Analyst Predicts $1,250 Solana Surge as Galaxy Digital and Forward Industries Accelerate Accumulation
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Solana price nears $250 with Galaxy Digital adding $306M and Forward Industries launching a $1.58B treasury, boosting institutional demand. Solana (SOL) has gained considerable attention in the market as institutional investors, including Galaxy Digital and Forward Industries, increase their holdings. Analysts are now projecting a potential surge in Solana’s price, with a target of […]
Solana (SOL) is experiencing substantial on-chain activity. According to data reported today by market analyst Lookonchain, digital asset investment firm Galaxy Digital deposited 250,000 SOL tokens worth $51.69 million to Binance. Galaxy’s move to transfer such massive SOL tokens from its cold wallet to the Binance exchange has raised curiosity…
Forward Industries (FORD), a Nasdaq-listed design firm, has recently announced a $4 billion at-the-market (ATM) equity offering program. In a press statement, the company said it has filed this proposal with the U.S. Securities and Exchange Commission (SEC). This marks another major step in Forward Industries’ move to build one…
As Solana (SOL) taps the $225 barrier, Bitwise’s CIO forecasted that a bullish Q4 rally might be brewing for the altcoin if it follows Bitcoin (BTC) and Ethereum’s (ETH) recipe. Solana To Follow BTC, ETH’s Recipe? On Tuesday, Matt Hougan, CIO at Bitwise, affirmed in a new memo to clients…