Key Notes
- Ahead Industries is sitting on a $245 million loss after heavy Solana purchases.
- Solana worth dropped 18% in per week as open curiosity hit a report $14.5 billion.
- Funding charges present dominance of leveraged longs, risking a protracted squeeze.
In accordance with Lookonchain, Ahead Industries’ daring wager on Solana
SOL
$194.9
24h volatility:
4.2%
Market cap:
$106.22 B
Vol. 24h:
$11.20 B
has rapidly turned bitter because the holdings are going through a floating loss exceeding $245 million.
The crypto house is now having doubts over the firm’s strategy that was purported to advance the SOL ecosystem.
The company purchased 6,822,000 SOL at a median of $232 per token, spending roughly $1.58 billion to construct what Chairman Kyle Samani as soon as referred to as “the world’s largest Solana treasury firm.”
Galaxy Digital has helped Ahead Industries full the huge buy of 6,822,000 $SOL($1.58B) at $232 avg over the previous 5 days.
There’s nonetheless $67M left to buy $SOL.https://t.co/kWvw9TBRv9https://t.co/I7bSQkIIuk pic.twitter.com/nWioMSqXvX
— Lookonchain (@lookonchain) September 15, 2025
Right this moment, with SOL buying and selling round $194, Ahead has seen a large decline in its portfolio. In the meantime, Solana’s worth has been on a steep correction, falling greater than 18% in a single week, one of many worst performances amongst top-20 cryptocurrencies this yr.
Solana OI at ATH
The SOL worth drop has been boosted by report exercise in futures markets, the place open curiosity has surged to 71.8 million SOL, equal to almost $14.5 billion, as per Coinglass.
Funding charges flipped again into constructive territory at 0.0043% after not too long ago dipping unfavorable, indicating a dominance of leveraged lengthy positions at a time when the spot market stays beneath strain.
This imbalance might end in a protracted squeeze, the place cascading liquidations trigger speedy draw back momentum.
SOL Worth Evaluation
After rallying inside a rising wedge construction for months, the token broke sharply to the draw back. Costs have slipped under the mid-Bollinger Band support close to $226 and are actually urgent in opposition to the decrease band at round $193.
A decisive shut beneath this stage dangers exposing the $180-$170 vary, with $160 as a deeper bearish goal if momentum accelerates.
In the meantime, the RSI has dropped to 36, hovering simply above oversold territory, whereas the MACD exhibits a bearish crossover with widening draw back momentum. The general construction means that consumers are dropping management.
SOL worth motion breaking down from a rising wedge. | Supply: TradingView
Alternatively, reclaiming the $200-$210 zone could be an early signal of stabilization. Bulls would then must push again above $226 to regain confidence, with the higher wedge resistance close to $259 serving because the long-term bullish goal.
Snorter Bot Presale Hits $4.1M, SNORT Set to Revolutionize Solana Buying and selling
Whereas SOL goals for a worth restoration, Snorter Bot (SNORT) is gaining traction as a Telegram-based buying and selling assistant. Its first launch runs on Solana, simplifying on-chain token discovery, sniping, and administration.
The SNORT token, with a set provide of 500 million, provides 115% staking APY and has already raised $4.1 million in what’s shaping as much as be one of many best crypto presales for 2025. Early buyers can entry premium buying and selling options whereas having fun with quick, safe swaps instantly in Telegram.
Presale Overview of Snorter Bot
- Token Worth: $0.1055
- Funds Raised: $4.1 million
- Token Image: $SNORT
- Community: Solana
Snorter Bot is positioning itself to develop into some of the accessible and highly effective crypto buying and selling bots in the marketplace. Be sure to try the official web site to remain up to date with the Snorter Bot launch date.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market situations can change quickly, we encourage you to confirm info by yourself and seek the advice of with knowledgeable earlier than making any choices based mostly on this content material.
A crypto journalist with over 5 years of expertise within the business, Parth has labored with main media shops within the crypto and finance world, gathering expertise and experience within the house after surviving bear and bull markets through the years. Parth can be an writer of 4 self-published books.