Maxim analyst Matthew Galinko assumed coverage of Solana Company (HSDT) with a Buy rating and $4 price target Solana is a compelling digital asset due to its high throughput architecture, low latency and transaction costs, which collectively enable high- frequency, large-scale applications across DeFi, payments, tokenization, and consumer use cases, the analyst tells investors in a research note. The company has both an ATM facility and a buyback authorization to allow for maximizing returns on the treasury across market conditions, Maxim added.
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