Leading global financial services firm, Cantor Fitzgerald, has initiated coverage on three major firms, DeFi Development Corporation, Upexi Inc, and $SOL Strategies Inc with an "overweight" rating, highlighting their strategic investments in Solana ($SOL) as a superior alternative to Ethereum (ETH) for corporate treasuries.

Key points:

• Strategic Shift: These firms are adopting Solana over Ethereum, aligning with the belief that the future of finance will be on-chain, with Solana emerging as the chain of choice.

• Premium Valuation: Cantor suggests that companies holding substantial $SOL positions should trade at a premium to their net asset value (NAV), reflecting the growing institutional confidence in Solana's ecosystem.

• Targeted Growth: Price targets have been set at $45 for DeFi Development, C$54 for $Sol Strategies, and $16 for Upexi, indicating strong growth potential based on their Solana holdings.

At DigitalX, we hold one of the largest known Solana positions globally, with 125,456 $SOL in our treasury, reflecting our conviction in the long-term value of this ecosystem.

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