Solana (SOL) extends its decline, trading below $72 on Thursday after losing over 2.5% in the last two days. Institutional demand shows mild optimism as spot Exchange Traded Funds (ETFs) recorded an inflow of $1.06 million on Wednesday, marking the third consecutive day of inflow so far this week.
Forward Industries (FWDI), the largest Solana treasury company, has proposed acquiring two smaller Solana-focused public companies in separate all-stock transactions, according to statements released Monday.
Solana (SOL) is trading below its 50-day Exponential Moving Average (EMA) at $87.35 on Monday after moving nearly flat last week. The real-world assets (RWAs) ecosystem on Solana surpassed $2.50 billion in value, reflecting growing adoption in the traditional finance market.