New comments from Solmate’s Marco Santori and two broadly compliant analysts are focusing on Sol’s $ 238 pivot and what to confirm the higher price.
Marco Santori’s comments
In a X threadSantori introduced, a former Kraken CLO Solmatewhich he described as the “new brand Solana infrastructure” for the UAE, added that he would be CEO.
He said Solmate was aligned with the Solana Foundation and that the UAE investors were back in, and he emphasized additional support from Ark Invest, which he characterized as a rare investment of an ETF’s DAT pipe.
Santori’s remit-framed solmate as a digital asset asset and crypto infrastructure company dedicated to sol-per-share growth for shareholders.
Santori described the back of the vehicle by calling the digital treasures of the “capital accumulation machine.” In his view, the best DAT is the one with the best access to the capital, and he argues that the UAE is “the capital of capital.”
He said Solmate’s sponsors were with the PulSar Group, which positioned the firm to raise Fiat and convert it to crypto better than individual investors.
During the operations, Santori said Solmate was working with Rockawayx, whom he called the leader of the staking infrastructure, and Viktor Fischer would join the board.
The plan includes the erection of bare metal validators in Abu Dhabi to target performance and reliability for staking, with many initiatives to follow.
Santori also made a wider case for the Solana ecosystem.
He said Solana was the “fastest, most used” blockchain and growing faster than comparable networks. He compared it to Ethereum by saying that “Solana conveyed what Ethereum promised,” and closed the thread with a strong “I was all in.”
Comments from Analysts to Sol’s Price Action
Analyst returns capital Says SOL has broken a long-term downtrend and now retired nearly $ 238 -F ormerly major monthly resistance-a weekly support support. He sees a successful retest as a confirmation that the old ceiling slides into a floor, keeping the path open for attempts at new hours.
Trader Kaleo Says “The $ 1,000+ sol is not a meme,” which presents the four -figure price as possible; He did not specify the timing in the post.
Analysis of technical coindesk research
Window time. The review covered September 17, 2025, 19:00 UTC to Sept. 18, 2025, 18:00 UTC.
What happened. In that window, Sol moved from $ 233.78 to $ 250.59 (about +7.2%)rhyming for about $ 19.72 in total. That tells us consumers generally have control over this time.
Where consumers appear. At 22:00 UTC on September 17, 2025, the price was pushed above ~ $ 245 in heavier trading (~ 2.32m unit). “Heavier Trading” means that many coins have changed hands than ever before.
When the price goes up to larger-than-normal activity, this is a sign demand is strong enough to overcome the seller. After that pushing, ~ $ 245 began acting like a floor (Support) – Traders are willing to buy dips there.
Where the sellers were pushed back. At 17:00 UTC on September 18, 2025, the price stuck near ~ $ 253.44 in very high trade (~ 2.88m unit). That shows ~ $ 253 is a ceiling (Resistance) – Many entrepreneurs choose to sell or get income there, absorbing purchase orders.
How did the window end. Between 17:56 UTC and 18:55 UTC in Sept. 18, 2025, the price was eased from $ 251.55 to $ 250.40. Small, smooth fading after a strong running is usually cool-off or combining-the market is taking breath rather than reversed.
Levels to watch:
- Floor (Support): ~ $ 245 first, ~ $ 238 if ~ $ 245 break. Support = places where consumers have recently entered.
- Ceiling (Resistance): ~ $ 252– $ 253 first, then ~ $ 255- $ 260 if the price gets ~ $ 253. Resistance = places where sellers have recently pushed.
Bottom line. Consumers defended ~ $ 245; Sellers are trapped ~ $ 253. A Daily/4 Time near the top ~ $ 253 (UTC) Likely to invite a push towards ~ $ 255- $ 260. A drop below ~ $ 245 is likely to bring a check of $ 242- $ 243, then ~ $ 238.
Analysis of the latest sol-USD CoinDesk data charts
24 -hour chart (Ends Sept. 18, 19:51 UTC): Range $ 237.01– $ 252.81; Coiling above ~ $ 245 with a ceiling ~ $ 252- $ 253. Hold ~ $ 245 and a push by ~ $ 253 is likely to target ~ $ 255- $ 260; Lose $ 245 and the path is $ 242- $ 243, then ~ $ 238.
One month chart (Ends Sept. 18, 19:52 UTC): Uptrend of higher highs/lows (nearly $ 179.71 → $ 250.50). $ 238 is the pivot: above keeps it cleaning the breakout case; Below this suggests a pause towards the low $ 230s before another try higher.
