SOMI experiences a 24-hour surge of +3117.86% during an unstable rebound

On September 13, 2025, SOMI experienced an extraordinary 3117.86% jump in just 24 hours, reaching a value of $1.2738—a dramatic short-term surge. Although the token saw a loss of 1129.96% over the previous week, it staged an impressive recovery, climbing 16171.68% over the last month and matching that percentage increase for the year so far. This extreme volatility highlights intense market speculation and growing enthusiasm, even as the core fundamentals of the project have not shown significant changes.

Analysis of technical signals reveals SOMI has entered overbought levels: its RSI is now above 70, and the MACD indicator has shifted upward past the signal line. While these developments can indicate a market that is temporarily overextended, they may also point to robust bullish sentiment. On-chain data reveals rising wallet activity and a substantial increase in the number of unique holders, indicating that SOMI is attracting broader participation beyond pure speculation.

This remarkable price movement has caught the eye of both traders and analysts, with some attributing it to SOMI’s history of high volatility. There were no major announcements or project updates during this period, suggesting that the dramatic price action is driven largely by shifts in market sentiment and liquidity. Experts suggest that if positive momentum continues, the uptrend could persist in the near term, but they also warn that overbought conditions may soon lead to a correction.