Mainstream coins have stagnated, and institutional funds have swept away QNT and LINK

According to Woofun AI, BTC, ETH, and XRP continue to fluctuate in a range-bound pattern, and market liquidity is shifting from mainstream assets to infrastructure alternative coins endorsed by institutions. This structural shift in capital flow indicates that the focus of speculation has shifted to underlying agreements with practical application scenarios.

Quant (QNT) has become the core target of this round of capital chase. Santiment revealed on the X platform on Tuesday that Giant Whale wallets were bought at a record rate, recording 645 transactions worth at least $100,000 in a single day, reaching the highest level in history.

The underlying reason for this phenomenon is that its technology enables banks to transfer assets across chains without changing platforms. On September 24, The Clearing House, which handles trillions of dollars of daily payments in the US, officially selected Quant to support its on-chain bank deposit transfer system. Analyst Greg Lunt pointed out that many banks and institutions have connected to the technology, and the total QNT limit is only 14.88 million tokens. The extreme scarcity on the supply side makes it easy for large-scale purchases to trigger rapid price increases, leading to sharp stock price fluctuations.

According to data compiled by Woofun AI, Project The Graph (GRT) also had 24 transactions worth more than 100,000 dollars on the same day, setting the busiest record for the whole year.

At the same time, Chainlink (LINK) bucked the trend and hit a new high against the backdrop of some small investors selling off due to a rebound in the market, and more powerful buyers took on the profit chips of retail investors. This week, Chainlink upgraded its cross-chain asset transfer technology, and up to now, the network has processed more than $24 billion in asset transfers.

This data confirms the infrastructure layer's core carrying capacity in a bull market, and funds are being allocated more efficiently through Layer 2 and oracle networks.

Veteran trader Peter Brandt listed Stellar as a potential investment target for the next few years based on long-term monthly charts. Currently, Ripple (XRP) is fluctuating around $1.50, and technical analysis signals are unclear. According to the Glassnode report, the spot trading volume of altcoins has reached 4 times that of Bitcoin, the highest level since September 2025.

Although a sharp rise in risk appetite is often accompanied by partial highs in the Bitcoin price, price reversals cannot be predicted based on this indicator alone, and the market still needs to carefully observe subsequent momentum.