Forward Industries, Galaxy Digital Ignite Solana Boom—Is Snorter Token Next to Skyrocket?

Source Newsbtc

Tech giants Forward Industries and Galaxy Digital are building substantial Solana reserves to drive strategic growth and network activity within the Solana ecosystem.

Forward Industries has secured $1.65B, creating the largest-ever Solana corporate treasury. It’s clearly taken from Strategy’s Bitcoin playbook – holding crypto directly on the company’s balance sheet.

Alternatively, one of the major crypto investment firms, Galaxy Digital, purchased $326M $SOL to grow $SOL holdings for Multicoin Capital’s institutional fund (SOL DAT).

Galaxy Digital still has $1.3B in cash and stablecoins, which could be directed toward acquiring more $SOL, potentially affecting Solana’s short-term price and market liquidity.

These large-scale institutional $SOL purchases translate to green candles in the charts for $SOL, prompting investors to seek early opportunities, such as the Snorter Token ($SNORT) presale, which plans to release the fastest and cheapest Solana trading bot.

$SOL Breaks $238 With 21% Monthly Surge—Institutional Buyers Drive Unstoppable Momentum

Solana’s current price is at $238, a 7% increase in the last 24 hours that reflects strong investor confidence and surging demand.

Besides, Solana’s steady rise in the last week (+%15) highlights sustained buying pressure and continued hype among institutional and retail investors for Solana-focused projects.

As a result, $SOL monthly gains have been even more pronounced at roughly 20%, suggesting a broader bullish trend.

Our experts identified a bullish pennant in $SOL’s charts, creating hype after breaking key resistance between $212 and $230. This momentum positions $SOL to rally toward all-time highs of $300 soon, a 28% increase from current prices.

$SOL market performance chart pattern - A bullish pennant

With Solana ready for a race up, it’s reasonable to expect $SOL-based top altcoins to follow along.

Emerging as the ‘next big thing’ in the Solana network, Snorter Token is turning heads with its trading bot, capitalizing on the network’s bullish trajectory.

Solana’s Bull Run Sparks FOMO—Is Snorter Token the Next Explosive Presale Opportunity?

Snorter Token ($SNORT) aims to create a Telegram-native trading suite that powers the Snorter Bot, a trading partner that can snipe tokens automatically, offer fast & secure swaps, and copy trading functionalities.

Other features include:

  • Honeypot detection and rugpull protection
  • Limit orders for locking in profits and scheduling buys
  • Lowest fees among all Solana trading bots (0.85%)
  • Fastest transaction execution on Solana
  • Front-running & MEV protection

Read more about Snorter Token’s utility in our guide – we go over everything you need to know!

This token will launch on Solana first but is expanding across Ethereum, BNB Chain, and other EVM networks in the future.

This means you’ll get quick and easy trading assistance on several of the biggest blockchains. No more will you be outraced by whales – Snorter Bot detects liquidity almost instantly and can trade the freshest tokens in an instant.

 $SNORT utility on the official presale site.The Snorter Token presale has raised over $3.8M as whales rush to join before the next price increase at $4.3M.

Launched at $0.0935 per token, $SNORT is now $0.1041, delivering an impressive 11.3% ROI for early adopters by simply HODLing. The gains are projected to reach 12.6% by the final presale stage at $0.1053.

Plus, our Snorter Token price prediction forecasts a potential $1.02 price by the end of the year. For instance, buying $500 worth $SNORT now could turn to $4,900 by the year’s end.

As an early backer, you have the first-mover advantage. 300M of the total 500M $SNORT tokens will be sold during presale, positioning you to benefit from $SNORT’s scarcity-driven model.

Staking is also very attractive at 120% APY – you can potentially double your holdings within the first year, maximizing returns from both presale investments and staking rewards.

To buy Snorter Token, visit the official presale page, connect your wallet, and select the number of tokens you want to buy.

Like several other successful Solana-centric projects, $SNORT is riding the bullish wave that has lifted $SOL above $235. Snorter Token’s dual reward structure, combined with Solana’s broader growth trajectory, positions $SNORT as a lucrative presale opportunity.

The subsequent Snorter token price rise is tomorrow. To potentially see double-digit ROI before launch, join the Snorter Token presale today.

This is not financial advice. The cryptocurrency market is highly volatile and speculative. Always conduct your own research before making any investment decisions.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/solana-treasury-race-forward-industries-1-65b-snorter-token-10x-soon

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
OpenAI Introduces Lowest-Cost ChatGPT Subscription in India with UPI Payment OptionOn Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
Author  Mitrade
Aug 19, Tue
On Tuesday, OpenAI introduced ChatGPT Go, its most affordable AI subscription tier, targeting the price-sensitive Indian market. Nick Turley, OpenAI’s Vice President and Head of ChatGPT, announced the launch via an X post, highlighting that users can pay through India’s Unified Payments Interface (UPI).
placeholder
ANZ Raises Gold Price Forecast to $3,800/Oz, Predicts Rally to Continue Through 2026Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
Author  Mitrade
Sept 10, Wed
Gold is expected to continue its upward momentum throughout 2025 and into early 2026, driven by ongoing geopolitical tensions, macroeconomic challenges, and market anticipation of U.S. monetary easing, according to analysts from ANZ in a research note released Wednesday.
placeholder
Barclays Boosts S&P 500 Outlook Amid Strong AI-Driven EarningsBarclays has increased its earnings and price projections for the S&P 500 through 2025 and 2026, attributing the upgrade to stronger-than-anticipated corporate results in the first half of the year and a robust earnings landscape despite trade tensions and labor challenges.
Author  Mitrade
Sept 10, Wed
Barclays has increased its earnings and price projections for the S&P 500 through 2025 and 2026, attributing the upgrade to stronger-than-anticipated corporate results in the first half of the year and a robust earnings landscape despite trade tensions and labor challenges.
placeholder
Dollar Holds Steady Amid Inflation Data and Central Bank WatchThe U.S. dollar steadied in early Asian trading on Thursday following an unexpected 0.1% decline in the Producer Price Index (PPI) for final demand in August, as reported by the Labor Department’s Bureau of Labor Statistics.
Author  Mitrade
Yesterday 02: 44
The U.S. dollar steadied in early Asian trading on Thursday following an unexpected 0.1% decline in the Producer Price Index (PPI) for final demand in August, as reported by the Labor Department’s Bureau of Labor Statistics.
placeholder
Asian Stocks Climb on US AI Optimism; Japan’s Nikkei Reaches New Record HighMost Asian stock markets climbed on Thursday, with China leading gains fueled by renewed optimism around U.S. artificial intelligence developments.
Author  Mitrade
Yesterday 06: 06
Most Asian stock markets climbed on Thursday, with China leading gains fueled by renewed optimism around U.S. artificial intelligence developments.
goTop
quote