Key Notes
DFDV and Fragmetric Labs to establish South Korea’s first corporate Solana treasury.
Solana price fell 7% to $220 despite the announcement, with trading volume spiking 157%.
Weekly chart shows SOL testing $220-$260 resistance within a bullish rising triangle.
DeFi Development Corp., a Nasdaq-listed company, and Solana-based SOL $223.6 24h volatility: 6.8% Market cap: $121.47 B Vol. 24h: $9.77 B liquid staking platform Fragmetric Labs announced plans to establish South Korea’s first corporate Solana treasury.
The two firms will jointly acquire a publicly listed Korean company to launch the initiative, marking an important expansion of Solana’s presence in one of the world’s most active crypto markets.
We're extremely excited to announce that Fra