Solana surged 5.5% to $241 on September 12, 2025, marking its highest price since late January. This surge follows a $1.65 billion private investment deal by Forward Industries, which is backed by firms including Galaxy Digital and Jump Crypto. The news sparked increased institutional interest in Solana, pushing its price above $215 earlier in the week. The token remains 18% shy of its all-time high of $293.31. Confidence in Solana's price trajectory has grown, with predictions indicating an 89% likelihood that SOL will reach $250 before dropping to $130. Additionally, BIT Mining added 17,221 SOL to its treasury, signaling further bullish sentiment surrounding the asset. The market has responded positively to institutional moves, reinforcing Solana's status among leading cryptocurrencies.

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