SOL rises 9%, driving a collective surge in the stock prices of Solana treasury companies

Jinse Finance reported on June 27 that as the price of SOL rose by about 9% on Friday, shares of multiple Solana digital asset treasury companies also surged significantly. Sol Strategies jumped as much as 22% intraday, reaching $1.20 and outperforming other crypto treasury stocks. Other Solana digital asset treasury companies also recorded notable gains. Forward Industries rose as much as 12% intraday to $4.03, SkyAI climbed 11% to $1.07, DeFi Development Corp. gained 10% to $2.73, and Solana Company also increased by over 10%, hitting a high of $1.65. This rally was further driven by expectations of inclusion in indices. Several digital asset treasury companies, including Forward, the largest Solana treasury company, will be included in the Russell Index after the market closes on Friday. 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 join the Russell Microcap.