Altcoin spot volume nears 4x Bitcoin’s as Quant leads institutional rotation

  • Altcoin spot volume neared four times Bitcoin’s as speculative capital rotated toward institutional-infrastructure projects.
  • Quant’s QNT gained 9.1% to $294.50, while Santiment recorded 645 transactions worth at least $100,000 in one day and later reporting cited $140 million in whale transfers.
  • The Clearing House selected Quant on Sept. 24 for a system designed to move bank deposits on-chain, while rising altcoin inflows and broader regulatory scrutiny kept risks elevated.

Bitcoin, Ethereum and XRP remained rangebound as speculative capital rotated toward altcoins linked to institutional infrastructure, with Glassnode reporting that altcoin spot volume had risen to nearly four times Bitcoin’s. Quant’s QNT gained 9.1% to $294.50 after The Clearing House selected its technology for U.S. tokenized deposits, while Santiment recorded a one-day record of 645 transactions worth at least $100,000 and later reporting cited $140 million in whale transfers and sixfold weekly gains. The broader market backdrop included stronger European and UK crypto oversight, $66.2 million in U.S. spot Bitcoin ETF inflows on Sept. 29, and continued token-specific rallies, although rising altcoin exchange inflows and Zcash selling indicated potential downside pressure.

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