A recent report by Cantor Fitzgerald highlights Solana's growing role in institutional finance, forecasting significant growth among SOL-focused treasury firms.
Institutional Opportunities with Solana
Cantor Fitzgerald initiated formal coverage of Solana-linked firms with an 'overweight' rating. Analyst Thomas Shinske emphasized Solana's key advantages, including low transaction costs, increased liquidity, and staking capabilities.
Treasury Firms' Growth Potential on Solana
Among the companies with significant upside is DeFi Development Corp., estimated to potentially raise up to $250 million annually. Other participants include Upexi Inc. and SOL Strategies Inc., which could generate similar amounts.
Market Outlook and Asset Volatility
While Solana has promising fundamentals, Shinske noted the asset's volatility and lower total value locked compared to Ethereum. SOL is currently trading around $157, down 19% year-to-date.
Cantor Fitzgerald's discussion of Solana opens new perspectives for institutional investors. Its unique properties could lead to growth for treasury firms, though volatility remains a crucial factor to consider.
