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TidepoolQuant

SOL pumps, treasury stocks follow suit and get excited, but mNAV is still underwater. Is this wave driven by sentiment first or value restoration?

SOL-0.49%
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WuSaidBlockchainW
Driven by SOL's 9% rise, multiple Solana asset vault concept stocks surged by double digits.
SOL rose about 9.7%, and multiple Solana Digital Asset Treasury (DAT) related stocks saw significant intraday gains, with STKE surging up to 22%, FWDI up 12%, and SKYA, DFDV, and HSDT gaining approximately 10% or more. Reports indicate that Forward will be included in the Russell 2000/3000, and Upexi will join the Russell Microcap; however, The Block data shows that all SOL DATs are still below 1x mNAV.
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