• bitcoinBitcoin (BTC) $ 113,763.00
  • ethereumEthereum (ETH) $ 3,553.28
  • xrpXRP (XRP) $ 3.01
  • tetherTether (USDT) $ 0.999545
  • bnbBNB (BNB) $ 759.35
  • solanaSolana (SOL) $ 165.76
  • usd-coinUSDC (USDC) $ 0.999681
  • staked-etherLido Staked Ether (STETH) $ 3,550.07
  • dogecoinDogecoin (DOGE) $ 0.206818
  • tronTRON (TRX) $ 0.326022
  • cardanoCardano (ADA) $ 0.727412
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 113,690.00
  • wrapped-stethWrapped stETH (WSTETH) $ 4,294.31
  • hyperliquidHyperliquid (HYPE) $ 37.63
  • suiSui (SUI) $ 3.56
  • stellarStellar (XLM) $ 0.393593
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,822.39
  • chainlinkChainlink (LINK) $ 16.33
  • bitcoin-cashBitcoin Cash (BCH) $ 539.54
  • hedera-hashgraphHedera (HBAR) $ 0.247331
  • wrapped-eethWrapped eETH (WEETH) $ 3,808.51
  • avalanche-2Avalanche (AVAX) $ 21.81
  • the-open-networkToncoin (TON) $ 3.61
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • leo-tokenLEO Token (LEO) $ 8.95
  • wethWETH (WETH) $ 3,556.96
  • litecoinLitecoin (LTC) $ 105.19
  • usdsUSDS (USDS) $ 0.999239
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999612
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 113,763.00
  • whitebitWhiteBIT Coin (WBT) $ 42.60
  • moneroMonero (XMR) $ 304.61
  • uniswapUniswap (UNI) $ 9.09
  • polkadotPolkadot (DOT) $ 3.59
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.31
  • pepePepe (PEPE) $ 0.000011
  • crypto-com-chainCronos (CRO) $ 0.133755
  • aaveAave (AAVE) $ 257.54
  • daiDai (DAI) $ 0.999782
  • ethenaEthena (ENA) $ 0.588351
  • bittensorBittensor (TAO) $ 347.35
  • pi-networkPi Network (PI) $ 0.406483
  • ethereum-classicEthereum Classic (ETC) $ 19.99
  • nearNEAR Protocol (NEAR) $ 2.44
  • ondo-financeOndo (ONDO) $ 0.902991
  • aptosAptos (APT) $ 4.25
  • okbOKB (OKB) $ 46.68
  • internet-computerInternet Computer (ICP) $ 5.09
  • jito-staked-solJito Staked SOL (JITOSOL) $ 202.63
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • mantleMantle (MNT) $ 0.703363
  • kaspaKaspa (KAS) $ 0.086921
  • usd1-wlfiUSD1 (USD1) $ 0.999308
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,555.14
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.033123
  • algorandAlgorand (ALGO) $ 0.239509
  • bonkBonk (BONK) $ 0.000026
  • gatechain-tokenGate (GT) $ 16.87
  • fasttokenFasttoken (FTN) $ 4.58
  • arbitrumArbitrum (ARB) $ 0.383128
  • vechainVeChain (VET) $ 0.022895
  • cosmosCosmos Hub (ATOM) $ 4.18
  • render-tokenRender (RENDER) $ 3.55
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.199624
  • story-2Story (IP) $ 6.05
  • worldcoin-wldWorldcoin (WLD) $ 0.973469
  • binance-staked-solBinance Staked SOL (BNSOL) $ 177.08
  • official-trumpOfficial Trump (TRUMP) $ 8.79
  • susdssUSDS (SUSDS) $ 1.06
  • skySky (SKY) $ 0.078922
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,043.85
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.639228
  • sei-networkSei (SEI) $ 0.287455
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.90
  • flare-networksFlare (FLR) $ 0.022885
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 113,728.00
  • filecoinFilecoin (FIL) $ 2.32
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,730.81
  • xdce-crowd-saleXDC Network (XDC) $ 0.096655
  • spx6900SPX6900 (SPX) $ 1.58
  • usdtbUSDtb (USDTB) $ 0.999682
  • jupiter-exchange-solanaJupiter (JUP) $ 0.464073
  • usdt0USDT0 (USDT0) $ 0.999589
  • kucoin-sharesKuCoin (KCS) $ 10.67
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,741.12
  • nexoNEXO (NEXO) $ 1.30
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,842.29
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,798.08
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.993098
  • hash-2Provenance Blockchain (HASH) $ 0.026749
  • injective-protocolInjective (INJ) $ 12.70
  • curve-dao-tokenCurve DAO (CRV) $ 0.898252
  • blockstackStacks (STX) $ 0.690551
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999366
  • falcon-financeFalcon USD (USDF) $ 0.999598
  • celestiaCelestia (TIA) $ 1.63
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,742.90
  • optimismOptimism (OP) $ 0.650729
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 113,424.00
  • flokiFLOKI (FLOKI) $ 0.000108
  • conflux-tokenConflux (CFX) $ 0.199927
  • wbnbWrapped BNB (WBNB) $ 759.64
  • paypal-usdPayPal USD (PYUSD) $ 0.999549
  • fartcoinFartcoin (FARTCOIN) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999717
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 187.12
  • sonic-3Sonic (S) $ 0.308556
  • saros-financeSaros (SAROS) $ 0.373658
  • the-graphThe Graph (GRT) $ 0.091431
  • immutable-xImmutable (IMX) $ 0.501794
  • pax-goldPAX Gold (PAXG) $ 3,344.82
  • pump-funPump.fun (PUMP) $ 0.002623
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 113,777.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.61
  • dogwifcoindogwifhat (WIF) $ 0.899299
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 113,038.00
  • msolMarinade Staked SOL (MSOL) $ 217.80
  • kaiaKaia (KAIA) $ 0.145510
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.60
  • lido-daoLido DAO (LDO) $ 0.921145
  • tether-goldTether Gold (XAUT) $ 3,337.15
  • tezosTezos (XTZ) $ 0.762727
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.22
  • vaultaVaulta (A) $ 0.503921
  • theta-tokenTheta Network (THETA) $ 0.767348
  • super-oethSuper OETH (SUPEROETH) $ 3,556.09
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,743.86
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,795.35
  • jasmycoinJasmyCoin (JASMY) $ 0.015020
  • iotaIOTA (IOTA) $ 0.182994
  • raydiumRaydium (RAY) $ 2.66
  • ousgOUSG (OUSG) $ 112.01
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,547.65
  • galaGALA (GALA) $ 0.015117
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997557
  • aerodrome-financeAerodrome Finance (AERO) $ 0.768261
  • pendlePendle (PENDLE) $ 3.96
  • tbtctBTC (TBTC) $ 113,706.00
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • the-sandboxThe Sandbox (SAND) $ 0.266593
  • pyth-networkPyth Network (PYTH) $ 0.112104
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,556.73
  • jito-governance-tokenJito (JTO) $ 1.69
  • ripple-usdRipple USD (RLUSD) $ 0.999402
  • memecoreMemeCore (M) $ 0.361459
  • newton-projectAB (AB) $ 0.008347
  • zcashZcash (ZEC) $ 36.34
  • usual-usdUsual USD (USD0) $ 0.997378
  • flowFlow (FLOW) $ 0.361686
  • usddUSDD (USDD) $ 0.999251
  • stader-ethxStader ETHx (ETHX) $ 3,787.56
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 113,893.00
  • walrus-2Walrus (WAL) $ 0.385148
  • heliumHelium (HNT) $ 2.89
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,557.32
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.206602
  • decentralandDecentraland (MANA) $ 0.275479
  • beldexBeldex (BDX) $ 0.073255
  • morphoMorpho (MORPHO) $ 1.62
  • bitcoin-svBitcoin SV (BSV) $ 26.08
  • syrupMaple Finance (SYRUP) $ 0.428234
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 113,511.00
  • based-brettBrett (BRETT) $ 0.051000
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,917.70
  • build-onBUILDon (B) $ 0.501339
  • chain-2Onyxcoin (XCN) $ 0.014370
  • true-usdTrueUSD (TUSD) $ 0.996581
  • mog-coinMog Coin (MOG) $ 0.000001
  • coredaoorgCore (CORE) $ 0.477442
  • swethSwell Ethereum (SWETH) $ 3,896.87
  • apenftAPENFT (NFT) $ 0.00000047
  • thorchainTHORChain (RUNE) $ 1.30
  • savings-daiSavings Dai (SDAI) $ 1.16
  • apecoinApeCoin (APE) $ 0.558278
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007578
  • starknetStarknet (STRK) $ 0.114698
  • telcoinTelcoin (TEL) $ 0.004713
  • arweaveArweave (AR) $ 6.63
  • frax-etherFrax Ether (FRXETH) $ 3,549.50
  • tokenize-xchangeTokenize Xchange (TKX) $ 5.35
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.77
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.997815
  • kavaKava (KAVA) $ 0.382117
  • compound-governance-tokenCompound (COMP) $ 44.10
  • dydx-chaindYdX (DYDX) $ 0.545412
  • ether-fiEther.fi (ETHFI) $ 0.983840
  • sun-tokenSun Token (SUN) $ 0.021424
  • zebec-networkZebec Network (ZBCN) $ 0.004765
  • hashnote-usycCircle USYC (USYC) $ 1.10
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,553.08
  • neoNEO (NEO) $ 5.81
  • rekt-4Rekt (REKT) $ 0.00000098
  • tripTrip (TRIP) $ 13.78
  • dexeDeXe (DEXE) $ 7.08
  • aioz-networkAIOZ Network (AIOZ) $ 0.340631
  • usdbUSDB (USDB) $ 0.995397

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

0 13

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.



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