Cantor Fitzgerald Expects 75% Upside in Solana Treasury Stocks

Solana (SOL) experienced a recent price decline, falling below the $150 mark after a sharp sell-off, though it remains above key support levels with some traders watching for further downside. Despite this short-term volatility, institutional investors and analysts from Cantor Fitzgerald remain bullish on Solana's long-term prospects, emphasizing its superior technical performance compared to Ethereum, including higher transaction throughput and lower fees. Cantor Fitzgerald initiated coverage on three public companies holding significant Solana treasury assets—DeFi Development Corp (DFDV), Upexi (UPXI), and SOL Strategies (HODL)—assigning them 'overweight' ratings with price targets implying potential stock gains of up to 75%. These firms benefit from Solana’s growing adoption in decentralized finance and its efficient, all-in-one blockchain design that avoids Ethereum’s scaling challenges. DeFi Development Corp was highlighted as particularly well-positioned due to its crypto-native management, validator infrastructure, and ability to raise substantial capital at premiums, while Upexi and SOL Strategies also show strong capital-raising potential despite differences in ecosystem involvement. Analysts note that Solana treasury companies can increase their SOL holdings organically through staking rewards, providing an additional growth mechanism beyond price appreciation.