Overview

• Galaxy Digital executed a reported $306 million single-day Solana purchase of about 1.2 million SOL, then moved the tokens to Fireblocks custody.
• Over five days, Galaxy accumulated more than 6.5 million SOL, with trackers flagging roughly $680 million routed to Galaxy-linked wallets and about $300 million deployed to buy SOL.
• Forward Industries completed a $1.65 billion private placement and now holds roughly $1.3 billion in reserves split between cash and stablecoins to support long-term Solana exposure.
• Coverage ties institutional buying and reduced exchange supply to a near-term $250 price target for SOL, with reporting also citing rising network TVL around $12 billion.
• Retail-focused articles promote MAGACOIN FINANCE as a speculative altcoin, including a Coindoo piece labeled as sponsored, with limited independent verification of the project’s claims.