Several altcoins are defying the wider crypto market’s downturn today, showcasing strong gains despite the negative sentiment in Bitcoin. The positive momentum is driven by robust DeFi narratives, with RESOLV, QNT and ALCX showing impressive upticks. 30.58% jump for RESOLV fueled investor confidence as it pushes past a key resistance level. Quant (QNT) also saw significant growth, rising 12.86%, thanks to institutional interest in its UK tokenized deposits infrastructure. Meanwhile, Alchemix (ALCX) climbed 18.19% on the back of strong DeFi narratives and increased liquidity fueled by exchanges. Although Bitcoin prices dipped below $100K, this hasn’t dampened the altcoin rally.