Svmuu News: As the price of SOL rose by about 9% on Friday, the stock prices of several Solana Digital Asset Treasury (DAT) companies also surged significantly. Sol Strategies (STKE) rose as much as 22% during the session, hitting $1.20, outperforming other crypto treasury stocks.
Other Solana DATs also recorded notable gains. Forward Industries (FWDI) rose as much as 12% intraday to $4.03, while SkyAI (SKYA) climbed 11% to $1.07,DeFi Development Corp. (DFDV) rose 10% to $2.73, and Solana Company (HSDT) also gained more than 10%, peaking at $1.65.
This rally was also driven by expectations of index inclusion. Several digital asset treasury companies, including Forward—the largest Solana treasury firm—will be added to the Russell indices after the market closes on Friday.Two major Ethereum treasury companies, Bitmine (BMNR) and SharpLink (SBET), will also be included in the relevant Russell indices, while the smaller Solana treasury company Upexi (UPXI) will be added to the Russell Microcap index.