DeFi Technologies has established SolFi, a new company dubbed as a 'Microstrategy for Solana'. SolFi, a spin-off of DeFi Technologies, is dedicated to offering investors direct exposure to the Solana blockchain ecosystem through trading, validator node operations, and ecosystem investments. The company aims to outperform existing SOL staking platforms by generating higher yields on staked SOL. By staking Solana with DeFi Technologies' validator and MEV engine, SolFi Technologies plans to generate consistent cash flow at superior yields compared to third-party providers. Similar to Microstrategy, SolFi will focus on cash flow generation and utilize capital markets for financing to expand its treasury and staking operations rapidly. Investors are optimistic about Solana's future, with many predicting a peak of over $600 before the cycle ends. DeFi Technologies' acquisition of Stillman Digital is expected to transform the Canadian crypto platform into a smaller version of Galaxy Digital. Read more AI-generated news on: https://app.chaingpt.org/news