He added:
“Today’s purchase marks a significant milestone as Forward Industries begins executing its differentiated Solana treasury strategy, built to benefit from one of the fastest growing and most profitable blockchain networks.”
Notably, several on-chain analysis platforms, including Lookonchain, had reported that the asset management firm Galaxy Digital had gone on a five-day buying spree of 6.5 million SOL tokens for $1.5 billion.
The company also highlighted one particular transaction: a $1 million trade executed via DFlow, a Solana-based decentralized exchange aggregator.
That deal, it said, represents the first of many expected on-chain deployments, demonstrating its flexibility to operate across multiple venues rather than rely solely on traditional markets.
