Solana Treasury Firm Dumps 455,784 SOL as Holdings Fall 71.2%
Solana is back in focus after Forward Industries moved 455,784 SOL worth $31.87 million to Coinbase Prime. The transfer comes as the company’s large bet on the token faces heavy losses, with the value of its holdings now far below the amount spent to acquire them. Solana treasury company Forward Industries has moved 455,784 SOL to Coinbase Prime after roughly a month without any major wallet activity. The transfer, valued at about $31.87 million, was flagged by blockchain tracking platform Lookonchain.