Forward Industries’ Solana Gamble Crashes as SOL Transfer Sparks Fear

Ripple-backed SBI Holdings has expanded its role in Solana’s institutional ecosystem after its crypto subsidiary secured responsibility for managing the SOL treasury operations of Tokyo-listed WIZE. According to an announcement from SBI VC Trade, the company will oversee the trading,…

Crypto ETF flows turned more constructive on Thursday, June 4, as bitcoin and ether funds snapped long outflow streaks with fresh inflows. HYPE ETFs extended their own winning run, while XRP returned to positive territory, and solana saw only a minor exit. HYPE ETFs Extend Winning Streak to 16 Days With $12M in Fresh Inflows […]

Forward Industries' asset shift highlights the volatility and strategic challenges faced by firms heavily invested in digital currencies. The post Forward Industries moves $32M in Solana to exchange after nursing nine-figure losses appeared first on Crypto Briefing.

Forward Industries deposited 1.44M SOL worth $201.34M into Coinbase Prime. Forward Industries is the world’s largest corporate holder of Solana treasury. The move pressures Solana’s liquidity amid its 29% monthly price decline. Forward Industries kind of shook the crypto market after moving a staggering amount of digital assets to a prominent exchange.  The shock transfer […] The post $32M SOL Transfer to Coinbase Sparks Questions Around Forward Industries appeared first on Live Bitcoin News.

Forward Industries moved $31.9 million in SOL to Coinbase Prime as its Solana bet sits over 70% underwater, underscoring growing strain on corporate crypto treasuries.

Forward Industries, the largest corporate holder of SOL, has moved 455,784 SOL worth about $31.87 million to Coinbase Prime, its first major transfer in a month, all while sitting roughly $1.13 billion underwater on the position. A $32 Million Transfer Reignites Sell-off Fears Forward Industries, the Nasdaq-listed firm that built the largest corporate SOL treasury, […]

Solana Mini-Halving: What SIMD-0550's 50% Emission Cut Means The post Solana Just Proposed Cutting $1.5 Billion in Token Emissions in Half the Time, Is This the Supply Shock SOL Needs? appeared first on 99Bitcoins.

Forward Industries has transferred 455,784 SOL worth about $31.87 million to Coinbase Prime, drawing attention to the treasury strategy of the world’s largest corporate holder of Solana. According to blockchain analytics platform Lookonchain, the transfer occurred after roughly one month…