Forward Industries (FORD) is one of many companies making the pivot toward a SOL treasury strategy, fuelling a growing number of bullish Solana price predictions.
The medical manufacturing company is set to become the largest Solana public treasury, with $1.65 billion in funding from Galaxy Digital, Jump Crypto, and Multicoin Capital to accumulate the altcoin.
The current leader, Upexi Inc. (UPXI), holds just over $1 billion in SOL.
Forward Industries aims to generate differentiated onchain returns and build long-term shareholder value through active participation in the Solana ecosystem.
As spot ETFs wait for SEC approval, FORD could serve as a bridge for traditional markets seeking exposure to SOL.
The move underscores a broader corporate shift, with non-financial firms increasingly adding crypto to their public treasuries, positioning SOL for deeper adoption as digital assets enter mainstream balance sheets.
Something which could accelerate in the coming weeks with the U.S. CLARITY Act, which stands to unlock sidelined capital from institutions waiting on regulatory clarity.
Solana Price Prediction: Can Solana 10x on Institutional Demand?
Solana teeters on the edge of a breakout as a confluence zone pushes SOL closer to escaping a rising wedge pattern that has held since the mid-April market bottom.
A support trendline forming throughout August now retests the upper boundary of the pattern in a potential breakout setup.
This comes as momentum indicators flip decidedly bullish. The RSI has found a stronger footing above the neutral line, reaching 60, confirming strong buy pressure driving the move.
The MACD has also formed a golden cross, surpassing the signal line after hovering indecisively above and below the signal line over the past week.
If this one lasts, it could confirm the start of a longer-term uptrend. With it, a breakout could propel Solana to retest its early-year all-time high near $300.
With this level reclaimed as support, the door opens for new price discovery with little historical support to limit upside, setting sights on the patterns projected $400 target for an 85% gain.
As the bull market matures, momentum could carry further. Greater TradFi demand from potential Solana ETF approval in October could push the Solana price to $1,000, marking a 380% gain.
However, a 10x gain from here to $2,100 is a more likely long-term target with continued institutional adoption.
The Biggest Solana Opportunities Lie in Its Ecosystem – Here’s How to Find Them
With up to 75 bsp of U.S. interest rate cuts expected before year-end, the altcoin market is in for an even stronger run as capital rotates into riskier plays.
Sure, the Solana price could climb 4x. But the true breakout gains are coming from the low-cap meme coins in its ecosystem, delivering 10x–1000x returns.
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