New comments from Solmate’s Marco Santori and two widely followed analysts focus on SOL’s $ 238 pivot and what would confirm higher prices.
Marco Santori’s comments
In an X -thread, Santori introduced a former Kraken Clo, Solmate, whom he described as “brand new Solana infrastructure” for UAE, adding that he will be CEO.
He said Solmate is in line with the Solana Foundation and supported by UAE investors, and he highlighted further support from ARK Invest, which he characterized as a rare DAT -Summary Investment of a ETF.
Santori framed Solmate’s remit as a digital asset box and cryptoinfrastructure company focused on growth in the SOL-PER share for shareholders.
Santori outlined the strategy behind the vehicle by calling digital asset boxes “capital accumulation machines.” In his view, the best date is the one with the best access to capital, and he argued that UAE is “the capital of capital.”
He said Solmate’s sponsors include Pulsar Group, which places the company to raise Fiat and convert it to crypto more effectively than individual investors.
At operations, Santori said Solmate is working with Rockawayx, whom he called a leader in efforts infrastructure and that Viktor Fischer will join the board.
The plan includes standing up with bare-metal validators in Abu Dhabi to target performance and reliability for efforts, with multiple initiatives to follow.
Santori also made a wider case for the Solana ecosystem.
He said Solana is the “fastest, most used” blockchain and grows faster than comparable networks. He contrasted it with Ethereum by saying that Solana “delivers what Ethereum promised,” and closed the thread with an emphatic “I’m all with it.”
Comments from analysts about the sun’s price
Analyst Rect Capital said Sol has broken a long-term downward downtrend and has now been re-tested about $ 238-lining larger monthly resistance — as support on the weekly chart. He sees a successful gene test as a confirmation that the old ceiling has turned into a floor, which would keep the path open for attempts at new high times.
Trader Kaleo said “$ 1,000+ sun is not a meme” that presents four-figure prices as plausible; He did not specify the timing of the post.
Coindesk Research’s technical analysis
Time window. The analysis covers September 17, 2025, 19:00 UTC to September 18, 2025, 18:00 UTC.
What happened. During this window, sun moved from $ 233.78 to $ 250.59 (about +7.2%)There are about $ 19.72 in total. It tells us that buyers generally had control during this period.
Where buyers showed up. Around 22:00 UTC on September 17, 2025, Price pushed over ~ $ 245 on much heavier trade (~ 2.32 m units). “Heavier trade” means that more coins changed hands than usual.
When the price climbs on greater than normal activity, it is a sign -demanding demand is strong enough to overcome sellers. Then ~ $ 245 began to appear as a floor (support) – Dealers were willing to buy dips there.
Where sellers pushed back. At. 17:00 UTC on September 18, 2025, Price stopped near ~ $ 253.44 on very high trade (~ 2.88 m units). That shows ~ $ 253 is a ceiling (resistance) – Many traders chose to sell or make profits there and absorb purchase orders.
How the window ended. Between 17:56 UTC and 18:55 UTC on September 18, 2025, the price was relieved from $ 251.55 to $ 250.40. The small, orderly dishes after a strong race is typically cool-off or the consolidation market breathing instead of turning the trend.
Levels to look at:
- Floors (support): ~ $ 245 first, ~ $ 238 if ~ $ 245 breaks. Support = areas where buyers have recently entered.
- Ceilings (resistance): ~ $ 252- $ 253 first, then ~ $ 255- $ 260 if the price comes through ~ $ 253. Resistance = areas where sellers have recently pushed back.
The bottom line. Buyers defended ~ $ 245; Sellers closed ~ $ 253. A daily/4-hour close over ~ $ 253 (UTC) would probably invite a push against ~ $ 255- $ 260. A fall under ~ $ 245 would probably bring a check of $ 242- $ 243 and then ~ $ 238.
Analysis of the latest SOL-USD Coindesk-Data Card
24-hour chart (Ending September 18, 19:51 UTC): Area $ 237.01– $ 252.81; Playing over ~ $ 245 with a ceiling ~ $ 252- $ 253. Hold ~ $ 245 and a push through ~ $ 253 would probably target ~ $ 255- $ 260; TAB ~ $ 245 and the path is $ 242- $ 243, then ~ $ 238.
One-month diagram (Ending September 18, 19:52 UTC): Upenet of higher heights/low (approximately $ 179.71 → $ 250.50). $ 238 is Pivot: Above keeps the breakout case clean; Below, it suggests a break against the low $ 230s before another try higher.
