Forward Industries transferred 455,784 Solana (SOL) tokens worth about $31.87 million to Coinbase Prime after 30 days of wallet inactivity, raising speculation about a possible sale. The company has invested roughly $1.59 billion since September 2025 to acquire 6.83 million SOL tokens at an average price of $232.08 each, but the current market value of its holdings is around $458.6 million, reflecting an unrealized loss of nearly $1.13 billion. While the transfer to Coinbase Prime does not confirm an immediate sale, it enables the company to liquidate quickly if desired. Forward Industries has not commented on the move, leaving investors uncertain about its intentions amid significant market losses on its Solana investment.
Kalshi introduced Ethereum perpetual futures on June 4, offering US traders regulated crypto derivatives with no expiration dates and a temporary zero-fee promotion. This follows their Bitcoin perpetual futures launch, marking a significant step in p...
A new Solana governance proposal, SIMD-0550, seeks to double the rate at which the network's inflation decreases, reducing future SOL token emissions by about $1.5 billion at current prices. The proposal would speed up the decline from 15% to 30% ann...
Solana's price fell to a multi-year low around $69.97, down over 6.8% in 24 hours and 18.3% monthly, following a broad crypto sell-off triggered by Bitcoin dropping toward $61,300. This led to $1.6 billion in leveraged liquidations, pushing Solana be...
Crypto markets experienced $1.2 billion in liquidations over 24 hours, driven mainly by Bitcoin and Ethereum long positions being squeezed amid high volatility. Bitcoin liquidations totaled about $778 million, Ethereum $400 million, with altcoins lik...
Solana's price recently dropped sharply, moving into the lower Bollinger Band near $67, signaling strong selling pressure and oversold conditions. Analysts identified a key support range between $58 and $67, suggesting the price may retest this zone ...
