PANews reported on September 28th that Quanto (formerly OX.FUN), a platform associated with Su Zhu, will launch a QTO liquidity pool incentive program on the Solana ecosystem's Raydium protocol, distributing 5 million QTO tokens (0.5% of the total supply) for 90 days. The program aims to enhance on-chain liquidity and provide a smoother trading experience for Quanto ecosystem participants.
Additionally, Quanto announced on July 1st the completion of its upgrade from OX to QTO. QTO, natively launched on the Solana blockchain, boasts higher performance, greater composability, and improved scalability. The token supply has been reduced from 8.22 billion OX to 1 billion QTO, with an exchange rate of 1 QTO = 8.22 OX, while user asset value remains unchanged.



Bitcoin’s market cycles may stretch longer as ISM manufacturing data remains weak, hinting at extended macro headwinds and slower business recovery. The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around.The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has since gained traction among macro-focused crypto analysts.“All 3 past Bitcoin cycle tops have broadly aligned with this monthly, oscillating index,” analyst Colin Talks Crypto noted, referencing the recurring overlap between Bitcoin’s market highs and the PMI’s cyclical peaks.Read more