Forward Industries Unveils $1.65B Private Placement for Solana Treasury Strategic, Backed by Cash and Stablecoin

SOL

SOL/USDT

$88.53

+2.64%

$88.53

+2.64%

(24s)

24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short

76.5%

Long: 76.5%Short: 23.5%

Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$88.49

▲ 1.03%

Volume (24h): -

Resistance Levels

Resistance 3$113.8728

Resistance 2$100.5725

Resistance 1$93.5288

Price$88.49

Support 1$87.525

Support 2$81.3658

Support 3$67.50

Pivot (PP):$87.9733

Trend:Downtrend

RSI (14):30.8

COINOTAG reported on September 8 that, according to market sources, Forward Industries, Inc. has announced a $1.65 billion private placement earmarked for the Solana Treasury Strategic initiative.

Sources indicate the placement is being subscribed in a combination of cash and stablecoin, underscoring the transaction’s hybrid funding profile while remaining consistent with institutional settlement practices.

No official filing or closing timeline has been disclosed; market participants await formal documentation for confirmation and regulatory detail before incorporating the development into investment analyses.

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