SOL rose by 9%, driving a collective surge in Solana treasury stocks, with several DATs rising over 10% during the session

As the price of SOL rose about 9% on Friday, the stock prices of several Solana digital asset treasury companies also surged significantly. Sol Strategies saw an intraday increase of 22%, reaching $1.20, outperforming other crypto treasury stocks. Other Solana digital asset treasury companies also recorded notable gains. Forward Industries rose as much as 12% to $4.03, SkyAI increased by 11% to $1.07, DeFi Development Corp. climbed 10% to $2.73, and Solana Company also rose over 10%, peaking at $1.65.

This round of increases was also driven by expectations of index inclusion. Several digital asset treasury companies, including the largest Solana treasury company Forward, will be included in the Russell Index after Friday's close. Two major Ethereum treasury companies, Bitmine and SharpLink, will also be included in the relevant Russell Index, while the smaller Solana treasury company Upexi will enter the Russell Microcap.