Quant itself, the weekly trending group reflects a broader theme: sustained institutional and retail interest in real-world asset (RWA) infrastructure. Three other names on the list share that orientation.

@OndoFinance, a tokenised securities platform, carried a market capitalisation of $2.5 billion. Oracle network @Chainlink, whose data infrastructure underpins a large portion of on-chain finance, came in at $10.7 billion. Privacy-focused @Zcash rounded out the group with a market value of $23.4 billion, a figure that reflects its sharp appreciation following its derivatives market expansion. ZEC's market cap hit $20.44 billion, displacing HYPE as ninth-largest, while Grayscale's ZCSH ETF launch and AGI privacy hedging are expected to sustain high institutional demand.

Taken together, the trending cohort suggests the current market rotation is not purely speculative. Tokens with clear infrastructure roles or regulatory-grade product development appear to be attracting the most sustained attention from the broader crypto audience this week.

Sources:
crypto.news: QNT gets 50x OKX futures after 178% weekly rally
Disruption Banking: Can Quant (QNT) Really Hit $10,000?
Bitcoin.com News: Zcash Breaches $1,200 as Market Cap Hits $20 Billion

Quant (QNT) is getting ready for another big move up after forming a bullish flag pattern on the daily chart.

Analyst Legitcryptonerd says QNT is “making a perfect bull flag” and believes a breakout will push the token toward $1,500–$1,600.

QNT Forms Bull Flag After Big Rally Notably, the coin has formed a bullish flag pattern after the recent strong price increase. A bull flag usually happens when a coin rises sharply, then moves sideways or slightly down before making another big move.

The analyst used the size of QNT’s earlier rally to estimate a possible target of $1,500 to $1,600. QNT was trading around $264.76 at the time, while the earlier rally took it from about $58.50 to $375, a gain of roughly 519%.

If it repeats a similar move, the price could reach around $1,647.76, slightly above the analyst’s $1,500 to $1,600 target.

Quant (QNT) Chart | TradingView Analyst Compares QNT to ZEC Legitcryptonerd also compared QNT’s current price pattern with past moves in Zcash (ZEC), saying the two charts look similar. The analyst uses this comparison to support the bullish view on QNT.

The analyst also said that “smart money is continuously buying QNT,” but did not provide data showing that large investors are actually buying.

QNT Rally Gets More Attention QNT has attracted more bullish predictions recently. One crypto influencer, Apex Crypto Insights, said QNT could soar to $50,000, mainly because of its limited supply.

It has about 12.07 million tokens in circulation and a total supply of around 14.88 million. At $50,000 per token, its market value would be about $603.5 billion.

However, reaching $50,000 would require a huge increase in demand. QNT’s previous all-time high was about $428.38 in September 2021.

The current technical target is much lower. From around $264.76, reaching $1,500 would mean a gain of about 467%, while $1,600 would mean about 504%. The chart’s projected $1,647.76 target would be about a 522% increase. For now, the range is only an analyst prediction, not a guaranteed price target.

Quant Fundamentals Quant was launched in 2018 to help different blockchains work together. Its Overledger technology connects multiple chains so developers can build applications that work on different networks.

These applications are called MApps. Some services in the Quant ecosystem require users to hold QNT, giving the token practical use and creating demand.

The main idea behind QNT is that as more businesses and financial institutions use blockchain, there may be a greater need for different blockchains to communicate with each other. This could increase demand for Quant’s interoperability technology.

Major Quant (QNT) Volatility, Important Cardano (ADA) Price Warning, and More: Bits Recap October 2

QNT has gained roughly 178% over seven days as OKX launched USDT-margined Quant perpetual futures with leverage of up to 50x following the token’s sharp late-September rally.

Summary

OKX launched QNT perpetual futures with leverage up to 50x and four-hour funding settlements Thursday. QNT trades near $249 after falling 16% daily while still gaining 178% across seven days. Quant was selected by The Clearing House to power its tokenized deposit settlement network infrastructure. The Clearing House expects participating institutions to access the network during the first half 2027. Seven UK banks completed tokenized sterling deposit transactions using infrastructure built by Quant in September. OKX announced that QUANT/USDT perpetual futures opened at 08:00 UTC on Oct. 1 across its web, app and API interfaces, subject to regional availability. The contract settles in USDT and trades around the clock.

The listing arrived after QNT surged from below $100 on Sept. 25 to above $300 by the end of the month. CoinGecko currently places the token near $248.86, down 16.1% over 24 hours but still up 177.8% for the week.

QNT gets up to 50x leverage on OKX Under OKX’s contract specifications, traders can use leverage ranging from 0.01x to 50x on the new QNT perpetual market. The contract uses the QUANT/USDT index as its underlying price reference and carries a face value of 0.01 QNT.

OKX states that funding fees normally settle every four hours. If funding reaches the contract’s upper or lower limit when a payment is due, the interval can automatically shorten to one hour.

#NewPerpsListing: $QUANT@quantnetwork builds the infrastructure of programmable money, using Overledger and QuantNet to connect banks, blockchains, tokenised deposits, and traditional payment rails.

QUANTUSDT global Perpetual Futures trading is now available on OKX.

— OKX (@okx) October 2, 2026 Perpetual futures let traders take leveraged long or short positions without a fixed expiry date. Higher leverage can magnify both profits and losses, while liquidation risk rises when price moves quickly against a position.

The listing therefore arrives during an unusually volatile period for QNT. CoinGecko’s latest data show a 24-hour range between roughly $242 and $305, with trading volume around $451 million. Volume has fallen around 41% from the previous day even as activity remains far above levels recorded before the September rally.

OKX did not say QNT’s recent price performance prompted the listing, and the exchange did not make a price forecast for the token.

QNT price cools after its huge September rally QNT’s latest drop follows one of the crypto market’s sharpest rallies of September. CoinGecko historical data show the token around $90 on Sept. 24 before it accelerated above $150, $230 and eventually $300 over the following sessions.

At the current price near $249, QNT has surrendered part of the gains made around the end of September. Its market capitalization remains around $3.62 billion, placing the token 34th among cryptocurrencies tracked by CoinGecko. Roughly 15 million QNT are in circulation.

The pullback follows an earlier move above $300 covered in QNT’s push toward the $343 resistance area. At the time, QNT had reached $329 intraday as traders watched $312.50 and $343.75 as nearby technical levels.

Earlier in the rally, QNT surged more than 300% from its late-September lows, driven alongside heavy trading activity by a new U.S. banking infrastructure deal.

The current retreat does not erase the weekly advance. QNT remains roughly 178% higher over seven days, compared with a gain of less than 1% for the overall crypto market during the same period, according to CoinGecko.

Quant’s U.S. banking deal remains the main catalyst The price rally began accelerating after The Clearing House selected Quant to provide technology for its On-Chain Money Initiative.

The Clearing House announced on Sept. 24 that Quant will provide the interoperability, orchestration and transaction-management layer for a new network designed to clear and settle tokenized commercial bank deposits.

Quant’s technology will connect the planned network with existing payment infrastructure including RTP and CHIPS. The Clearing House says its current U.S. payment networks clear and settle more than $2 trillion each day.

The project is intended for financial institutions, with potential uses including corporate treasury operations, liquidity management, cross-border payments and digital-asset settlement. Participating banks are expected to gain access during the first half of 2027, though specific launch participants have not yet been disclosed.

The deal provided the main fundamental backdrop for QNT becoming one of the crypto market’s strongest weekly performers before its rally accelerated further.

Quant CEO Gilbert Verdian described the U.S. project as a step toward programmable commercial-bank money. His statements about its future reach remain company expectations, while The Clearing House has confirmed Quant’s role and the planned 2027 availability window.

UK banks have already used Quant infrastructure Quant’s U.S. deal followed live work with banks in the United Kingdom. UK Finance confirmed on Sept. 24 that seven major banks had completed live customer transactions using tokenized sterling deposits.

Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander participated in the Great British Tokenised Deposit project. Quant built the shared platform, EY handled project management and Linklaters developed the legal rulebooks.

The transactions included person-to-person payments and remortgage use cases. Tokenized deposits in the project remain commercial bank money and retain the legal and regulatory characteristics attached to conventional deposits, according to UK Finance.

Quant has continued presenting the system to financial institutions through Sibos in Miami, where its sessions this week covered tokenized deposits, programmable settlement and connections between distributed ledgers and existing banking systems.

The Clearing House expects its Quant-powered U.S. network to become available to participating institutions in the first half of 2027 and said further details on participants and use cases will be released as development progresses.

Table of contents

On Tuesday we wrote that HBAR had shown what happens when a pump outruns its news, and that QNT was the rally everyone was watching. Two days later QNT has not cracked. But two warning lights have come on.

Quant (QNT) trades at $288.42, up 1.56% on the day and 306% over seven days. A token that sat near $70 on September 24 has roughly quadrupled.

Compare that with Hedera (HBAR), the other “enterprise partnership” story of the week. HBAR trades at $0.1048, down 1.17% on the day, and has stopped falling after its sharp reversal on September 29. It is still up 16% on the week. Our longer view sits in the HBAR price prediction.

Why QNT Is Up: The Deal Is Real The move rests on a concrete announcement. On September 24, The Clearing House said it selected Quant to power its On-Chain Money Initiative, a bank-led network for clearing and settling tokenized deposits.

Quant’s role is specific: the interoperability, orchestration and transaction-management layer, with connections to the RTP and CHIPS payment systems that banks already use. Quant’s own release confirms the partnership. Full background in our report on The Clearing House selecting Quant.

That is a very different counterparty from a marketplace listing. The Clearing House runs core US payment infrastructure. That difference is the strongest argument for why QNT held its gains while HBAR did not.

Warning Light #1: Momentum Is Stretched Daily RSI on QNT sits around 81, according to market data cited by analysts on October 1. Readings above 70 are generally read as overbought. Above 80, rallies tend to end in one of two ways: a sharp blow-off top or a sideways cool-down while the indicator resets.

So far QNT is doing the second thing. A 1.56% day after a 300% week is a pause, not a breakout. That is the healthier of the two outcomes, and it is not guaranteed to last.

Warning Light #2: A Dormant Wallet Moved Market reports on October 1 flagged that a wallet linked to a Quant founder moved 25,776 QNT, worth about $7 million at current prices, after roughly seven years of inactivity.

Two things are true at once. A transfer is not a sale. Coins move between wallets for custody, accounting or exchange deposits, and none of that is confirmed here. But traders watch exactly this kind of signal at the top of a parabolic run, and it can trigger selling on its own.

This is unconfirmed on-chain interpretation, not established fact. Until the coins show up on an exchange, it is a flag, not a verdict.

The One Number That Matters First half of 2027.

That is when The Clearing House expects its network to open to participating institutions. The token has repriced in a week. The product it depends on is still months away from live use, with participation details yet to be announced.

That gap does not make the rally wrong. Markets price the future. But it means there is no fresh fundamental catalyst due soon to defend the current price if sentiment turns. Between now and launch, QNT trades on expectations alone.

Key Levels $270 to $295: the range QNT has held since September 29. Holding it confirms the cool-down scenario. $150 area: where QNT traded on September 26 before the biggest leg up. A break below $270 opens room toward the levels the rally passed through quickly. New highs: a clean move above the late-September spike would show demand is still outrunning supply, but buying into that with RSI above 80 is the highest-risk version of this trade. Bottom Line QNT is the rare 300% rally backed by a real, verifiable deal with major banking infrastructure, and that is why it has held while HBAR faded. But momentum is stretched, a long-dormant wallet just moved, and the product behind the move does not go live until 2027. Holding $270 is what matters next.

Disclaimer: This article is for information only and is not investment advice. Cryptocurrency is highly volatile, and tokens after parabolic rallies especially so. Do your own research before making any financial decision.

AUTHOR

Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.

Table of contents

This morning HBAR was the market’s best large-cap story. By evening it was the worst. Same news, same coin, twelve hours apart.

The crypto market has steadied after a rough start to the week. Total market cap sits near $2.86 trillion, up 1.1% on the day, and 61 of the top 100 coins are green. Bitcoin trades at $83,558, flat on the day (+0.27%) and down 2.03% on the week.

The calm has a reason. The Bureau of Economic Analysis releases August PCE inflation data on September 30 at 8:30 a.m. ET, two weeks after the Fed raised rates for the first time since 2023. Nobody wants a big position into that print.

Underneath the flat surface, two coins went in opposite directions on the same kind of news.

HBAR: From +22% to -16.5% Hedera (HBAR) trades at $0.1043, down 16.5% over 24 hours. Earlier today it was up more than 20% and traded above $0.12.

The fuel was a September 23 announcement from The Hashgraph Group: its Hedera-based IDTrust identity platform for AI agents was listed on the IBM Cloud Catalog. A real partnership, but a narrow one. This is a partner’s product on a cloud marketplace, not IBM building on Hedera itself.

The market seems to have reached the same conclusion within a day. HBAR is still up 9.91% on the week, so the move has not been erased. But anyone who bought the midday spike is now sitting on a loss of roughly 15%.

Longer view: our HBAR price prediction.

QNT: The Rally That Has a Date Attached Quant (QNT) trades at $270.48, up 12.84% today and 299.39% over seven days. It roughly quadrupled in a week.

The difference from HBAR is the size of the counterparty. On September 24, The Clearing House announced that Quant will power its On-Chain Money Initiative, a network for clearing and settling tokenized bank deposits, with connections to the RTP and CHIPS payment rails. Full details in our report on The Clearing House selecting Quant.

Now the honest part. The network is expected to open to banks only in the first half of 2027. The token has priced in a lot, very fast, for a product that is months from launch. HBAR just showed what happens when a pump outruns its news. A +299% week makes QNT the riskiest chart on the board for anyone buying now.

The Rest of the Board CoinPrice24h7dQNT$270.48+12.84%+299.39%NEAR$5.03+6.29%+15.16%UNI$8.98+2.73%+1.01%ETH$2,691+0.74%-1.20%BCH$307.66+0.28%+15.90%BTC$83,558+0.27%-2.03%TRX$0.335-0.30%-3.81%ZEC$1,399-4.10%-7.67%HBAR$0.1043-16.50%+9.91% Two names worth a sentence each:

Uniswap (UNI) and Bitcoin Cash (BCH) stabilized after heavy losses earlier in the session. Both are due to get CME futures on October 19, pending regulatory review, per CME Group’s September 22 announcement. BCH is still up 15.90% on the week on that news. Our coverage: CME’s Bitcoin Cash and Uniswap futures. NEAR is quietly one of the strongest large caps: +6.29% today and +15.16% on the week, with no single headline behind it. The One Number That Matters QNT +299% in seven days vs HBAR -16.5% in one.

Put those two numbers side by side and you have the lesson of the day. Enterprise-partnership news can move a token enormously, and it can reverse just as fast. The only difference between the two today is time. HBAR’s reversal happened within hours. QNT’s has not happened yet, and it may not, because a bank-owned clearing house is a much larger counterparty than a cloud listing. But “may not” is not the same as “will not”.

Bottom Line The market is flat and waiting on PCE. Bitcoin holds $83,500. HBAR shows how quickly a partnership pump can unwind, and QNT is the rally everyone is watching to see if it does the same. A hot PCE print tomorrow would test every one of these moves at once.

FAQ Why is HBAR down today? HBAR fell 16.5% to about $0.104 after rallying above 20% earlier in the day on news that a Hedera-based identity platform was listed on the IBM Cloud Catalog. Traders took profits once the size of the deal became clear. HBAR is still up about 10% on the week.

Why is Quant (QNT) up? The Clearing House selected Quant on September 24 to power its tokenized deposit network for US banks. QNT is up roughly 299% over seven days, though the network only opens to banks in the first half of 2027.

What is the crypto market doing today? The market is roughly flat to slightly up, with total market cap near $2.86 trillion and 61 of the top 100 coins green. Traders are cautious ahead of August PCE inflation data on September 30.

What is the Bitcoin price today? Bitcoin trades around $83,558, up 0.27% on the day and down about 2% on the week. See our bitcoin price page for live data.

When is the PCE inflation report? The Bureau of Economic Analysis publishes August personal income and outlays, including PCE inflation, on September 30, 2026 at 8:30 a.m. ET.

Is it too late to buy QNT? Nobody can say. A token that quadrupled in a week carries high reversal risk, as HBAR showed today. Never invest more than you can afford to lose.

Disclaimer: This article is for information only and is not investment advice. Cryptocurrency is highly volatile. Do your own research before making any financial decision.

AUTHOR

Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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QNT’s breakout has evolved into a broader momentum trade after surviving a sharp pullback. Growing leverage could amplify volatility as traders chase the rally. Dormant supply is beginning to move as Quant returns to institutional focus. Quant has turned one institutional catalyst into one of crypto’s most aggressive rallies of the week.

QNT traded around $300 on Sept. 30, gaining roughly 13% on the day after moving as high as $326.54. The advance extends a weekly rally of more than 280% and has pushed Quant to No. 30 among cryptocurrencies by market capitalization.

The scale of the repricing is visible in the daily chart from TradingView. QNT spent much of September around $60-$70 before breaking above $100, accelerating through $150 and eventually printing an intraday wick above $360. Even after a violent retracement below $200, buyers returned and carried the token back toward $300.

Quant’s rally pushes the RSI deep into overbought territory as the MACD maintains strong bullish momentum. Momentum indicators now confirm just how stretched that move has become. QNT’s 14-day RSI has reached 81.70, firmly above the conventional 70 overbought threshold, while MACD remains strongly positive.

The rally began around Quant’s partnership with The Clearing House six days ago. Since then, however, it has acquired additional fuel from rising derivatives exposure, renewed institutional visibility and social momentum.

The result is a market that has moved well beyond simply reacting to a press release.

QNT’s Breakout Has Survived Its First Major Reversal The most revealing part of the chart is no longer the initial breakout.

It is what happened afterward.

QNT moved almost vertically from below $100 into the high-$200s before briefly trading above $360. That kind of expansion was followed by an equally aggressive rejection, with the token falling below $200 intraday.

Instead of returning toward its previous trading range, QNT recovered.

The Sept. 30 candle opened at $266.57, fell as low as $262.83 and reached $326.54 before settling around $300. That leaves the token roughly 13% higher on the session while challenging the same $300 area that previously attracted heavy volatility.

The recovery means QNT has retained a large portion of its breakout despite already experiencing a substantial correction.

But the indicators underneath price show that the market is far from normalized.

RSI at 81.70 Shows How Extended QNT Has Become QNT’s 14-day Relative Strength Index stands at 81.70.

An RSI above 70 is conventionally described as overbought, making the current reading unusually elevated. That does not mean QNT must immediately reverse. During powerful trends, RSI can remain above 70 for extended periods while price continues rising.

It does mean the token is trading with substantially stronger upward momentum than its recent historical range.

There is another useful detail in the chart.

The RSI’s moving average has climbed to approximately 70.02, meaning the underlying momentum trend has followed the indicator higher rather than QNT merely producing a single isolated spike.

MACD tells a similar story from another angle.

The chart shows the MACD line at 49.92, well above the 25.14 signal line, while the histogram remains positive at approximately 24.78.

That wide positive spread indicates that shorter-term momentum continues to run substantially ahead of the longer-term trend.

Taken together, the indicators describe an unusual combination:

QNT remains technically powerful, but it is no longer technically early. The breakout has momentum behind it. It also carries considerably more extension risk than it did near $100 or $150.

The Rally Started With a Banking Catalyst The initial repricing can be traced to Sept. 24.

The Clearing House selected Quant to provide the interoperability, orchestration and transaction-management technology behind its On-Chain Money Initiative, which is being developed to support tokenized commercial bank deposits. The Clearing House announcement

The significance comes from the infrastructure sitting behind the project.

The Clearing House operates major U.S. payment systems including RTP and CHIPS, while its On-Chain Money Initiative is intended to connect blockchain-based bank deposits with established banking infrastructure.

Quant is therefore not merely attached to a proof-of-concept carrying a large financial name. Its technology has been selected for a specific interoperability role in a bank-led tokenized-money network.

That provided QNT with a credible fundamental catalyst after months of relatively subdued trading.

It does not provide a valuation formula capable of explaining every dollar added to QNT since.

And six days into the rally, that distinction has become increasingly important.

$86 Million in Open Interest Adds Leverage to the Move The derivatives market is now reinforcing QNT’s volatility.

Data from Coinalyze for Sept. 30 show approximately $86.3 million in QNT open interest, an increase of 26.28% over 24 hours.

Most of that positioning sits on just two exchanges:

Binance: $54.1 million Bybit: $30.7 million Kraken: $1.6 million Huobi: $97,200 Binance and Bybit account for roughly 98% of the displayed total.

That matters alongside the technical indicators.

An RSI above 80 shows that spot momentum is already highly extended. Rising open interest means new leveraged positions are simultaneously being layered onto that move.

Neither metric independently predicts a reversal. But together they make QNT increasingly sensitive to sharp changes in positioning.

If momentum continues, leverage can reinforce the advance. If price reverses rapidly, the same derivatives market can accelerate the move through liquidations.

A Viral QNT Call Arrived During the Acceleration QNT’s rise has also acquired a social-media component.

On Sept. 26, gold analyst Jan Nieuwenhuijs urged followers to buy at least one QNT, presenting the position as roughly $120 of downside against a possible $10,000 payoff.

Today I advise everyone to buy at least 1 $QNT. Risk: loose $120, potential: earn $10,000. https://t.co/wPXwdsYJQE

— Jan Nieuwenhuijs (@JanGold_) September 26, 2026

The post spread partly because Nieuwenhuijs had made a bullish Bitcoin call in 2013.

That history makes for an effective social narrative, but it does not provide a valuation model for Quant. A previous successful Bitcoin call offers no evidence that QNT will reach $10,000.

The timing is more relevant.

His post appeared as QNT was accelerating out of its initial breakout. Price subsequently moved several times above the level around which the call was made.

The prediction therefore became attached to a rally that was already gathering momentum, helping turn QNT from an institutional-news story into a much more visible speculative trade.

Seven-Year-Dormant QNT Is Moving Again Rapid appreciation is also beginning to draw attention to dormant supply.

Lookonchain reported on Sept. 30 in X that a wallet linked to Quant’s founder transferred 25,776 QNT worth approximately $6.97 million after seven years without activity.

Arkham data shows a series of QNT transfers from a wallet labeled Quant Network The wallet still retained roughly 600,000 QNT, valued at approximately $160.39 million at the time of the report.

That transaction requires careful interpretation.

The transferred tokens moved to newly created wallets rather than directly to a centralized exchange. There is therefore no blockchain evidence from the transfer alone that they were sold.

What makes the movement relevant is its timing.

A previously dormant position has become active during QNT’s largest repricing in years, while a much larger balance remains associated with the original wallet.

The next movement of those tokens would consequently provide more useful information than the initial transfer itself.

Quant’s Institutional Story Is Still Developing Away from the chart, Quant is using Sibos 2026 in Miami to demonstrate how its infrastructure could operate inside another area of institutional finance.

Quant and Capgemini are presenting an agentic-AI treasury workflow capable of identifying liquidity shortfalls, evaluating balances and market conditions, and moving tokenized deposits when permitted by predefined controls.

Smaller liquidity gaps can be handled automatically in the demonstration. Larger funding decisions require human approval before the transaction proceeds.

Quant provides the tokenized-deposit issuance, workflow and policy infrastructure, while Capgemini developed the liquidity alerts, agent decisioning and approval experience.

The demonstration should not be treated as another direct source of QNT demand.

It does, however, reinforce the broader institutional narrative developing around Quant during the same week its token has returned to the center of crypto trading.

QNT Has Momentum, but It No Longer Has a Quiet Market The market that existed around QNT a week ago has disappeared.

A relatively subdued token near $70 has become a top-30 crypto asset trading around $300. Its RSI is above 80.

MACD remains strongly positive. Open interest is expanding. Social attention has surged. And previously dormant tokens are moving while Quant itself is appearing in increasingly prominent institutional-finance projects.

The indicators do not say that the rally is finished.

They say something more useful: QNT is now trading with both exceptional momentum and exceptional extension.

That makes the behavior around $300 particularly informative.

A sustained hold would show that buyers can retain much of the repricing even after the first major rejection from above $360. Another deep retracement would instead test how much of the vertical move was supported by durable demand once momentum cools and leveraged positioning is forced to adjust.

The Clearing House partnership explains why the market suddenly had a reason to look at Quant.

An RSI of 81.70, rapidly expanding leverage and a 280% weekly move show just how far traders have taken it since.

Alexander Zdravkov is a crypto journalist and market analyst specializing in digital assets, blockchain technology, and the rapidly evolving cryptocurrency market. He entered the industry more than four years ago, drawn to the speed of innovation in crypto and the potential of blockchain-based financial systems to reshape traditional markets. His work focuses on understanding the forces behind crypto market movements, from Bitcoin and altcoin cycles to institutional adoption, regulation, exchange-traded products, stablecoins, DeFi, and emerging blockchain ecosystems. Rather than simply following price action, Alexander looks at liquidity, investor positioning, market structure, and macroeconomic conditions to identify developing trends and explain what they could mean for digital assets. With a degree in International Relations, he brings a broader perspective to cryptocurrency coverage by connecting developments in the sector with monetary policy, geopolitics, regulation, and global capital flows. This allows him to examine crypto not as an isolated market, but as an increasingly interconnected part of the global financial system. Over the course of more than five years in financial journalism, Alexander has written over 5,000 articles covering cryptocurrencies, blockchain, traditional markets, and the global economy. His reporting spans Bitcoin, Ethereum and altcoins, DeFi protocols, institutional crypto adoption, regulation, market infrastructure, security incidents, and major developments shaping the wider digital asset industry. His approach is centered on giving readers context behind the numbers and headlines, explaining not only what is happening in crypto markets, but why it matters and what could come next.

Full Profile

When @TCHtweets announced on September 24 that it had chosen @quantnetwork to power its new tokenized deposit network, most coverage focused on what it meant for $QNT. The more instructive question is who The Clearing House actually is, and why its endorsement carries so much weight.

The Infrastructure Behind US Banking The Clearing House was founded in 1853 by 38 New York banks and served as a de facto central bank before the Federal Reserve existed. Today it is owned by the largest US commercial banks and sits at the center of the country's payment system.

It operates three core payment systems: CHIPS for large-value wire clearing, the EPN automated clearing house (ACH), and the RTP network, the private-sector real-time payments rail it launched in 2017. Its networks clear and settle more than $2 trillion per day across wire transfers, ACH, checks, and real-time payments. In 2024, EPN alone handled 20.7 billion payments worth $56.4 trillion, roughly half of all US commercial ACH volume. CHIPS is the largest private-sector USD clearing and settlement network in the world for high-value wire payments.

Why Quant Was Chosen The Clearing House selected Quant, described as a leading provider of programmable money infrastructure, to power its On-Chain Money Initiative, a new interoperable payments network that will enable financial institutions to clear and settle tokenized deposit transactions.

Tokenized deposits are digital representations of bank balances. A tokenized deposit remains a deposit liability of the bank that issued it, which distinguishes them from public stablecoins and preserves the existing protections depositors rely on.

Quant will handle the interoperability and transaction layer, linking the network to systems like RTP and CHIPS. The selection reflects Quant's positioning as a provider of programmable money infrastructure that supports interoperability across multiple ledgers rather than requiring institutions to commit to a single blockchain.

The initiative is backed by 25 of the country's largest financial institutions, naming Bank of America, Citi, J.P. Morgan, Wells Fargo, HSBC, BNY, PNC Bank, U.S. Bank, and Truist among others. The On-Chain Money Initiative is designed to create new opportunities across corporate treasury, liquidity management, cross-border payments, and digital asset settlement. The network is expected to become available to participating institutions in the first half of 2027.

Sources:
The Clearing House Partners with Quant to Advance the On-Chain Money Initiative (PR Newswire via Yahoo Finance)
TCH and Quant Partner to Power US Tokenized Deposit Network for Banks (FF News)
The Clearing House Payments Company (Wikipedia)

Dunamu’s CEO plans to seek growth opportunities outside South Korea.

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Despite the drop in $ZEC, whales are still accumulating! Two wallets, likely belonging to the same whale, withdrew 24,706 $ZEC ($28.17M) from #Binance and #Gate over the past month at an average price of $1,140.

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Anthropic pointed out that GLM-5.3 is highly skilled at adversarial attacks, and Zhipu AI immediately responded that the model is also very capable of defending against such attacks.

Beating AI Express (Dongcha) reports that Anthropic recently released a report warning that GLM-5.3 can now independently develop exploit chains, potentially lowering the barrier to advanced cyberattacks. Zhipu AI subsequently shared data on its OpenVuln service, noting that GLM-5.3 has scanned 389 open-source projects and identified 4,249 potential vulnerabilities. OpenVuln is a free vulnerability scanning tool built by Zhipu AI using GLM-5.3. After project maintainers submit code, the model locates vulnerabilities, with results sent only to the maintainers and not publicly disclosed. Anthropic focused on attack risks, while Zhipu AI emphasized the technology’s defensive value. The former just brought GLM-5.3’s cybersecurity capabilities to public attention, and the latter immediately capitalized on this focus to use the same capability for positive self-promotion.

15 minutes ago

Israeli Prime Minister’s Spokesperson: The incident involving Dubai Air is not a hijacking.

Spokesperson for the Israeli Prime Minister: The incident involving Dubai Airlines is not a hijacking.

15 minutes ago

Binance Alpha’s new project Concrete holds its Token Generation Event (TGE) today, with 35% of the tokens allocated to the ecosystem.

On-chain financial operating system Concrete has announced that its native governance and configuration token CT will hold its Token Generation Event (TGE) today, September 30, and will be deployed on the Ethereum and Binance Smart Chain (BSC) blockchains. The token’s fixed initial total supply is 1 billion units, with allocations broken down as follows: 35% to the ecosystem, 15% to the foundation, 22% to the team, and 28% to investors; specific airdrop-related shares were not disclosed. Prior reports noted that Binance Alpha and Coinbase sequentially announced today that they will list the Concrete token.

15 minutes ago

6 hours ago

According to Lookonchain’s monitoring, Quant Network’s founder-linked wallet 0x48E9—after 7 years of inactivity—transferred 25,776 QNT (worth around $6.97 million) to multiple newly created wallets. The wallet still holds 600,000 QNT, valued at approximately $160.39 million.

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Table of contents

This morning HBAR was the market’s best large-cap story. By evening it was the worst. Same news, same coin, twelve hours apart.

The crypto market has steadied after a rough start to the week. Total market cap sits near $2.86 trillion, up 1.1% on the day, and 61 of the top 100 coins are green. Bitcoin trades at $83,558, flat on the day (+0.27%) and down 2.03% on the week.

The calm has a reason. The Bureau of Economic Analysis releases August PCE inflation data on September 30 at 8:30 a.m. ET, two weeks after the Fed raised rates for the first time since 2023. Nobody wants a big position into that print.

Underneath the flat surface, two coins went in opposite directions on the same kind of news.

HBAR: From +22% to -16.5% Hedera (HBAR) trades at $0.1043, down 16.5% over 24 hours. Earlier today it was up more than 20% and traded above $0.12.

The fuel was a September 23 announcement from The Hashgraph Group: its Hedera-based IDTrust identity platform for AI agents was listed on the IBM Cloud Catalog. A real partnership, but a narrow one. This is a partner’s product on a cloud marketplace, not IBM building on Hedera itself.

The market seems to have reached the same conclusion within a day. HBAR is still up 9.91% on the week, so the move has not been erased. But anyone who bought the midday spike is now sitting on a loss of roughly 15%.

Longer view: our HBAR price prediction.

QNT: The Rally That Has a Date Attached Quant (QNT) trades at $270.48, up 12.84% today and 299.39% over seven days. It roughly quadrupled in a week.

The difference from HBAR is the size of the counterparty. On September 24, The Clearing House announced that Quant will power its On-Chain Money Initiative, a network for clearing and settling tokenized bank deposits, with connections to the RTP and CHIPS payment rails. Full details in our report on The Clearing House selecting Quant.

Now the honest part. The network is expected to open to banks only in the first half of 2027. The token has priced in a lot, very fast, for a product that is months from launch. HBAR just showed what happens when a pump outruns its news. A +299% week makes QNT the riskiest chart on the board for anyone buying now.

The Rest of the Board CoinPrice24h7dQNT$270.48+12.84%+299.39%NEAR$5.03+6.29%+15.16%UNI$8.98+2.73%+1.01%ETH$2,691+0.74%-1.20%BCH$307.66+0.28%+15.90%BTC$83,558+0.27%-2.03%TRX$0.335-0.30%-3.81%ZEC$1,399-4.10%-7.67%HBAR$0.1043-16.50%+9.91% Two names worth a sentence each:

Uniswap (UNI) and Bitcoin Cash (BCH) stabilized after heavy losses earlier in the session. Both are due to get CME futures on October 19, pending regulatory review, per CME Group’s September 22 announcement. BCH is still up 15.90% on the week on that news. Our coverage: CME’s Bitcoin Cash and Uniswap futures. NEAR is quietly one of the strongest large caps: +6.29% today and +15.16% on the week, with no single headline behind it. The One Number That Matters QNT +299% in seven days vs HBAR -16.5% in one.

Put those two numbers side by side and you have the lesson of the day. Enterprise-partnership news can move a token enormously, and it can reverse just as fast. The only difference between the two today is time. HBAR’s reversal happened within hours. QNT’s has not happened yet, and it may not, because a bank-owned clearing house is a much larger counterparty than a cloud listing. But “may not” is not the same as “will not”.

Bottom Line The market is flat and waiting on PCE. Bitcoin holds $83,500. HBAR shows how quickly a partnership pump can unwind, and QNT is the rally everyone is watching to see if it does the same. A hot PCE print tomorrow would test every one of these moves at once.

FAQ Why is HBAR down today? HBAR fell 16.5% to about $0.104 after rallying above 20% earlier in the day on news that a Hedera-based identity platform was listed on the IBM Cloud Catalog. Traders took profits once the size of the deal became clear. HBAR is still up about 10% on the week.

Why is Quant (QNT) up? The Clearing House selected Quant on September 24 to power its tokenized deposit network for US banks. QNT is up roughly 299% over seven days, though the network only opens to banks in the first half of 2027.

What is the crypto market doing today? The market is roughly flat to slightly up, with total market cap near $2.86 trillion and 61 of the top 100 coins green. Traders are cautious ahead of August PCE inflation data on September 30.

What is the Bitcoin price today? Bitcoin trades around $83,558, up 0.27% on the day and down about 2% on the week. See our bitcoin price page for live data.

When is the PCE inflation report? The Bureau of Economic Analysis publishes August personal income and outlays, including PCE inflation, on September 30, 2026 at 8:30 a.m. ET.

Is it too late to buy QNT? Nobody can say. A token that quadrupled in a week carries high reversal risk, as HBAR showed today. Never invest more than you can afford to lose.

Disclaimer: This article is for information only and is not investment advice. Cryptocurrency is highly volatile. Do your own research before making any financial decision.

AUTHOR

Simeon is a detail-driven editor who sharpens every piece with clarity and precision, ensuring clean, consistent, and professional content throughout.

Crypto Is Rallying Again – But the Biggest Winner Isn’t Bitcoin, Ethereum or XRP