Somnia(SOMI)riding high and hitting new highs: due to the collaboration with ZNS Connect, there has been a big pump, and the rising momentum can still be sustained.

After announcing a significant partnership with ZNS Connect, riding the wave of positive sentiment, the price of Somnia (SOMI) has risen nearly 40% in the past 24 hours. The Token once soared from a daily low of $1.04 to an all-time high (ATH) of $1.84, before slightly retreating, but still maintains strong momentum. The surge in volume and the bullish sentiment in the derivation market further confirm that this rise may have sustainability.

Somnia price rises due to collaboration with ZNS Connect

The recent rise occurred after the announcement on September 7 that Somnia established an important partnership with ZNS Connect. Through this collaboration, Somnia's high-performance Layer 1 blockchain and metaverse ecosystem will be integrated with ZNS Connect's decentralized identity and domain name protocol.

Thanks to this integration, users can now deploy smart contracts, mint .somnia domain names, and even perform verifiable on-chain actions on Somnia, such as "saying GM on-chain." These features are designed to create a seamless digital identity system by merging domain services, utility, and blockchain-native interactions.

Such collaborations often rekindle speculation and community interest, especially in the context of the growing narrative around Web3 identities. Data shows that the adoption rate of Somnia is increasing, with the minting volume of .somnia domain names rising from 45,000 in May 2025 to over 68,250 in September. This collaboration with ZNS Connect, combined with previous integrations with BitGo and LayerZero (ZRO), has collectively improved market sentiment towards Somnia.

Somnia Price Technical Analysis

The price chart of Somnia shows a strong upward trend supported by an increase in volume. The price of the Token surged above the middle line, then encountered resistance around $1.84. SOMI is currently consolidating around $1.60, near the 20-day simple moving average (SMA) middle line, with its Bollinger Bands' upper and lower limits at $1.94 and $1.02, respectively. This wider range indicates higher volatility.

The Relative Strength Index (RSI) recently surpassed 72 at its peak, indicating that the market is in an overbought condition. Since then, the index has retreated to 62.9, showing some easing but still remaining at a high level. This suggests the possibility of consolidation following a sharp rise.

If SOMI can maintain above the support zone of $1.48, it is very likely to test the historical high of $1.84 again. In the short term, breaking through this resistance level may pave the way for a push towards $2.00. If it fails to hold the mid-support level of $1.48, the price may drop to $1.26, and if momentum weakens sharply, there is even a downside risk of falling towards $1.02.

Conclusion

Somnia's recent price performance is a typical case of the interaction between its technological development and market sentiment. The collaboration with ZNS Connect has not only injected new vitality into the project but also provided substantial support for Somnia's role in the Web3 identity space. On the technical side, the surge in trading volume and the optimistic sentiment in the derivation market provide a solid foundation for the current pump, but the overbought signal from the relative strength index also reminds investors that there may be consolidation or slight pullbacks in the short term. In the future, Somnia's price trends will depend on its ability to effectively leverage the momentum brought by this collaboration and successfully break through key technical resistance levels.

SOMI-29.19%
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