Forward Industries repurchases 6M+ shares using a $40M Solana-backed loan from Galaxy Digital. The firm holds 7M SOL worth $614M despite $1.1B unrealized loss, betting on price recovery.

Solana's RWA holders surged 440% YoY to 218,000, as global RWA market cap hit $24B. Ethereum's XAUT leads at $3.3B, but Solana's tokenized Treasury growth positions it as a contender. IMF warns TradFi risks falling behind.