Cantor Fitzgerald Bullish on Solana and Optimistically Values Three SOL Investment Firms
Odaily Planet Daily News: Investment bank Cantor Fitzgerald announced on Monday that it has begun research and analysis on three companies focused on accumulating Solana cryptocurrency: DeFi Development Corp., Upexi, and SOL Strategies. According to analysts, although Ethereum has a longer development history and a higher total value locked, Solana holds greater advantages as an investment asset compared to Ethereum. The analysts stated in the report, "If Bitcoin has become the foundational reserve currency of the digital economy, then Solana aims to be the technology that powers transactions and markets within the digital economy."
Cantor has set optimistic price targets for these three companies: DeFi Development Corp. at $45 (currently around $31), Upexi at $16 (currently around $10), and Canadian company SOL Strategies at 4 CAD (currently around 2 CAD). (The Block)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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