Solana Price Prediction: 3 Key Levels as Forward Expands Its SOL++ Strategy

Three Things to Know

• Forward Industries plans a stake of up to $30 million in a tokenized real estate asset set to launch on Solana.
• SOL looks deeply oversold on the daily chart, yet momentum still favors sellers.
• One support level now stands between SOL and an open drop, and bulls cannot afford to lose it.

Forward Industries, a Nasdaq-listed Solana treasury company, is putting more money into tokenized real estate. The firm said its latest stake will add steady dollar income under its SOL++ strategy.

The timing stands out. SOL has slid hard this month, and Forward's own shares fell on the news. Traders want to know if institutional building on Solana can steady a token that sellers still control.

Forward Bets $30M on Tokenized Real Estate Before Its Solana Debut

Forward Industries (NASDAQ: FWDI) plans to invest in GromaCoin (GRO). The token represents a share in Groma Real Estate Trust and will launch on Solana in the first quarter of 2027. Two days earlier, Forward committed up to $50 million to a tokenized U.S. home price index product.

Groma is a Boston-based firm founded in 2020. Its REIT is U.S.-regulated and owns income-producing residential properties. GromaCoin is the largest onchain real estate asset, with more than $95 million in tokenized value.

The token is open only to accredited investors for now. A Reg A+ offering pending SEC qualification could raise up to $75 million in its first year. Groma also plans a Kamino integration so holders can post GRO as collateral on the Solana lending protocol.

Forward CIO Ryan Navi said the stake adds a dollar-denominated stream of "durable, uncorrelated revenue" under the company's SOL++ strategy. Groma CEO Seth Priebatsch said platforms and investors have shown "tremendous enthusiasm."

Traders were less impressed. FWDI fell about 7% to near $5.08 on the day, while SOL lost about 3%.

SOL Trades Far Below Both Key Averages After a 25% Monthly Slide

Solana (SOL) daily price with the nearest support (green) and resistance (red). Source: TradingView

SOL traded near $80 at last check, down about 25% over the past 30 days. That slide has pushed the token to its lowest area since mid-August, as a broad sell-off dragged on crypto markets.

The past week offers little relief. SOL lost about 11% over seven days, which shows selling has kept its pace rather than fading.

A moving average smooths out daily swings to show the underlying trend. The 50-day average sits near $97.50. The 200-day average is close by, just under it.

Those two lines have nearly merged above the price. That matters because both now act as a ceiling. Any bounce would have to climb roughly 20% just to test them, and sellers tend to defend such a crowded zone.

For a company with a large SOL treasury, this chart makes Forward's pitch easier to understand. Navi's talk of uncorrelated revenue reads as a hedge against exactly this kind of drawdown. Rental income from a REIT does not fall when SOL does.

Deeply Oversold Yet Sellers Still Hold the Wheel

RSI, a 0 to 100 gauge of momentum, sits near 21. Readings below 30 count as oversold, and this one sits well under that line. It tells us sellers have pushed hard and fast, and the move looks stretched.

Stretched markets often snap back with short relief bounces. Oversold readings can also linger for weeks when a strong trend is in charge, so RSI alone does not mark a bottom.

Other signals show no turn yet. MACD remains below its signal line, which means momentum is still pointing down. Trend strength readings confirm a real trend, and sellers are the ones leading it.

The latest session fits that pattern. SOL slipped about 2% over the past 24 hours. Buyers have not yet shown up with enough force to change the direction.

$74.10 Is the Floor Bulls Cannot Lose

Support sits near $74.10, the only floor mapped on the chart. A daily close under that mark would leave SOL without a nearby cushion and could open a fresh leg lower.

Buyers who want to stop the slide need to defend it on a closing basis.

Overhead, the first resistance sits near $95.82. That level lies just under the cluster of moving averages discussed above. A move back above it would be the first sign that the seller-led trend is losing grip.

The round number at $100 is the bigger test. Reclaiming it would put SOL back above both averages and turn the picture neutral. Until then, rallies look like bounces inside a downtrend.

What Could Happen Next for SOL

SOL's next move depends on whether buyers can hold the floor while RSI sits deep in oversold territory.

• Bullish: If SOL holds above that support on a closing basis, an oversold bounce could carry it toward first resistance just under the moving averages. A close back below the floor would cancel this setup.
• Bearish: A daily close under support would leave no mapped cushion and could extend the slide. This view fails if SOL recovers above the 50-day average, which would mean sellers have lost control.

Institutional Building Has Not Yet Reached the Chart

Forward's steady push into real-world assets gives Solana a stronger long-term story. Real estate tokens and Kamino collateral bring new use cases to the network. The chart has not caught up. SOL stays in a seller-led downtrend until it reclaims that first resistance overhead.