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Forward Industries invests in OnRe; MoonPay buys DFlow as Solana shows bullish momentum.

Market News
06 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Forward Industries made a strategic investment in OnRe, an on-chain reinsurance provider on Solana, co-leading a $5 million Series A round and planning up to $25 million investment in OnRe's yield-bearing token ONyc. Meanwhile, MoonPay acquired DFlow, a Solana trading platform, for $100 million in stock. Solana's price rose 5.43% to $89.50, and Forward Industries' stock surged 5.79%, signaling strong market confidence. Despite a drop in active Solana addresses, sentiment is high and institutional demand is pushing Solana's real-world asset value, indicating potential for a market breakthrough soon.

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