Crypto
Solana-holding listed firms\' shares plunge up to 92 percent, warning lights for further 50 percent drop
Shares of listed companies holding large amounts of Solana as treasury assets have fallen 75 to 92 percent since the end of 2025, as Solana has dropped 34 percent this year, BeInCrypto reported. Analyst Ted Pillows warned some stocks could fall another 30 to 50 percent before bottoming. Forward Industries holds 6.9 million Solana tokens and faces unrealised losses exceeding $1 billion. Other Solana-focused firms have also posted steep share declines and large losses.
