Forward Industries Inc. (FORD) has acquired 6.8 million Solana (SOL) tokens at an average price of $232 per token, for a total of approximately $1.58 billion, according to the company’s statement.
Coinbase is making a major leap in USDC adoption on Solana, establishing it as the standard stablecoin across all major Squads products, boosting next-generation finance built on decentralized technologies.
Last week, Solana surpassed Ethereum in total fees collected for the first time, bringing in $8.6 million compared to its rival’s $8.1 million. Despite having a lower overall activity volume, the growth rate reached 2.1%. The leader in this metric remains the Tron blockchain, with $14.3 million, while Bitcoin network fees rose 8%, staying largely out of mainstream media attention.
Several crypto experts believe that the first exchange-traded funds (ETFs) based on Solana may be approved soon, which could trigger a sharp rise in SOL.
Solana’s rally has slowed. Over the past month, SOL gained more than 22%, but it has lost nearly 6% in the past seven days.
For the first time since February 2025, Solana (SOL) has surged past the $200 mark after an impressive 26% daily gain. The altcoin's market capitalization has surpassed $14.26 billion.
The price of Solana (SOL) cryptocurrency has increased by nearly 7% over the past 24 hours, surpassing the $190 mark for the first time since February 16, 2025.
Sharia Earn allows users to stake BNB, ETH, and SOL. The product is certified by Amanie Advisors, Shariah consultants, and operates on a wakala (trust-based investment) model for digital asset management.
The company announced plans to raise between $200 million and $300 million to build up a reserve of Solana (SOL) tokens. The decision to stop mining Bitcoin was explained as a “strategic move to adapt to a changing market and ensure long-term returns for shareholders.”
Most altcoins jumped on Thursday amid optimism over Bitcoin’s new record high.
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