Overview
- SOMI set a new all‑time high at $1.84 before consolidating near $1.60, with overbought readings pointing to elevated volatility.
- Reported 24‑hour trading volume reached about $898–$906 million as open interest rose roughly 8.8% to $109.9 million and futures turnover increased about 36.7%, according to Coinglass-cited data.
- The Sep. 7 ZNS Connect integration enables .somnia domain minting, smart‑contract deployment, and verifiable on‑chain actions such as a “GM” message.
- The rally follows a recent mainnet debut after a testnet phase that reportedly processed more than 10 billion transactions.
- Adoption signals reported by the companies include over 68,250 .somnia domains and TheResidncy sessions handling 245,000 on‑chain messages from 121,000 fans, with a 22,000 concurrent peak.