menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Cantor Fit...
source image

Coindoo

4w

read

421

img
dot

Image Credit: Coindoo

Cantor Fitzgerald Bets on Solana as Ethereum Rival in Treasury Strategy

  • Investment bank Cantor Fitzgerald is betting on Solana as an Ethereum rival in treasury strategy, following a trend of companies positioning Solana as a strategic blockchain asset.
  • Cantor analysts noted Solana's increasing developer activity outpacing Ethereum, suggesting companies see Solana's growth potential surpassing that of Ethereum despite its smaller market cap.
  • Solana is preferred over Ethereum due to its network advantages like speed and throughput, making it more suitable for real-world transactions.
  • Cantor Fitzgerald views Solana as essential digital finance infrastructure for transaction facilitation and marketplace operations within the digital economy.
  • The bank believes companies holding Solana in their treasury are positioning themselves for a future where finance is conducted on-chain, with Solana's infrastructure supporting these operations more effectively than Ethereum.

Read Full Article

like

24 Likes

For uninterrupted reading, download the app