SOL up 9% Drives Solana Treasury Stocks Higher, Multiple DATs Rise Over 10% Intraday
Odaily Planet Daily News: As the price of SOL rose approximately 9% on Friday, the stock prices of several Solana Digital Asset Treasury (DAT) companies surged in tandem. Sol Strategies (STKE) rose as much as 22% intraday, hitting $1.20, leading the gains among other crypto treasury stocks.
Other Solana DATs also recorded notable gains. Forward Industries (FWDI) rose up to 12% intraday to $4.03, SkyAI (SKYA) increased 11% to $1.07, DeFi Development Corp. (DFDV) rose 10% to $2.73, and Solana Company (HSDT) also climbed over 10%, reaching a high of $1.65.
This rally was also fueled by expectations of index inclusion. Several digital asset treasury companies, including Forward, the largest Solana treasury firm, are set to be added to the Russell indexes after Friday's market close. Two major Ethereum treasury companies, Bitmine (BMNR) and SharpLink (SBET), will also be included in related Russell indexes, while the smaller Solana treasury firm Upexi (UPXI) will join the Russell Microcap.
