Solana Hits Three-Month Low: Largest Publicly Traded SOL Treasury Announces New Purchase Plan

Solana (SOL) fell to $82, its lowest level in roughly three months, as Forward Industries, the largest publicly listed SOL treasury holder, disclosed plans to fund additional token purchases using proceeds from a residential real estate investment. Forward Industries has grown its treasury to 8.7 million SOL, and the new buying plan signals continued corporate accumulation even as the token trades near multi-month lows. The move matters because it tests whether listed treasury vehicles keep absorbing SOL supply during drawdowns, potentially cushioning further declines. Traders will watch whether SOL holds the $82 area and whether Forward Industries confirms the timing and size of its next purchases.