**https://t.co/cq5kcvX7Nc English Community Daily Brief**
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Published: 2025-09-09
**Overall Market Sentiment**
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The community displayed mixed sentiment. On the one hand, there was optimism that Solana could reach a new all-time high before October, primarily driven by news of significant institutional investment. However, there was also a significant bearish sentiment, with some suggesting a "top has been seen" and advising caution at current market levels.
**Solana Asset Allocation Strategy - Institutional Bullish**
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• Forward Industries announced a large-scale $1.65 billion private placement, led by Galaxy Digital, Jump Crypto, and Multicoin Capital, for its Solana asset allocation strategy.
• The investment represents approximately 1.5% of Solana's total market capitalization, demonstrating significant institutional commitment.
• Market participants anticipate that this institutional support could propel Solana back to a new all-time high before October.