Crypto Gainers: Solana, DeFi and AI Tokens Rally
A broad sell-off in US tech stocks weighed on crypto markets last week. Spot Bitcoin ETFs saw their largest single-day net outflow since late June on 22 October, while Bitcoin briefly fell near $79,000 and several major altcoins posted double-digit weekly losses.
Despite the downturn, a group of Huobi HTX-listed tokens rose between 19 and 25 October. Solana-based Bubblemaps (BMT) led with an 86% gain, followed by Orderly Network’s ORDER at 65%. AI-related tokens ARC and ZEREBRO gained 53% and 43%, respectively. Other notable risers included SKYAI, ELSA, PAID and STONK.
The tokens span DeFi, AI and meme projects, with several linking token value to protocol revenue through buybacks, burns or revenue sharing. JUST’s JST, for example, saw about 170 million tokens burned in its fifth buyback round; cumulative burns since the mechanism began in October 2025 reached about 1.88 billion, or nearly 19% of its total supply. Convex Finance’s TVL was about $580 million as of 20 October, according to DefiLlama.
These isolated gains contrast with weakness in the wider crypto market. Traders should note that revenue-linked token mechanisms do not guarantee price growth, while meme assets in particular can be highly volatile and sentiment-driven.
Neutral
The article describes a mixed market picture rather than a broad change in crypto direction. Bitcoin ETF outflows and Bitcoin’s decline towards $79,000 point to weak near-term risk appetite. At the same time, selected tokens across Solana, DeFi and AI posted strong weekly gains, suggesting that project-specific narratives and token mechanisms can support isolated rallies even during a market pullback.
In the short term, traders may focus on momentum in the named tokens, especially those with buyback or burn mechanisms. However, weekly performance alone does not confirm sustained demand; liquidity, trading volume, broader Bitcoin price action and follow-through in ETF flows remain important. Meme tokens such as PAID and STONK may be particularly vulnerable to sentiment reversals and sharp volatility.
Similar episodes in past crypto corrections have seen capital rotate into smaller, narrative-driven assets while major coins weakened. Such rallies can fade quickly if Bitcoin continues to fall or risk appetite deteriorates. Over the longer term, revenue-linked token designs and functioning products may help differentiate projects, but they do not remove market, execution or token-supply risks. Because the article reports both broad weakness and isolated gains, without evidence of a market-wide catalyst, the overall assessment is neutral.