Solana

Pump.fun’s slide is most clearly reflected in its PUMP token, which has fallen 40% over the past six months.

Shares of Forward Inc. rose Tuesday as the company sought to keep non-binding acquisition proposals for several Solana digital asset treasury firms alive. The moves came after Solana Company said its board unanimously rejected Forward’s unsolicited bid. In trading, some of the smaller targets moved in opposite directions as Forward pressed ahead with the offers.

Nasdaq-listed Forward Industries [FWDI] has submitted a bid to acquire SkyAI, Inc. [SKYA], the parent company behind the SKYAI token. The proposal also highlights SkyAI, Inc.’s 2 million Solana [SOL] holdings, acquired in September 2025, alongside FWDI’s positioning as a SOL treasury. SKYAI rose 21% over the past 24 hours as speculative trading accelerated in the AI token.

Forward Industries’ all-stock acquisition proposals for three rival Solana treasury firms were rejected or went unanswered. The company is left holding more than 7 million SOL bought at an average price well above current market levels, with no completed deal to show for the M&A push. The targets—Solana Company, Brera Holdings and SkyAI—each declined to accept FWDI equity as consideration.

Hyperliquid’s HYPE rose about 13% to $75.72, nudging past Solana’s $74.55 on a per-token basis. The move reflects unit price only, as Solana’s market capitalization still more than doubles Hyperliquid’s. Spot HYPE ETFs logged about $169.3 million in net inflows over the last five reported weeks, according to SoSoValue data.

SPCX trading on Hyperliquid picked up as traders piled into speculative directional positions. The tokenized SpaceX perpetuals drew enough activity to surpass Solana in trading volume on the venue’s HIP-3 market.

Securitize has expanded its tokenized AAA CLO fund, STAC, to Solana, with Ethena Labs planning a $250 million allocation. The move brings one of the largest tokenized structured credit commitments yet to Solana’s growing real-world asset market.

Traders have been taking profits across bitcoin, ether and solana as they stay cautious ahead of the expected signing of a deal with Iran. The move reflects a broader bid to lock in gains while investors assess how the signing could shape crypto markets and the wider economic backdrop.

Rising SOL/BTC strength is signaling that Solana may be starting to outperform Bitcoin. The move is drawing attention as a possible sign of shifting leadership within the altcoin market.

JTO rose 26% over seven days, supported by a Bitget staking campaign and growing expectations for the JTX platform ahead of its July 2026 launch. The move reflects both a short-term supply lockup and investor attention on how JTX could change the token’s economics. The article was published by Coindoo.