Solana News Today: Bitcoin Stumbles, Solana Wavers as MoonBull's Tokenomics Ignite November Bull Run

Bitcoin's Pullback Meets Solana's Struggles as MoonBull Emerges as November's Top Crypto Bet

Bitcoin (BTC) faced renewed selling pressure in late October, retreating from its recent $116,000 peak amid shifting market sentiment. The flagship cryptocurrency, which had briefly crossed $116,000 on October 28, 2025, settled at $114,205 as investors recalibrated positions ahead of the Federal Reserve's policy meeting. Analysts attributed the pullback to cautious positioning, with the Fear & Greed Index hovering in "neutral" territory and on-chain metrics indicating stabilizing miner holdings, according to a CryptoDaily analysis. Meanwhile, Solana (SOL) endured a sharp correction, dropping to $182 after institutional trading firm Jump Crypto swapped $205 million in SOL for Bitcoin, triggering a 6% intraday decline, per a CoinMarketCap report.

The Solana sell-off underscored broader altcoin volatility, with Ethereum (ETH) and Aptos (APT) also posting declines. Derivatives markets reflected bearish sentiment, as open interest in Solana futures rose 2.28% to $10.32 billion, while short positions dominated trading activity, according to an InvestorEmpires report. The asset rotation—converting 1.1 million SOL tokens into 2,455 BTC—sparked speculation about risk management strategies ahead of potential U.S.-China trade tensions, and the CryptoDaily analysis noted that despite the drop Solana's market cap held above $100 billion, buoyed by the recent approval of U.S. spot ETFs and network upgrades like Alpenglow.

Amid the turmoil, MoonBull ($MOBU) emerged as a standout performer, with its 23-stage presale model generating $500,000 in Stage 5 and offering 95% APY staking rewards. The Ethereum-based token's Mobunomics framework allocates 2% of transactions to liquidity pools, 2% to holder rewards, and 1% to token burns, creating a deflationary cycle that has driven a 163% ROI for early investors, according to a Bitget feature. With a projected 9,256% return if the token debuts at $0.00616, MoonBull outpaces slower-moving altcoins like Binance Coin (BNB) and Avalanche (AVAX), which analysts forecast to reach $1,427 and $23.92 by 2030, respectively.

The project's viral appeal—blending meme culture with structured tokenomics—has attracted over 1,700 presale participants, leveraging a 15% referral bonus to accelerate adoption, according to a Bitget presale report. This momentum aligns with broader institutional interest in crypto infrastructure, exemplified by Bybit's partnership with Anchorage Digital and BitMine Immersion's $13.7 billion in crypto assets, as noted in the CryptoDaily analysis. While Bitcoin and Litecoin remain stagnant, the Bitget feature highlights how MoonBull's governance model and Ethereum-based smart contracts address common criticisms of meme coins, such as lack of utility.

Market observers note that declining Bitcoin dominance—a traditional precursor to altcoin rallies—further validates MoonBull's rise. Competitive yield landscapes, including 12% APY stablecoin staking, highlight the project's aggressive approach to attracting capital during a $3.7 trillion crypto bull run, and regulatory clarity in the U.S. is fueling institutional adoption of structured growth strategies that position MoonBull as a compelling alternative to traditional value stores.