Forward Industries Launches $4 Billion Program, Analysts Predict SOL to Reach $500!

Updated

September 18, 2025

Gambar Forward Industries Launches $4 Billion Program, Analysts Predict SOL to Reach $500!

Jakarta, Pintu News – Forward Industries recently announced a $4 billion capital program to increase their stake in Solana . This strategic move comes as analysts predict a potential upside to Solana’s (SOL) price of up to $500. The program includes the sale of shares in the market and will be used to strengthen working capital as well as investment in revenue-generating assets.

Solana Ownership Enhancement Program (SOL)

Forward Industries has registered a $4 billion on-market equity offering (ATM) program with the US Securities and Exchange Commission (SEC). The program allows the company to issue and sell shares flexibly.

The funds raised will be used to increase working capital, purchase revenue-generating assets, and most importantly, buy more Solana (SOL). Kyle Samani, Chairman of Forward Industries, described the program as a “flexible and efficient mechanism” to expand the company’s long-term strategy.

Solana (SOL) Price Prediction Reaches $500

A massive cup and handle pattern is about to play out on the Solana $SOL chart. Setting the stage for a potential run toward the $500 target. pic.twitter.com/lxhGgnRNYQ
— 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) September 16, 2025

Kamran Asghar, a crypto analyst, recently highlighted a “cup and handle” chart formation on the Solana (SOL) chart, which is often associated with significant price increases. According to Asghar, the volume profile shows strong accumulation, and if the price can break above $300, it could soon surge towards $500.

Currently, the price of Solana (SOL) is around $235, after having touched a high of around $250. Despite short-term fluctuations, Solana (SOL) is showing strength. Analysts have also identified resistance between $270 and $300. If the price can break out of this range, it will signal a strong bullish trend.

Also read: Tuttle Capital Launches Crypto ETF, Focusing on BONK, SUI, and LTC!

Adoption and Growth of the Solana Ecosystem (SOL)

Despite periodic sales from FTX Estate, market sentiment towards Solana (SOL) remains bullish. Since November 2023, FTX Estate has sold nearly nine million tokens. However, institutional buyers have absorbed this supply without disrupting the token’s upward trajectory.

It is also important to note that Solana’s Total Value Locked (TVL) has reached a record high of $13 billion, driven by increasing adoption in the DeFi and NFT markets. The network now processes over six billion transactions annually, signaling significant growth in adoption and usage.

Conclusion

Forward Industries’ initiative to increase its stake in Solana (SOL) through a $4 billion capital program shows great confidence in the blockchain’s potential. With technical analysis supporting its price rise and growing adoption, the future of Solana (SOL) looks bright. Investors and market watchers will be eagerly awaiting further developments.

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