Solana Price Soars as Galaxy Digital Facilitates $1.65B Deal

Solana’s price has surged past the $226 mark, breaking a new all-time high following a major institutional acquisition. Galaxy Digital facilitated a $1.65 billion Solana (SOL) investment for Forward Industries through a private placement. This deal saw significant capital transfers, with over $326 million in SOL leaving exchanges within the last 14 hours. The movement includes large-scale transfers of USDC and USDT across major exchanges like Binance and Bybit, suggesting coordinated institutional buying efforts.