Forward Industries, Galaxy Digital Ignite Solana Boom—Is Snorter Token Next to Skyrocket?

Aaron Walker

1 month ago

4 mins read

Forward Industries, Galaxy Digital Ignite Solana Boom—Is Snorter Token Next to Skyrocket?

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Tech giants Forward Industries and Galaxy Digital are building substantial Solana reserves to drive strategic growth and network activity within the Solana ecosystem.

Forward Industries has secured $1.65B, creating the largest-ever Solana corporate treasury. It’s clearly taken from Strategy’s Bitcoin playbook – holding crypto directly on the company’s balance sheet.

Alternatively, one of the major crypto investment firms, Galaxy Digital, purchased $326M $SOL to grow $SOL holdings for Multicoin Capital’s institutional fund (SOL DAT).

Galaxy Digital still has $1.3B in cash and stablecoins, which could be directed toward acquiring more $SOL, potentially affecting Solana’s short-term price and market liquidity.

These large-scale institutional $SOL purchases translate to green candles in the charts for $SOL, prompting investors to seek early opportunities, such as the Snorter Token ($SNORT) presale, which plans to release the fastest and cheapest Solana trading bot.

$SOL Breaks $238 With 21% Monthly Surge—Institutional Buyers Drive Unstoppable Momentum

Solana’s current price is at $238, a 7% increase in the last 24 hours that reflects strong investor confidence and surging demand.

Besides, Solana’s steady rise in the last week (+%15) highlights sustained buying pressure and continued hype among institutional and retail investors for Solana-focused projects.

As a result, $SOL monthly gains have been even more pronounced at roughly 20%, suggesting a broader bullish trend.

Our experts identified a bullish pennant in $SOL’s charts, creating hype after breaking key resistance between $212 and $230. This momentum positions $SOL to rally toward all-time highs of $300 soon, a 28% increase from current prices.

With Solana ready for a race up, it’s reasonable to expect $SOL-based top altcoins to follow along.

Emerging as the ‘next big thing’ in the Solana network, Snorter Token is turning heads with its trading bot, capitalizing on the network’s bullish trajectory.

Solana’s Bull Run Sparks FOMO—Is Snorter Token the Next Explosive Presale Opportunity?

Snorter Token ($SNORT) aims to create a Telegram-native trading suite that powers the Snorter Bot, a trading partner that can snipe tokens automatically, offer fast & secure swaps, and copy trading functionalities.

Other features include:

Honeypot detection and rugpull protection
Limit orders for locking in profits and scheduling buys
Lowest fees among all Solana trading bots (0.85%)
Fastest transaction execution on Solana
Front-running & MEV protection

Read more about Snorter Token’s utility in our guide – we go over everything you need to know!

This token will launch on Solana first but is expanding across Ethereum, BNB Chain, and other EVM networks in the future.

This means you’ll get quick and easy trading assistance on several of the biggest blockchains. No more will you be outraced by whales – Snorter Bot detects liquidity almost instantly and can trade the freshest tokens in an instant.

The Snorter Token presale has raised over $3.8M as whales rush to join before the next price increase at $4.3M.

Launched at $0.0935 per token, $SNORT is now $0.1041, delivering an impressive 11.3% ROI for early adopters by simply HODLing. The gains are projected to reach 12.6% by the final presale stage at $0.1053.

Plus, our Snorter Token price prediction forecasts a potential $1.02 price by the end of the year. For instance, buying $500 worth $SNORT now could turn to $4,900 by the year’s end.

As an early backer, you have the first-mover advantage. 300M of the total 500M $SNORT tokens will be sold during presale, positioning you to benefit from $SNORT’s scarcity-driven model.

Staking is also very attractive at 120% APY – you can potentially double your holdings within the first year, maximizing returns from both presale investments and staking rewards.

To buy Snorter Token, visit the official presale page, connect your wallet, and select the number of tokens you want to buy.

Like several other successful Solana-centric projects, $SNORT is riding the bullish wave that has lifted $SOL above $235. Snorter Token’s dual reward structure, combined with Solana’s broader growth trajectory, positions $SNORT as a lucrative presale opportunity.

The subsequent Snorter token price rise is tomorrow. To potentially see double-digit ROI before launch, join the Snorter Token presale today.

This is not financial advice. The cryptocurrency market is highly volatile and speculative. Always conduct your own research before making any investment decisions.

Authored by Aaron Walker, NewsBTC – https://www.newsbtc.com/news/solana-treasury-race-forward-industries-1-65b-snorter-token-10x-soon

Aaron Walker

Aaron writes for NewsBTC as a Crypto Journalist, covering breaking news and developments across the crypto world.

Aaron’s been writing and editing since 2016, and has seen firsthand how writing for online publications has evolved over that time with the influence of everything from a globalized workforce to LLMs. He’s also witnessed the rise of crypto from a fringe interest to a multi-trillion-dollar force that’s reshaping the world economy.

His background in academia with multiple post-grad degrees and a zest for good writing, wherever it may be found, powers Aaron’s own approach to covering crypto.

What sets good writing apart? Storytelling – finding connects the news to the people reading it and drawing out those connections. That’s what Aaron looks for in his own coverage.

In his off-hours, Aaron works for a local charity and enjoys working out and training with the local boxing club. He even reads physical books, occasionally.

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