Solana will be ‘choice of choice;’ Dfdv, upxi, hodl initiated with overweight: cantor
Cantor started the range of three largest solana
Treasury Company Defi Development (DFDV), UPEXI (UPXI) and Sol Strategies (Hodl) with excess weight rating, the Wall Street Firm said in a research report Monday.
Broker has a price target of $ 45 for Defi development, a C $ 54 goal for SOL techniques, and a $ 16 target price for UPEXI.
“We believe that Sol Treasury companies will bet on the future of finance will be on-chain and that the chain of choice is Solana,” written by analysts led by Thomas Shinske.
Solana’s biggest competitor is the Ethereum Blockchain, Cantor mentioned, but its technology is significantly better than its greater equality in every scale.
“The growth of the developer in SOL has exceeded the ETH recently, and we hope it will continue,” the sets wrote.
Therefore, the use of Solana as a Treasury owner is more understanding than the use of ether
The report said.
The report added that companies that adopted Solana as a Treasury owner believed that crypto could reach Ether, currently with a market cap of 2.5 times larger than Sol.
Read more: Defi adding $ 5b of solana purchase power with a new line of credit
