THE BLOCK · 2026-11-10 21:51 UTC

Forward Industries grows SOL treasury to 8.7 million as token hits nearly three-month low

Forward Industries added roughly 226,000 SOL through purchases and staking rewards since the end of September, bringing holdings to about 8.7 million SOL, worth roughly $726.5 million. The holdings amount to about 1.5% of Solana's circulating supply, and Forward's closest rival, DeFi Development Corp., holds just over 2.6 million SOL. SOL fell as low as $82, its lowest in almost three months, before recovering to around $83.50, and Forward shares dipped to $5.25, down more than 28% this year.

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