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Cantor: Using SOL as a reserve strategy is better than ETH, and companies that buy SOL should trade at a premium

According to online reports, Wall Street firm Cantor rated Solana financial companies DeFi Development, Upexi and Sol Strategies for the first time and gave them an overweight rating. The broker has a price target of $45 for DeFi Development,$54 for Sol Strategies and $16 for Upexi. "We believe SOL Finance is betting that the future of finance will be on the chain, and the preferred chain will be Solana," analysts led by Thomas Shinske wrote. Cantor pointed out that Solana's biggest competitor is the Ethereum blockchain, but its technology is much better than its larger counterparts in every measure, and using Solana as a financial asset makes more sense than using Ether. "Developer growth on SOL has far exceeded developer growth on ETH recently, and we expect this to continue," analysts wrote.

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