Solana Jumps Above $240, Hitting Highest Price Since January

by shayaan
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In short

  • Solana rose by 5.5% and hit $ 241 and reached the highest level since the end of January in the midst of a growing institutional interest.
  • Forward industries insured a $ 1.65 billion piping deal under the leadership of Galaxy Digital, Jump Crypto and Multicoin Capital, with a boosting of SOL -momentum.
  • Bit Mining adds 17,221 Sol to Treasury As the prediction market traders grow with 89% confident Sol will reach $ 250 for $ 130.

Solana Strength on Friday 5.5% and reached a daily peak above $ 241 – the highest price that has been seen since the end of January, because Sol gets a bullish boost of institutional importance.

Forward Industries, a design agency traded by Nasdaq that serves medical and technology companies, announced earlier this week that it had in -private

The company, which acts at the Nasdaqcm -grant under the Ford Ticker, saw its prize hit $ 46 on Friday. But at the time of writing it fell back to $ 37.72. Despite the withdrawal, it is still 9.41% higher than yesterday.

Solana climbed above $ 215 when the blow deal was announced at the start of the week, but it has been reached even higher in the 24 hours since the deal closed. At the moment, Solana is still 18% shy of the $ 293.31 of all time that it set up in January, according to Crypto Price Aggregator Coeningecko.

With the latest price movement, users on Myriad, a prediction market that is owned by Decrypt The parent company Dastan has become increasingly certain that Sol will continue to climb. In the past week, users who think that Solana will rise to $ 250 earlier than it can fall to $ 130, risen from 66% to 89%, from this letter.

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The price of the token has also been increased by the news that Bit Mining, which intends to change his New York Stock Exchange Ticker to Solai, has, has Added 17,221 Sol To his treasury. In July, the company saw its shares, which are currently being traded under the BTBT -Ticker, to more than $ 5 per share after the Akron company, Ohio said it would start building a Solana Treasury.

At the time of writing, BTBT acts for around $ 3 per share after he has won 1.9% on the day.

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