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Fueled by Solana (SOL) surging 9% in a single day, multiple concept stocks tied to Solana’s treasuries posted double-digit gains.

2 hours ago

As SOL rose approximately 9.7%, multiple stocks tied to Solana Digital Asset Treasuries (DAT) notched double-digit intraday gains on Friday. Per Bitget market data, Sol Strategies (STKE) rallied as high as 22%, Forward Industries (FWDI) climbed 12%, while SkyAI (SKYA), DeFi Development Corp. (DFDV), and Solana Company (HSDT) each saw gains of around 10% or more at their intraday peaks. On the catalyst front, Forward will be added to the Russell 2000 and Russell 3000 indices, while Upexi (UPXI) will be included in the Russell Microcap Index. However, data indicates all SOL-linked DATs currently trade below 1x mNAV. (The Block)

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