Solana's price is currently experiencing a surge, trading between $230 and $240, thanks to significant institutional investment. This bullish trend is further supported by Forward Industries, which recently raised a substantial amount with the assistance of Galaxy Digital. This momentum indicates a growing interest in Solana, suggesting that it could be a strong player in the cryptocurrency market moving forward.

Solana's price has surged past the $240 resistance level, fueled by strong institutional interest and growth in decentralized finance (DeFi). This bullish momentum indicates a positive outlook for the cryptocurrency.