$1B buyback program
Forward Industries’ announcement of a $1 billion share repurchase program and its 6.9 million $SOL holdings did not elevate Solana’s trading price. Currently, Solana is priced at $127.72. Despite the buyback initiative, technical indicators suggest that the cryptocurrency is experiencing ongoing downside pressure. Analysts are observing that the market sentiment surrounding Solana remains weak, which may be contributing to the lack of price movement. The buyback program, while substantial, has not had the desired effect on investor confidence or market performance.
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Last updated on November 22nd, 2025 at 02:42 am
