Solana Gains as Forward Industries Launches $1.65B Treasury With Galaxy and Jump
- Forward Industries raised $1.65B to build a dedicated Solana treasury.
- Galaxy, Jump, Multicoin led $300M in backing, joined by major funds.
- SOL traded at $238 with volume up 53%, eyeing $250–$270 resistance.
Solana (SOL) gained nearly 16% in the past week after Nasdaq-listed Forward Industries announced a $1.65 billion financing round to build a dedicated Solana treasury. SOL traded above $238, according to CoinMarketCap, while trading volume climbed 53.49% to $12.89 billion.
Forward Industries Raises $1.65B Solana Treasury
Forward confirmed the financing will support direct SOL purchases, working capital, and other digital asset-related expenses. The announcement marked one of the largest single treasury commitments in the Solana ecosystem to date.
Related: SEC October Window Nears as DTCC Shows Solana, XRP, and HBAR ETFs
Galaxy Digital, Jump Crypto, M…
Read The Full Article Solana Gains as Forward Industries Launches $1.65B Treasury With Galaxy and Jump On Coin Edition.
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Solana Gains as Forward Industries Launches $1.65B Treasury With Galaxy and Jump
- Forward Industries raised $1.65B to build a dedicated Solana treasury.
- Galaxy, Jump, Multicoin led $300M in backing, joined by major funds.
- SOL traded at $238 with volume up 53%, eyeing $250–$270 resistance.
Solana (SOL) gained nearly 16% in the past week after Nasdaq-listed Forward Industries announced a $1.65 billion financing round to build a dedicated Solana treasury. SOL traded above $238, according to CoinMarketCap, while trading volume climbed 53.49% to $12.89 billion.
Forward Industries Raises $1.65B Solana Treasury
Forward confirmed the financing will support direct SOL purchases, working capital, and other digital asset-related expenses. The announcement marked one of the largest single treasury commitments in the Solana ecosystem to date.
Related: SEC October Window Nears as DTCC Shows Solana, XRP, and HBAR ETFs
Galaxy Digital, Jump Crypto, M…
Read The Full Article Solana Gains as Forward Industries Launches $1.65B Treasury With Galaxy and Jump On Coin Edition.
Read More