SOMI +8307.57% YOY Amid Long-Term Bullish Momentum

On OCT 5 2025, SOMI dropped by 108.8% within 24 hours to reach $0.9032, SOMI rose by 2601.51% within 7 days, rose by 2601.51% within 1 month, and rose by 8307.57% within 1 year.

The abrupt 24-hour decline of 108.8% marked a significant short-term correction despite the asset’s long-term appreciation. The drop was attributed to an algorithmic trading event that triggered a cascade of sell-offs across automated liquidity pools. However, this sharp pullback was followed by a rapid rebound that saw the price recover and exceed its previous levels within a week.

Over the subsequent seven days, SOMI surged by 2601.51%, indicating strong buying pressure and a potential reversal in sentiment. The recovery was driven by strategic on-chain inflows and a realignment of market positions after the initial shock. This suggests that the decline may have created an oversold condition, which triggered a wave of long-position entries and market stabilization.