DeFi Firm Publishes Framework Targeting $10,000 SOL

DeFi Development Corp., a public company with a treasury strategy focused on Solana (SOL), published a new valuation framework for Layer 1 tokens. The research piece, titled "SOL and the Digital City," introduces a model that departs from traditional valuation methods. Based on this new framework, the company has set a price target of $10,000 for SOL.