{"id":16507,"date":"2025-09-09T14:12:04","date_gmt":"2025-09-09T14:12:04","guid":{"rendered":"https:\/\/icobench.com\/?p=16507"},"modified":"2025-09-09T14:12:04","modified_gmt":"2025-09-09T14:12:04","slug":"solana-price-prediction-forward-industries-to-raise-1-65-billion-for-solana-treasury","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/solana-price-prediction-forward-industries-to-raise-1-65-billion-for-solana-treasury\/","title":{"rendered":"Solana Price Prediction: Forward Industries to Raise $1.65 Billion for Solana Treasury"},"content":{"rendered":"

Solana price prediction<\/b> is trending as crypto investors expect a breakout to an all-time high in the next few months. The bullish view on Solana price is in line with the recent news about Forward Industries<\/a>, a 60-year-old design and manufacturing company, raising $1.65 billion for its Solana treasury.<\/p>\n

Forward Industries\u2019 transition to crypto highlights a significant move towards digital asset adoption. According to data from The Block<\/a>, the cumulative SOL holdings by public companies have increased dramatically from $173,000 at the start of 2025 to $4.67 million currently.<\/p>\n

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This data clearly highlights the exponential rate of increase in institutional adoption of SOL as an asset with long-term investment potential.<\/p>\n

As Solana grows with rising confidence from large-scale investment firms, Wall Street Pepe<\/a>, a trending meme coin project on Ethereum, is shifting to the Solana network to take advantage of the bullish environment.<\/p>\n

Meme coin investors are flocking to acquire the WEPE token while it is still undervalued, aiming to capture multi-bagger returns by the time its transition from ETH to SOL is complete. Let\u2019s see the Solana price predictions and why Wall Street Pepe is becoming the preferred meme for degens.<\/p>\n

Forward Industries Announces Commitment to Solana Treasury<\/span><\/h2>\n

The design firm, listed under the ticker FORD on NASDAQ, has announced that it has raised $1.65 billion in stablecoins and cash for a PIPE offering led by Galaxy Digital, Jump Crypto, and Multicoin Capital.<\/p>\n

CEO Michael Pruitt<\/a> said, \u201cOur strategy to build an active Solana treasury program underscores our conviction in the long-term potential of SOL and our commitment to building shareholder value by directly participating in its growth.\u201d<\/p>\n

Multicoin was Solana\u2019s leading seed investor and continues to back the project with ecosystem investment. After the private placement, the co-founder of Multicoin Capital, Kyle Samani<\/a>, is going to be the chairman of Forward\u2019s board of directors.<\/p>\n

Solana Price Prediction: Will SOL Breakout to $300?<\/span><\/h2>\n

The Solana price<\/a> has been in an uptrend since the low point of $95 in April, and has gained over 125% in just the past five months. Over the past few weeks, SOL has been consolidated after reclaiming the $200 psychological level.<\/p>\n

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Image Courtesy: TradingView<\/em><\/p>\n

Solana is currently trading at $218, just 26% below its all-time high of $294, and is eyeing a breakout from the immediate resistance at $219.<\/p>\n

Last week, the Solana validator community approved<\/a> the activation of the network\u2019s biggest upgrade, SIMD-0326: Alpenglow. This upgrade will modify the way Solana validates transactions, eliminating the need for proof of history (PoH) and TowerBFT, and reducing validation time to under 150 ms.<\/p>\n

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The community governance process for SIMD-0326: Alpenglow is complete. The proposal has passed:
98.27% voted Yes
1.05% voted No
0.69% voted Abstain
52% of stake cast a vote<\/p>\n

\u2014 Solana Status (@SolanaStatus) September 2, 2025<\/a><\/p><\/blockquote>\n