Inclusion in the index may boost institutional exposure for the Solana treasury firm effective June 29.
Upexi (NASDAQ: UPXI), the second-largest corporate holder of Solana, will join the Russell Microcap Index on June 29. The firm holds over 2 million SOL, positioning it as a key player in the cryptocurrency’s treasury landscape.
The move follows the 2026 Russell US Indexes reconstitution and aims to enhance visibility among institutional investors and index-tracking funds. Solana treasury stocks have faced pressure recently, with some firms down sharply from their fundraising valuations.
The announcement highlights growing institutional interest in Solana despite broader market volatility.