A recent report by Cantor Fitzgerald analyst Thomas Shinske emphasizes the growing potential of Solana-linked companies in the financial sector, highlighting their venture strategies.
Cryptocurrency Market and Solana
In his analysis, Shinske argues that increased liquidity, low transaction costs, and staking rewards give SOL a competitive edge over other cryptocurrencies in the treasury asset market. He believes Solana is better suited for institutional finance, especially as the industry explores tokenized securities.
Solana Companies and Their Prospects
Shinske pointed to several firms poised to benefit from Solana's rise, with DeFi Development Corp. expected to raise $250 million annually at a 250% premium to net asset value (NAV). Nasdaq-listed Upexi Inc. and SOL Strategies Inc. are also projected to experience similar growth in capital raising.
Staking Advantages for Growth
Solana allows token holders to stake their assets directly, earning rewards without diluting equity. Shinske states that this gives SOL treasury firms a structural advantage in profitability growth compared to Bitcoin treasury companies.
Cantor Fitzgerald's endorsement may lead to increased institutional interest in Solana-linked companies, especially if their financial application usage continues to develop.
