{"id":52972,"date":"2025-10-15T12:31:45","date_gmt":"2025-10-15T12:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52972"},"modified":"2025-10-15T12:31:45","modified_gmt":"2025-10-15T12:31:45","slug":"solmate-buys-50m-sol-at-15-discount-can-solana-recover-amid-tariff-tensions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52972","title":{"rendered":"SolMate Buys $50M SOL at -15% Discount: Can Solana Recover Amid Tariff Tensions?"},"content":{"rendered":"<div>\n<p><span style=\"font-weight: 400\">A discounted $50M Solana buy just collided with fresh tariff jitters, testing whether corporate demand can steady SOL in a risk-off week.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Abu Dhabi\u2013based Solmate Infrastructure (Nasdaq: SLMT) <\/span><a class=\"general-link\" href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/10\/14\/3166282\/0\/en\/Solmate-Infrastructure-SLMT-Makes-Historic-Purchase-of-Discounted-SOL-from-the-Solana-Foundation-as-Cathie-Wood-s-Ark-Invest-Discloses-Significant-Position.html\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">said<\/span><\/a><span style=\"font-weight: 400\"> on Oct. 14 that it purchased $50M worth of SOL directly from the Solana Foundation at a 15% discount.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">We bought the dip.<br \/>Solmate has acquired $50 million of <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$SOL<\/a> from the <a href=\"https:\/\/twitter.com\/SolanaFndn?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@SolanaFndn<\/a> at a 15% discount to the market price.<br \/>This purchase will be used to power our Solana infrastructure in the UAE. <a href=\"https:\/\/t.co\/JwBKCYBdvh\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/JwBKCYBdvh<\/a><\/p>\n<p>\u2014 Solmate (@oursolmate) <a href=\"https:\/\/twitter.com\/oursolmate\/status\/1978091975493521842?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">At the same time, ARK Invest <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/SolanaFloor\/status\/1978101307350077738\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">revealed<\/span><\/a><span style=\"font-weight: 400\"> it holds about an 11.5% stake in Solmate. Both moves arrived as renewed US\u2013China tariff tensions rattled global markets, keeping risk assets under pressure.\u00a0<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f6a8.png\" alt=\"\ud83d\udea8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">JUST IN: Solana treasury company <a href=\"https:\/\/twitter.com\/oursolmate?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@oursolmate<\/a> (NASDAQ: SLMT) has purchased $50M worth of <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$SOL<\/a> from the Solana Foundation at a 15% discount, while Ark Invest has disclosed a new ~11.5% ownership stake in the company.<\/p>\n<p>Solmate recently raised $300M to build its digital asset\u2026 <a href=\"https:\/\/t.co\/2eiERqx3sK\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/2eiERqx3sK<\/a><\/p>\n<p>\u2014 SolanaFloor (@SolanaFloor) <a href=\"https:\/\/twitter.com\/SolanaFloor\/status\/1978101307350077738?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">Over the past day, SOL <\/span><a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">traded<\/span><\/a><span style=\"font-weight: 400\"> between the high $190s and low $200s as traders reacted to shifting headlines.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-296032 size-large\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-1-1-1024x751.png\" alt=\"\" width=\"1024\" height=\"751\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-1-1-1024x751.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-1-1-300x220.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-1-1-768x563.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-1-1-50x37.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-1-1.png 1241w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/solana\" rel=\"nofollow\" target=\"_blank\"><span style=\"font-weight: 400\">Source: Coingecko<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">Solmate described the purchase and ARK\u2019s position in a company statement, presenting the tokens as fuel for its upcoming \u201cbare-metal\u201d Solana infrastructure project in the United Arab Emirates.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The initiative falls under the Foundation\u2019s \u201cSolana By Design\u201d program, aimed at expanding regional infrastructure support.<\/span><\/p>\n<h2><b>Why Is Solana\u2019s Price Holding Steady Around $200 Despite Market Pressure?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">The agreement also gives the Solana Foundation the right to nominate up to two directors to Solmate\u2019s board, deepening their strategic alignment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe bought the dip,\u201d said CEO Marco Santori, noting that the move reflects confidence in Solana\u2019s long-term fundamentals despite near-term volatility.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The purchase comes amid a turbulent macro backdrop.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">New threats of tariffs and export controls, such as restrictions on rare-earth and shipbuilding, have been exchanged between Washington and Beijing, increasing supply-chain and inflation risks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The expansion in the markets was curtailed as investors wanted to be safe.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On Tuesday, the IMF <\/span><a class=\"general-link\" href=\"https:\/\/www.reuters.com\/business\/finance\/imf-warns-rising-odds-disorderly-global-market-correction-2025-10-14\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">issued<\/span><\/a><span style=\"font-weight: 400\"> a statement that the probability of a chaotic correction in the market is rising under the condition of the survival of trade pressures, indicating that the following significant trend in crypto is likely to rely on the development of these tensions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The network recorded a trading volume of $8-$14Bn, and the price action became choppy, after briefly falling below $200 on fresh trade-related anxiety.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in October2025<\/a><\/strong><\/p>\n<h2><b>Solana Price Prediction: Could Solana\u2019s Price Rally Toward $300 or Fall Back to $125?<\/b><\/h2>\n<p><span style=\"font-weight: 400\">According to <\/span><a class=\"general-link\" href=\"https:\/\/defillama.com\/chain\/solana\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">DeFiLlama<\/span><\/a><span style=\"font-weight: 400\">, decentralized exchange (DEX) volume on Solana reached $5.15Bn, marking a 54% weekly rise.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The financial value of stablecoins in circulation on the network amounts to approximately $16.25Bn, of which USDC occupies approximately 74%.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-296034 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-2-1.png\" alt=\"\" width=\"1247\" height=\"741\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-2-1.png 1247w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-2-1-300x178.png 300w\" sizes=\"auto, (max-width: 1247px) 100vw, 1247px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/defillama.com\/chain\/solana\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Source: DefiLlama<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The activity is high, the number of active addresses is about 1.9M, and there are 62.47M transactions within the last day.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The perpetual market run by Solana had completed about $2.48Bn in trades and earned $760,000 as fees and $150,000 as network revenue.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">CoinGlass <\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/SOL\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> indicate that the open interest in the derivatives market has been between $10.4Bn and $10.8Bn, with the futures volume 24 hours to run around $41-$43Bn, indicating that the traders are busy even though the price itself is not hot.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-296037 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-3.png\" alt=\"\" width=\"1257\" height=\"527\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-3.png 1257w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-3-300x126.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-3-1024x429.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-3-768x322.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-3-50x21.png 50w\" sizes=\"auto, (max-width: 1257px) 100vw, 1257px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/SOL\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Source: Coinglass<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">The spot trading was still stable at an average of $3.8-$3.9Bn in major exchanges. The level of venue-based funding was balanced, implying a relatively balanced market that is sensitive to key headlines.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Lark Davis, a prominent crypto analyst, <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/TheCryptoLark\/status\/1978111721043554696\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">posted<\/span><\/a><span style=\"font-weight: 400\"> the chart on X.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$SOL<\/a> is tightening up between key levels.<\/p>\n<p>If it breaks upwards, the Fib 1.618 points toward $300+<\/p>\n<p>If it breaks down, the next possible support levels are at $169 \u2192 $125 \u2192 $95<\/p>\n<p>One clean move from here decides the next major trend. <a href=\"https:\/\/t.co\/z7bDZYxirF\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/z7bDZYxirF<\/a><\/p>\n<p>\u2014 Lark Davis (@TheCryptoLark) <a href=\"https:\/\/twitter.com\/TheCryptoLark\/status\/1978111721043554696?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 14, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400\">SOL was trading between $169 and $195 in a pattern of a symmetrical triangle, a pattern that is commonly observed before a huge breakout.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The upper resistance zone aligns near $195\u2013$200, while key Fibonacci confluence levels sit just above.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-296038 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4.png\" alt=\"\" width=\"1246\" height=\"605\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4.png 1246w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4-300x146.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4-1024x497.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4-768x373.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4-130x63.png 130w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/10\/3-4-50x24.png 50w\" sizes=\"auto, (max-width: 1246px) 100vw, 1246px\"><\/p>\n<p><span style=\"font-weight: 400\">(<\/span><a class=\"general-link\" href=\"https:\/\/x.com\/TheCryptoLark\/status\/1978111721043554696\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400\">Source: X<\/span><\/a><span style=\"font-weight: 400\">)<\/span><\/p>\n<p><span style=\"font-weight: 400\">If Solana breaks above the upper boundary, the next Fibonacci extension (1.618) projects a potential rally toward the $300 region, aligning with Davis\u2019 analysis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, a breakdown below $169 could trigger a deeper correction toward the next support levels at $125 and $95, areas that coincide with previous accumulation zones and psychological demand levels.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Momentum indicators such as RSI appear neutral, reflecting indecision as traders await confirmation of direction.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Trading volume has thinned, reinforcing the likelihood of a breakout soon.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Overall, Solana\u2019s structure suggests an inflection point. A single, decisive move could define whether it resumes its bullish leg or enters a corrective phase.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/solmate-buys-50m-sol-at-15-discount-can-solana-recover-amid-tariff-tensions\/\">SolMate Buys $50M SOL at -15% Discount: Can Solana Recover Amid Tariff Tensions?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A discounted $50M Solana buy just collided with fresh tariff jitters, testing whether corporate demand can steady SOL in a risk-off week. Abu Dhabi\u2013based Solmate Infrastructure (Nasdaq: SLMT) said on Oct. 14 that it purchased $50M worth of SOL directly from the Solana Foundation at a 15% discount.\u00a0 We bought the dip.Solmate has acquired $50 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52972","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52972"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52972\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}