Altcoins Buck Crypto Market Trends as Quant, Bitway, and XDC Rise

The crypto market showed signs of a cooldown on Monday, September 28. Despite Bitcoin and Ethereum registering a 2% drop, three altcoins bucked the trend in dramatic fashion. Quant (QNT), Bitway (BTW), and XDC Network (XDC) topped CoinGecko's 24-hour gainers among the top 100 coins.

Quant was Monday's top gainer, rising 32.85% to $238.2 at press time, extending its weekly gain to 260%. The altcoin's rally began on September 24, when The Clearing House picked Quant to run its US tokenized deposit network. The network is due to open in the first half of 2027.

The Clearing House is owned by 25 of the largest US banks, and UK banks including Barclays, HSBC UK, and NatWest completed live tokenized sterling payments on Quant's platform the same day. Even after the run, QNT trades about 47% below its September 2021 record of $427.42.

Bitway also saw significant gains, climbing 28.3% to $1.38 and printing an all-time high of $1.43 early on Monday. This lifts its weekly gain to 75% and its market cap to $3.7 billion. However, no listing or protocol announcement surfaced on Monday to explain the jump.

XDC Network had gained 11.66% over the past 24 hours to trade at $0.034 at press time. The altcoin has risen 20% in the past week. XDC's rally is likely driven by recent validator additions, including South Korean custody firm DSRV joining as a masternode validator on September 18.

Each of these rallies now faces its own test within days. Bitway's Booster campaign ends on October 2, while XDC's Sibos window closes on October 1. Quant has the firmest backing of the three, but The Clearing House network will not open until 2027.