• bitcoinBitcoin (BTC) $ 106,903.00
  • ethereumEthereum (ETH) $ 2,568.26
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.23
  • bnbBNB (BNB) $ 651.82
  • solanaSolana (SOL) $ 150.46
  • usd-coinUSDC (USDC) $ 0.999746
  • tronTRON (TRX) $ 0.273794
  • dogecoinDogecoin (DOGE) $ 0.172331
  • staked-etherLido Staked Ether (STETH) $ 2,564.37
  • cardanoCardano (ADA) $ 0.630170
  • hyperliquidHyperliquid (HYPE) $ 42.35
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 106,738.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,097.73
  • suiSui (SUI) $ 2.99
  • bitcoin-cashBitcoin Cash (BCH) $ 466.51
  • chainlinkChainlink (LINK) $ 13.57
  • leo-tokenLEO Token (LEO) $ 9.25
  • stellarStellar (XLM) $ 0.260693
  • avalanche-2Avalanche (AVAX) $ 19.06
  • whitebitWhiteBIT Coin (WBT) $ 51.66
  • the-open-networkToncoin (TON) $ 2.96
  • usdsUSDS (USDS) $ 0.999816
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wrapped-eethWrapped eETH (WEETH) $ 2,742.17
  • wethWETH (WETH) $ 2,565.28
  • litecoinLitecoin (LTC) $ 86.73
  • hedera-hashgraphHedera (HBAR) $ 0.153576
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998946
  • moneroMonero (XMR) $ 321.06
  • ethena-usdeEthena USDe (USDE) $ 0.999839
  • polkadotPolkadot (DOT) $ 3.85
  • bitget-tokenBitget Token (BGB) $ 4.53
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 106,796.00
  • uniswapUniswap (UNI) $ 7.55
  • pepePepe (PEPE) $ 0.000010
  • pi-networkPi Network (PI) $ 0.582221
  • aaveAave (AAVE) $ 279.00
  • daiDai (DAI) $ 0.999718
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 360.87
  • okbOKB (OKB) $ 51.55
  • aptosAptos (APT) $ 4.66
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • internet-computerInternet Computer (ICP) $ 5.42
  • nearNEAR Protocol (NEAR) $ 2.25
  • crypto-com-chainCronos (CRO) $ 0.090621
  • tokenize-xchangeTokenize Xchange (TKX) $ 32.96
  • jito-staked-solJito Staked SOL (JITOSOL) $ 181.92
  • ethereum-classicEthereum Classic (ETC) $ 16.97
  • ondo-financeOndo (ONDO) $ 0.781315
  • susdssUSDS (SUSDS) $ 1.06
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • mantleMantle (MNT) $ 0.617235
  • kaspaKaspa (KAS) $ 0.076325
  • gatechain-tokenGate (GT) $ 16.29
  • official-trumpOfficial Trump (TRUMP) $ 9.72
  • fasttokenFasttoken (FTN) $ 4.43
  • vechainVeChain (VET) $ 0.022216
  • skySky (SKY) $ 0.089491
  • cosmosCosmos Hub (ATOM) $ 4.14
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 106,012.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.199750
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.684864
  • ethenaEthena (ENA) $ 0.293525
  • render-tokenRender (RENDER) $ 3.40
  • filecoinFilecoin (FIL) $ 2.47
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,563.17
  • arbitrumArbitrum (ARB) $ 0.319246
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.43
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998448
  • worldcoin-wldWorldcoin (WLD) $ 0.936574
  • algorandAlgorand (ALGO) $ 0.175165
  • usdtbUSDtb (USDTB) $ 0.999996
  • kucoin-sharesKuCoin (KCS) $ 11.15
  • spx6900SPX6900 (SPX) $ 1.47
  • binance-staked-solBinance Staked SOL (BNSOL) $ 159.58
  • nexoNEXO (NEXO) $ 1.23
  • jupiter-exchange-solanaJupiter (JUP) $ 0.416055
  • flare-networksFlare (FLR) $ 0.017996
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,917.18
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.83
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,686.12
  • fartcoinFartcoin (FARTCOIN) $ 1.16
  • celestiaCelestia (TIA) $ 1.70
  • bonkBonk (BONK) $ 0.000015
  • injective-protocolInjective (INJ) $ 11.53
  • sonic-3Sonic (S) $ 0.338070
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • story-2Story (IP) $ 3.48
  • optimismOptimism (OP) $ 0.583892
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.998970
  • newton-projectAB (AB) $ 0.015434
  • sei-networkSei (SEI) $ 0.175648
  • blockstackStacks (STX) $ 0.637946
  • xdce-crowd-saleXDC Network (XDC) $ 0.059087
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,732.76
  • paypal-usdPayPal USD (PYUSD) $ 0.999808
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,690.09
  • kaiaKaia (KAIA) $ 0.156113
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 106,447.00
  • wbnbWrapped BNB (WBNB) $ 651.22
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 106,680.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,700.01
  • pax-goldPAX Gold (PAXG) $ 3,432.30
  • tether-goldTether Gold (XAUT) $ 3,406.35
  • the-graphThe Graph (GRT) $ 0.087443
  • dogwifcoindogwifhat (WIF) $ 0.831179
  • vaultaVaulta (A) $ 0.526507
  • clbtcclBTC (CLBTC) $ 107,089.00
  • immutable-xImmutable (IMX) $ 0.441538
  • curve-dao-tokenCurve DAO (CRV) $ 0.601272
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 167.77
  • flokiFLOKI (FLOKI) $ 0.000077
  • lido-daoLido DAO (LDO) $ 0.824203
  • msolMarinade Staked SOL (MSOL) $ 195.78
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.29
  • jito-governance-tokenJito (JTO) $ 2.16
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,766.94
  • ousgOUSG (OUSG) $ 111.45
  • theta-tokenTheta Network (THETA) $ 0.702520
  • zcashZcash (ZEC) $ 42.33
  • ethereum-name-serviceEthereum Name Service (ENS) $ 20.55
  • galaGALA (GALA) $ 0.014920
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999576
  • bittorrentBitTorrent (BTT) $ 0.00000067
  • aerodrome-financeAerodrome Finance (AERO) $ 0.786427
  • the-sandboxThe Sandbox (SAND) $ 0.266570
  • iotaIOTA (IOTA) $ 0.168994
  • pendlePendle (PENDLE) $ 3.97
  • bitcoin-svBitcoin SV (BSV) $ 32.32
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010067
  • jasmycoinJasmyCoin (JASMY) $ 0.012979
  • walrus-2Walrus (WAL) $ 0.459447
  • usual-usdUsual USD (USD0) $ 0.997912
  • wrapped-hypeWrapped HYPE (WHYPE) $ 42.22
  • pyth-networkPyth Network (PYTH) $ 0.106876
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 106,069.00
  • tezosTezos (XTZ) $ 0.563484
  • coredaoorgCore (CORE) $ 0.578936
  • raydiumRaydium (RAY) $ 2.16
  • syrupMaple Finance (SYRUP) $ 0.531158
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,567.91
  • super-oethSuper OETH (SUPEROETH) $ 2,563.88
  • falcon-financeFalcon USD (USDF) $ 0.998956
  • flowFlow (FLOW) $ 0.351620
  • tbtctBTC (TBTC) $ 106,440.00
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,735.50
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,673.78
  • apecoinApeCoin (APE) $ 0.668310
  • saros-financeSaros (SAROS) $ 0.202962
  • thorchainTHORChain (RUNE) $ 1.51
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 106,929.00
  • decentralandDecentraland (MANA) $ 0.264655
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,566.59
  • compound-governance-tokenCompound (COMP) $ 55.39
  • chain-2Onyxcoin (XCN) $ 0.014777
  • dexeDeXe (DEXE) $ 8.76
  • true-usdTrueUSD (TUSD) $ 0.997742
  • staked-hypeStaked HYPE (STHYPE) $ 42.28
  • kavaKava (KAVA) $ 0.435687
  • morphoMorpho (MORPHO) $ 1.45
  • heliumHelium (HNT) $ 2.42
  • grassGrass (GRASS) $ 1.53
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.171902
  • based-brettBrett (BRETT) $ 0.044463
  • beldexBeldex (BDX) $ 0.061069
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999700
  • usddUSDD (USDD) $ 1.00
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 38.17
  • apenftAPENFT (NFT) $ 0.00000042
  • aioz-networkAIOZ Network (AIOZ) $ 0.349459
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • usdbUSDB (USDB) $ 1.00
  • starknetStarknet (STRK) $ 0.122056
  • ripple-usdRipple USD (RLUSD) $ 0.999823
  • dydx-chaindYdX (DYDX) $ 0.512100
  • axelarAxelar (AXL) $ 0.408171
  • ether-fiEther.fi (ETHFI) $ 1.07
  • ketKet (KET) $ 0.399157
  • neoNEO (NEO) $ 5.65
  • elrond-erd-2MultiversX (EGLD) $ 14.01
  • zebec-networkZebec Network (ZBCN) $ 0.004578
  • stader-ethxStader ETHx (ETHX) $ 2,725.49
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006742
  • ecasheCash (XEC) $ 0.000020
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,559.90
  • eosEOS (EOS) $ 0.531084
  • conflux-tokenConflux (CFX) $ 0.075668
  • axie-infinityAxie Infinity (AXS) $ 2.34
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.998289
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.003748
  • arweaveArweave (AR) $ 5.70
  • movementMovement (MOVE) $ 0.142151
  • mog-coinMog Coin (MOG) $ 0.00000094
  • aethirAethir (ATH) $ 0.036413
  • eigenlayerEigenlayer (EIGEN) $ 1.17

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

0 1

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

Cantor initiated coverage of the three largest solana

SOL$157.15 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.

“Developer growth on SOL has far exceeded that on ETH recently, and we expect this to continue,” the authors wrote.

Therefore, using solana as a treasury asset makes more sense than using ether

ETH$2,645.51, the report said.

The report added that companies that have adopted solana as a treasury asset believe that the crypto can overtake ether, which currently has a market cap 2.5 times larger than SOL.



Source

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