Solana Holds $176 Amid ETF Filing And Tokenized Fund Buzz
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2025
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Source: Benzinga
Solana's Recent Developments: Solana (SOL) is currently trading at $176.07, experiencing a 2.86% increase amid the filing of the first US Solana ETF and the upcoming launch of the Seeker phone, which will feature native token airdrops.
Institutional Growth and Mobile Innovations: The ETF, filed by Canary Digital, integrates staking solutions with Marinade Finance as the provider, while Solana Mobile aims to create a decentralized mobile platform to compete with major tech companies, highlighting Solana's potential for institutional-grade applications.
Analyst Views on DFDV
Wall Street analysts forecast DFDV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DFDV is 39.00 USD with a low forecast of 39.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 6.290
Low
39.00
Averages
39.00
High
39.00
Current: 6.290
Low
39.00
Averages
39.00
High
39.00
About DFDV
DeFi Development Corp., formerly Janover Inc., provides an artificial intelligence-powered online platform that connects with the commercial real estate industry. It provides data and software subscriptions, and value-added services to multifamily and commercial property professionals. It intends to provide investors with a way to access the Solana ecosystem. Its key treasury disclosures, including Solana balances, SOL per share, and other key metrics provide public market investors with clear visibility into treasury positioning. It serves over one million Web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts, debt funds, Fannie Mae and Freddie Mac multifamily lenders, FHA multifamily lenders, and more.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
