According to analyst Thomas Shinske from Cantor Fitzgerald, Solana’s utility in finance positions it well for rapid growth as financial applications expand. Staking rewards give it an advantage over Bitcoin as a treasury asset.
Shinske points out that three Solana-focused companies could each raise around $250 million annually, resulting in notable stock price increases after the report. This strengthens Solana’s appeal in the institutional finance sector.
Unlike Bitcoin, Solana allows direct staking of assets, which analysts believe can lead to faster growth in value per share for treasury companies. Despite current volatility, Solana is being positioned for greater institutional interest.
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