New feedback from Solmate’s Marco Santori and two broadly adopted analysts put the concentrate on 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 can be CEO.
He mentioned Solmate is aligned with the Solana Basis and backed by UAE buyers, 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 targeted on SOL-per-share progress for shareholders.
Santori outlined the technique behind the car by calling digital asset treasuries “capital accumulation machines.” In his view, one of the best DAT is the one with one of the best entry to capital, and he argued the UAE is “the Capitol of Capital.”
He mentioned Solmate’s sponsors embrace the Pulsar Group, positioning the agency to boost fiat and convert it into crypto extra effectively than particular person buyers.
On operations, Santori mentioned Solmate is partnering with RockawayX, which he referred to as a pacesetter in staking infrastructure, and that Viktor Fischer will be part of the board.
The plan consists of standing up bare-metal validators in Abu Dhabi to focus on efficiency and reliability for staking, with extra initiatives to comply with.
Santori additionally made a broader case for the Solana ecosystem.
He mentioned 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 value motion
Analyst Rekt Capital mentioned 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 maintain the trail open for makes an attempt at new all-time highs.
Dealer KALEO mentioned “$1,000+ sol isn’t a meme,” presenting four-figure costs as believable; he didn’t specify timing within the publish.
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 complete. That tells us patrons had been usually in management throughout this era.
The place patrons confirmed up. Round 22:00 UTC on Sept. 17, 2025, value pushed above ~$245 on a lot heavier buying and selling (~2.32M items). “Heavier buying and selling” means extra cash modified fingers than ordinary.
When value 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, value 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, value 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 moderately than reversing pattern.
Ranges to look at:
- Flooring (help): ~$245 first, ~$238 if ~$245 breaks. Assist = areas the place patrons have lately stepped in.
- Ceilings (resistance): ~$252–$253 first, then ~$255–$260 if value will get by means of ~$253. Resistance = areas the place sellers have lately pushed again.
Backside line. Patrons defended ~$245; sellers capped ~$253. A day by day/4-hour shut above ~$253 (UTC) would doubtless invite a push towards ~$255–$260. A drop under ~$245 would doubtless 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 doubtless 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 attempt increased.
