DeFi Firm Sets $10,000 Solana Price Target
DeFi Development Corp. has published a new valuation framework for Layer 1 tokens that sets a price target of $10,000 for Solana (SOL). The company, which uses a treasury strategy to accumulate SOL, introduced its new model in a research paper titled "SOL and the Digital City."
- As of February 23, 2026, Solana (SOL) trades around $80, which is approximately 73% below its all-time high of about $294. - The valuation model from DeFi Development Corp. is called the DFDV (Demand-Float Derived Valuation) model, which treats the Solana network as a "digital city." - The firm's model argues that traditional financial valuation tools are not suitable for Layer 1 tokens like SOL. It bases the $10,000 target on the idea that roughly 90% of SOL's supply is illiquid due to staking, DeFi usage, and institutional holdings, creating scarcity. - DeFi Development Corp. (Nasdaq: DFDV) is a public company that aims to give shareholders exposure to SOL's price and staking rewards by accumulating the token in its corporate treasury. - Other analyst predictions for Solana vary significantly, with some 2026 forecasts ranging from $111 to $450 and a 2030 forecast from Standard Chartered projecting a price of $2,000. - One analyst, who previously predicted a sell-off, suggests SOL could fall to a $30-$50 range before potentially surging to $1,000 by 2027. - The DFDV model projects future demand for SOL from four main areas: collateral for real-world asset (RWA) settlement, stablecoin reserves, agentic AI, and network-native consumer activity. - Solana is a decentralized blockchain platform known for high transaction speeds and low fees, which it achieves through a combination of Proof of Stake and a proprietary Proof of History (PoH) consensus mechanism.
