Solana DAT Stocks Surge As SOL Price Jumps 9%

Solana digital asset treasury stocks jumped hard Friday as SOL climbed 9.7% to $72.60, outpacing other major tokens while BTC held near $60,100 and ETH sat around $1,500.

Sol Strategies (STKE) led the pack, spiking 22% to $1.20. Forward Industries (FWDI) rose 12% to $4.03, SkyAI gained 11%, and DeFi Development Corp climbed 10%. Solana Company also topped 10%.

Other Crypto Treasuries Gain Too

Ethereum DATs joined the move. Bitmine rose 2.5% and Sharplink gained 4.71%. Hyperliquid Strategies jumped over 8%, and Tron Inc rose more than 5%. Still, most of these stocks remain down sharply for the year, with FWDI off 41% and Bitmine down 49%. PURR is the exception, up 143% year-to-date.

Russell Index Additions Add Fuel

Several DATs joined Russell indexes effective after Friday’s close. Bitmine and Sharplink entered the Russell 3000, Forward joined both the Russell 2000 and 3000, and Upexi was added to the Russell Microcap. Every Solana DAT still trades below 1 mNAV, The Block’s data shows.