Workflow
Solana Jumps Above $240, Hitting Highest Price Since January
Yahoo Financeยท2025-09-12 17:23

Group 1 - Solana surged 5.5% on Friday, reaching a daily peak above $241, the highest price since late January, driven by institutional interest [1] - Forward Industries announced a $1.65 billion PIPE deal led by Galaxy Digital, Jump Crypto, and Multicoin Capital, contributing to the bullish sentiment around Solana [1] - Following the PIPE deal announcement, Solana's price climbed above $215 and continued to rise, although it remains 18% below its all-time high of $293.31 set in January [3] Group 2 - Users on Myriad, a prediction market, have increased their confidence that Solana will rise to $250, with the percentage of users believing this increasing from 66% to 89% [4] - BIT Mining has added 17,221 SOL to its treasury, further boosting Solana's price, and plans to change its NYSE ticker to SOLAI [4] - BIT Mining's shares, currently trading under the BTBT ticker, previously soared to over $5 per share after announcing the establishment of a Solana treasury [4]