New feedback from Solmate’s Marco Santori and two extensively adopted analysts put the deal with SOL’s $238 pivot and what would verify increased costs.
Marco Santori’s feedback
In an X thread, Santori, a former Kraken CLO, launched Solmate, which he described as “model new Solana infrastructure” for the UAE, including that he will likely be CEO.
He stated Solmate is aligned with the Solana Basis and backed by UAE traders, and he highlighted extra help from Ark Make investments, which he characterised as a uncommon DAT PIPE funding by an ETF.
Santori framed Solmate’s remit as a digital asset treasury and crypto infrastructure firm centered on SOL-per-share progress for shareholders.
Santori outlined the technique behind the automobile by calling digital asset treasuries “capital accumulation machines.” In his view, the most effective DAT is the one with the most effective entry to capital, and he argued the UAE is “the Capitol of Capital.”
He stated Solmate’s sponsors embrace the Pulsar Group, positioning the agency to lift fiat and convert it into crypto extra effectively than particular person traders.
On operations, Santori stated Solmate is partnering with RockawayX, which he known as a frontrunner in staking infrastructure, and that Viktor Fischer will be part of the board.
The plan contains standing up bare-metal validators in Abu Dhabi to focus on efficiency and reliability for staking, with extra initiatives to observe.
Santori additionally made a broader case for the Solana ecosystem.
He stated Solana is the “quickest, most used” blockchain and is rising sooner than comparable networks. He contrasted it with Ethereum by saying Solana “delivers what Ethereum promised,” and closed the thread with an emphatic “I’m all in on it.”
Feedback from analysts on SOL’s worth motion
Analyst Rekt Capital stated SOL has damaged a long-term downtrend and is now retesting about $238 —f ormerly main month-to-month resistance —a s help on the weekly chart. He sees a profitable retest as affirmation that the previous ceiling has flipped to a ground, which might preserve the trail open for makes an attempt at new all-time highs.
Dealer KALEO stated “$1,000+ sol isn’t a meme,” presenting four-figure costs as believable; he didn’t specify timing within the put up.
CoinDesk Analysis’s technical evaluation
Time window. The evaluation covers Sept. 17, 2025, 19:00 UTC to Sept. 18, 2025, 18:00 UTC.
What occurred. Throughout that window, SOL moved from $233.78 to $250.59 (about +7.2%), swinging about $19.72 in whole. That tells us consumers had been typically in management throughout this era.
The place consumers confirmed up. Round 22:00 UTC on Sept. 17, 2025, worth pushed above ~$245 on a lot heavier buying and selling (~2.32M items). “Heavier buying and selling” means extra cash modified arms than regular.
When worth climbs on bigger-than-normal exercise, it’s an indication demand is robust sufficient to beat sellers. After that push, ~$245 began appearing like a ground (help) — merchants had been prepared to purchase dips there.
The place sellers pushed again. At 17:00 UTC on Sept. 18, 2025, worth stalled close to ~$253.44 on very excessive buying and selling (~2.88M items). That exhibits ~$253 is a ceiling (resistance) — many merchants selected to promote or take revenue there, absorbing purchase orders.
How the window ended. Between 17:56 UTC and 18:55 UTC on Sept. 18, 2025, worth eased from $251.55 to $250.40. That small, orderly fade after a powerful run is typical cool-off or consolidation — the market catching its breath slightly than reversing development.
Ranges to observe:
- Flooring (help): ~$245 first, ~$238 if ~$245 breaks. Assist = areas the place consumers have just lately stepped in.
- Ceilings (resistance): ~$252–$253 first, then ~$255–$260 if worth will get by means of ~$253. Resistance = areas the place sellers have just lately pushed again.
Backside line. Consumers defended ~$245; sellers capped ~$253. A every day/4-hour shut above ~$253 (UTC) would seemingly invite a push towards ~$255–$260. A drop under ~$245 would seemingly carry a test of $242–$243, then ~$238.
Evaluation of newest SOL-USD CoinDesk Information charts
24-hour chart (ending Sept. 18, 19:51 UTC): Vary $237.01–$252.81; coiling above ~$245 with a ceiling ~$252–$253. Maintain ~$245 and a push by means of ~$253 would seemingly goal ~$255–$260; lose ~$245 and the trail is $242–$243, then ~$238.
One-month chart (ending Sept. 18, 19:52 UTC): Uptrend of upper highs/lows (roughly $179.71 → $250.50). $238 is the pivot: above it retains the breakout case clear; under it suggests a pause towards the low $230s earlier than one other strive increased.
