Major SOL Treasury Firm Initiates $1 Billion Buyback – Is $1,000 SOL Possible by Year-End?

SOL has experienced a 2.7% increase over the last 24 hours, currently trading at $159 following the announcement of a share buyback program by the largest corporate treasury holding the token. This development supports a bullish outlook for Solana’s price.

Forward Industries stands out as the most significant treasury firm globally for Solana, holding a total of 6.8 million tokens valued at around $1 billion as of this writing.

Breaking news from our team
On November 3, 2025, the Forward Industries Board approved a share repurchase program allowing the company to buy back up to $1 billion of its common stock.
Access the complete press release below pic.twitter.com/rqsDDRGp54

— Forward Industries $FORD (@FWDind) November 4, 2025

Previously, the company revealed a $1 billion buyback initiative for its stock, which will be executed gradually through at-the-market offerings and block trades.

As Forward Industries has prioritized its Solana investments, this action enhances shareholder value by increasing the number of tokens represented by each share.

Solana Price Prediction: SOL Is On a Downtrend But Has Hit a Key Support Already

Over the last 30 days, SOL has declined by 31.8% as market sentiment worsened following President Donald Trump’s announcement of a 100% tariff hike on Chinese imports.

The daily chart indicates that Solana has been in a downtrend since late September, forming a descending price channel characterized by a series of lower highs and lower lows.

Nevertheless, the token has just reached the lower boundary of the channel, suggesting a potential bounce ahead.

The token has also dipped below the 200-day exponential moving average (EMA), while the Relative Strength Index (RSI) approaches oversold conditions.

For SOL to rebound, it must break free from this price channel.

Ideally, it should rise above $180 first to confirm a trend reversal. If this occurs, Solana could climb to $200 soon and possibly higher as institutional interest remains robust.

Recent actions by Forward Industries underscore how Wall Street is beginning to recognize the potential of altcoins like Solana and the technology that supports them.

One emerging project taking advantage of this trend is Bitcoin Hyper ($HYPER), a new crypto presale aimed at developing the first high-speed Bitcoin Layer-2 on Solana.

By leveraging Solana’s rapid network, HYPER seeks to address Bitcoin’s primary limitations – slow transaction speeds, high fees, and lack of programmability – while providing access to trading, staking, and DeFi.

Bitcoin Hyper ($HYPER) Raises $26M to Kickstart a New Era for Bitcoin

BTC holders have faced challenges in earning yield on their investments for years, as the network’s architecture struggles to meet the speed requirements of DeFi applications.

Bitcoin Hyper ($HYPER) addresses this issue by launching the first genuine Bitcoin L2 utilizing the Solana blockchain, enabling developers to create yield-farming, staking, payments, and other decentralized applications.

The Hyper Bridge was established to securely receive BTC tokens on the Bitcoin blockchain and mint the equivalent amount on the Hyper L2.

Once transferred, investors can utilize any of these dApps without leaving the Bitcoin ecosystem.

Analysts anticipate that, once this solution gains traction among leading wallets and exchanges, the demand for $HYPER will surge.

To acquire $HYPER before the next price rise, simply visit the official Bitcoin Hyper website and connect your preferred wallet (e.g., Best Wallet).

You can either exchange USDT or SOL or use a bank card to finalize the purchase.

Visit the Official Bitcoin Hyper Website Here

The post Solana Price Prediction: Largest SOL Treasury Firm Launches $1 Billion Buyback – $1,000 SOL By Year End? appeared first on Cryptonews.