Altcoin Market Update: Hedera and Quant Defy Downtrend as Rally Cools

The altcoin market experienced a sharp reversal on Monday, September 28, with the CoinDesk 100 index falling 2.6% as 91 assets closed in the red. Despite the broader market pullback, Quant (QNT) and Hedera (HBAR) showed resilience. QNT recently surged to over 300 dollars, driven by its selection by The Clearing House for a tokenized deposit initiative, though it retreated 16% on Monday. HBAR gained approximately 30% over 24 hours, reaching 0.123 dollars, supported by the Hedera Council joining Nvidia's Open Agent Safety Platform and the transfer of its Cross-Ledger Protocol to the Linux Foundation Decentralized Trust.