Solana Treasury Firms Get Cantor Vote Of Confidence: 'We Expect Developer Growth To Continue'

Cantor Fitzgeraldon Monday initiated coverage on threeSolana(CRYPTO: SOL) treasury companies—DeFi Development Corp.(NASDAQ:DFDV),Upexi(NASDAQ:UPXI), andSOL Strategies(CSE:HODL), predicting significant share price growth as Solana's high-performance blockchain gains traction in digital finance.

The research report assigns "Overweight" ratings with price targets of $45 for DFDV (74.9% upside), $16 for UPXI (59.8% upside), and C$4 for HODL.CN (65.3% upside), driven by Solana's technological edge and the companies' strategic capital-raising plans.

The report highlights Solana's ability to process 65,000 transactions per second with sub-$0.01 fees, positioning it to challenge Ethereum's dominance.

"Developer growth...