Solana Treasury Stocks Rip Past SOL as Russell Adds Crypto Names

Solana rebounded about 9% on June 26, and the stocks built around it moved a lot more.

SOL Strategies climbed as much as 22% intraday. Forward Industries, SkyAI, DeFi Development Corp.

and Solana Company all posted double-digit gains on the same day.

The token did one thing. The equity wrappers that hold the token did something bigger.

That gap is the whole story here, and it landed on the same day Russell index reconstitution put several of these Solana treasury names into the stock market’s index machinery.

Second-Largest Solana Treasury Firm Upexi Joins Russell Microcap Index

Upexi (NASDAQ: UPXI), the second-largest corporate holder of Solana with more than 2 million SOL, will join the Russell Microcap Index effective June 29 following the 2026 Russell US Indexes reconstitution.… pic.twitter.com/sdkeo8LGxt