Tech giants Forward Industries and Galaxy Digital are building substantial Solana reserves to drive strategic growth and network activity within the Solana ecosystem. Forward Industries has secured $1.65B, creating the largest-ever Solana corporate treasury. It’s clearly taken from Strategy’s Bitcoin playbook – holding crypto directly on the company’s balance sheet. Alternatively, one of the major crypto investment firms, Galaxy Digital, purchased $326M $SOL to grow $SOL holdings for Multicoin Capital’s institutional fund (SOL DAT). Galaxy Digital still has $1.3B in cash and stablecoins, which could be directed toward acquiring more $SOL, potentially affecting Solana’s short-term price and market liquidity. These large-scale institutional $SOL purchases translate to green candles in the charts for $SOL, prompting investors to seek early opportunities, such as the Snorter Token ($SNORT) p
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