SOMI Experiences a 1934.78% Surge in 24 Hours Fueled by Robust Market Trends

On September 16, 2025, SOMI experienced a remarkable spike, jumping 1934.78% in just 24 hours and reaching a price of $1.4304. This sharp increase quickly drew market-wide attention. Over the previous week, the token soared by 3973.7%, and its value expanded by 17,668.84% across the past month and year, underscoring a robust and persistent upward trend. These statistics point to a shift in investor attitudes and hint at the potential for ongoing bullish momentum in the long term.

The extraordinary rise in SOMI’s value has been linked to heightened on-chain transactions and optimistic market sentiment. Observers have reported a significant boost in trading activity and the creation of new liquidity pools, both of which seem to have contributed to the swift price escalation. Although the project team has not released any formal updates about new products or key partnerships, the overwhelmingly positive reaction from the market shows strong involvement from both the community and investors.

Technical analysis further supports this positive outlook. The Relative Strength Index (RSI) indicates that SOMI is currently overbought, but the price has yet to see a substantial pullback, reflecting persistent buying interest. Similarly, the Moving Average Convergence Divergence (MACD) has produced a solid bullish crossover, lending more weight to the upward momentum. Typically, such signals are taken by technical traders as evidence of a sustained rally and the likelihood of continued price gains.

Backtest Hypothesis

To assess whether SOMI’s current rally can be sustained, a backtesting

has been suggested, making use of the prominent technical signals present at this time. The method aims to replicate a trading strategy built on the recent RSI and MACD crossovers, applying specific entry and exit criteria to take advantage of trending markets during major upward moves such as SOMI’s ongoing surge.

The primary rule of the backtest is to enter a long trade when both the RSI and MACD reinforce the ongoing bullish trend, setting a stop-loss just beneath the most recent swing low. Trades are exited if either indicator diverges from the trend or if the price drops below a predetermined moving average. This tactic is intended to benefit from the current momentum while also limiting potential losses through disciplined exit points.