Forward Industries increased its Solana (SOL) holdings to about 8.7 million tokens, worth roughly $726.5 million, adding over 226,000 SOL since October through purchases and staking rewards. The company secured a two-year, $50 million credit line backed by staked SOL, allowing it to keep earning staking rewards while using the tokens as collateral. Forward also committed up to $50 million to USHP, a tokenized U.S. home-price index product, aiming to generate dollar income from housing to reinvest in SOL. Despite SOL's price dip to a three-month low, Forward continues its strategy to build a strong Solana treasury and expand its investment portfolio.
Forward Industries' Solana holdings total about 8.7 million tokens, valued near $726.5 million, with a recent $50 million credit line secured against staked SOL. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Nov 11, 2026 23:02 WIB: out of 50 priced cryptos, 35 rose and 14 fell. Notable movers include XLM at Rp2.739 (+6.49%) with a typical hold time of 85 days and a 71% buy order activity, AVAX at Rp155.476 (+4.99%) with 62% sell orders, and UNI at Rp118.217 (-4.19%) with an 86% buy order activity.
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