Cantor Sees 75% Upside in Solana-Focused Stocks With New Analyst Coverage
The post Cantor Sees 75% Upside in Solana-Focused Stocks With New Analyst Coverage appeared on BitcoinEthereumNews.com.
In brief Cantor rated three public companies “overweight,” with price targets implying 60–75% upside. Analysts said Solana’s architecture is superior to Ethereum’s, avoiding fragmentation and retaining more value on-chain. DFDV was highlighted as the strongest pick due to its validator infrastructure and crypto-native leadership. Cantor Fitzgerald has launched coverage on three public companies that hold substantial reserves of Solana, suggesting the stocks could rise by as much as 75% as investors seek new ways to gain exposure to the fast-growing blockchain network. The investment bank rated DeFi Development Corp (DFDV), Upexi (UPXI), and SOL Strategies (HODL) as “overweight,” meaning it expects the shares to outperform. It assigned price targets of $45 for DFDV, $16 for UPXI, and C$4 (US$2.95) for HODL. DFDV is currently valued at $31.06, UPXI is priced at $9.84, while HODL sits at C$2.48 (US$1.83), Google Finance data shows. “We believe Solana treasury companies are betting the future of finance will be on-chain and that the chain of choice will be Solana,” Cantor analysts wrote in a 72-page report on Monday. The analysts also took aim at Ethereum, writing that its reliance on external scaling networks has rendered the system inefficient and less unified compared to Solana’s all-in-one design. “If we are comparing Layer-1s, Solana’s technology is meaningfully better than Ethereum across every metric,” the analysts wrote. Solana is a blockchain known for fast and cheap transactions. Unlike Ethereum, which relies on external tools, known as Layer 2s, to scale, Solana operates entirely on its base layer. That allows it to avoid fragmentation and keep fees low, the analysts noted. Cantor said these companies deserve to trade above the value of their Solana holdings due to their ability to stake tokens and earn rewards, a process where users lock up crypto to help secure the network…
Filed under: News - @ June 18, 2025 2:28 am