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.