Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade at Premium: Cantor

Cantor initiated coverage of the three largest solana SOL treasury companies DeFi Development (DFDV), Upexi (UPXI) and Sol Strategies (HODL) with an overweight rating, the Wall Street firm said in a research report Monday.The broker has a $45 price target for DeFi Development, a C$54 objective for Sol Strategies, and a $16 price target for Upexi."We believe SOL treasury companies are betting the future of finance will be on-chain and that the chain of choice will be Solana," analysts led by Thomas Shinske wrote.Solana's biggest competitor is the Ethereum blockchain, Cantor noted, but its technology is meaningfully better than its larger peer on every metric source: https://www.coindesk.com/markets/2025/06/16/solana-treasury-strategy-better-than-eth-firms-buying-sol-should-trade-at-premium-cantor