Solana dominates blockchain usage, ADA sees 5% spike. SOL leads in DEX volume, FWDI holds 6.9M SOL. 16th straight week as leader.

Solana (SOL) remains dominant in real blockchain usage, whereas Cardano (ADA) saw a 5% increase catching traders' attention briefly. Despite this, SOL continued its lead in decentralized exchange activity for the 16th consecutive week, surpassing other blockchains in DEX volume. Forward Industries Inc. (FWDI) shared a shareholder update disclosing progress in its Solana-focused treasury strategy, revealing ownership of over 6.9 million SOL making it the largest corporate Solana treasury globally. This accumulation initiative began in September after a $1.65 billion private placement led by Galaxy Digital, Jump Crypto, and Multicoin Capital. FWDI's Chair, Kyle Samani, expressed intentions to further... (The complete article can be viewed on Benzinga.com)