Forward Industries Holds Millions in Staked Solana (SOL)

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author: CryptoNews

date: November 17, 2025

1 min. read

Forward Industries (FORD), a Nasdaq-listed company, has revealed a significant holding of 6.91 million Solana (SOL) tokens. This substantial investment highlights Forward's confidence in the Solana blockchain and its future potential. The company disclosed that the vast majority of its SOL holdings are currently being staked. Staking involves locking up cryptocurrency to support the network's operations and, in return, earning rewards. By staking its SOL, Forward Industries is actively participating in the Solana ecosystem and generating passive income. This strategic move demonstrates a commitment to long-term growth and maximizing returns on their investment in Solana. ```