Cantor Financial indicated in a recent report that three major companies—DeFi Development (DFDV), Upexi (UPXI), and Sol Strategies (HODL)—are investing in Solana (SOL) as the best option for the future of blockchain-based finance.
Highlights:
The three companies received an "Overweight" rating from Cantor, which is considered a buy recommendation.
Price targets:
DFDV: $45
Sol Strategies: $54 Canadian
Upexi: $16
Cantor sees Solana technologically outperforming Ethereum, especially with the increasing number of developers working on its platform.
The company expects that Solana could approach Ethereum in market value in the future (currently Ethereum is 2.5 times larger).
Price movements in Solana and the stocks of the mentioned companies have begun to attract investor interest.
At the time the report was released, Solana was trading at $153 according to CoinGecko data.
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