Content Writer
Harvey Hunter
Content Writer
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SOL may have received its strongest corporate vote of confidence yet, with Forward Industries (FWDI) now betting almost $908 million on bullish Solana price predictions.
The new year has seen fresh capital rotation into altcoins, and SOL is once again proving its worth at TradFi play of choice with fresh institutional demand.
In its latest press release, the Nasdaq-listed company revealed that its treasury holdings have grown by 60,000 SOL since mid-December, now totalling over 6.97 million SOL.
The report also sheds light on the contribution of Solana-native yield opportunities, crediting 133,450 SOL to staking rewards on existing holdings.
Staking isn’t the limit of their on-chain activity. Forward Industries also noted a corporate milestone, as the first publicly traded company to offer its shares directly on-chain.
This commitment to expanding its Solana-based operations stands as a testament to its infrastructure as the bridge between TradFi and DeFi, as well as its price potential this cycle.
Solana Price Prediction: The Setup FWDI Could Be Betting On
The choice to accumulate here could be credited to a year-long descending triangle continuation pattern as it approaches its $120 launchpad level.
The 2-year demand zone forming the base of the pattern is being retested again, and with it, there is historical precedent that Solana stands to see another jump higher.
Momentum indicators support the bullish case. While the RSI has slipped just below the neutral 50 level, the broader uptrend it has established points to an imminent bounce.
The recent MACD death cross could prove short-lived, reflecting consolidation rather than a broader trend reversal.
With a bounce from $120, focus shifts to the level that has capped upside since September at $145. From there, the key breakout threshold sits at $210.
And with that level confirmed as support, a breakout push eyes past all-time highs at $300 for a 300% push into new price discovery targeting $500.
However, as Solana permeates deeper into the mainstream TradFi markets and infrastructure, fresh liquidity and use cases could send the altcoin much higher, eying a 680% move to $1,000.
Bitcoin Hyper: Solana Could Be the Wrong Bet
Those who chose Solana over the leading cryptocurrency may soon need to reconsider, as the Bitcoin ecosystem finally tackles its biggest limitation: scalability.
Bitcoin Hyper ($HYPER) is bridging Bitcoin’s security with Solana tech, creating a new Layer-2 network that unlocks scalable, efficient use cases Bitcoin couldn’t support on its own.
Whatever Solana can do, Bitcoin can now do – top-performing narratives like DeFi and real-world assets could be Bitcoin’s for the taking.
The project has already raised almost $31 million in presale, and post-launch, even a small fraction of Bitcoin’s massive trading volume could send its valuation significantly higher.
Bitcoin Hyper is fixing the slow transactions, high fees, and limited programmability that have long capped Bitcoin’s potential – just as the market turns bullish.
Visit the Official Bitcoin Hyper Website Here
