Solana’s FRAG Token Debuts as First Native Liquid Restaking Protocol

The FRAG token by Fragmetric is set to make its market debut today as Solana's first native liquid restaking protocol, now rebranded under the FRAG-22 standard. This innovative project introduces modular yield tools aimed at redefining DeFi infrastructure. Market observers are anticipating strong initial interest due to Solana's resurgent ecosystem activity. The token's price discovery phase will be a critical test for demand in the competitive restaking space. As of July 2, 2025, the crypto community is closely watching how FRAG performs in its early trading stages, given its unique positioning within Solana's expanding DeFi landscape.

Fragmetric Airdrop Listing Date Today: What Will Be $FRAG Price?

Fragmetric's FRAG token makes its market debut as Solana's first native liquid restaking protocol, now rebranded under the FRAG-22 standard. The project introduces modular yield tools aimed at redefining DeFi infrastructure.

Market observers anticipate strong initial interest given Solana's resurgent ecosystem activity. The token's price discovery phase will test demand for innovative restaking mechanisms in a competitive LAYER 1 landscape.

Tokenized Stocks Launch on Major Crypto Exchanges and Solana DeFi

Backed Finance has unveiled xStocks, a platform delivering tokenized versions of over 60 traditional equities—including Apple, Amazon, and Microsoft—now accessible via Bybit, Kraken, and Solana's decentralized finance ecosystem. The MOVE marks a strategic convergence of legacy markets and blockchain infrastructure.

Bybit and Kraken's integration signals growing institutional appetite for hybrid financial products, while Solana's DeFi adoption underscores the network's expanding role in institutional-grade asset tokenization. Traders gain exposure to blue-chip stocks without leaving the crypto ecosystem.

PancakeSwap Unveils V3 Launch on Solana to Facilitate DeFi LPs and Traders

PancakeSwap, a leading decentralized crypto exchange, has rolled out its V3 liquidity pool on Solana, marking a strategic expansion into one of the fastest-growing blockchain ecosystems. The upgrade introduces concentrated liquidity provisioning, enabling liquidity providers to capture up to 84% of trading fees while offering traders swap rates as low as 0.01%.

The integration leverages Solana's high throughput and low-cost infrastructure, positioning PancakeSwap as a cost-efficient alternative in Solana's competitive DEX landscape. This move capitalizes on Solana's robust DeFi activity, with CLAMM pools now available for Solana-based tokens.

Solana Drops 7.8% Ahead of REX-Osprey SOL + Staking ETF Launch

Solana (SOL) tumbled 7.84% in 24 hours, underperforming a flat broader market as traders took profits ahead of tomorrow's groundbreaking ETF debut. The REX-Osprey SOL + Staking ETF (SSK) will become the first U.S.-listed fund combining direct SOL exposure with staking rewards—a structure that could reshape institutional crypto participation.

Technical charts reveal a classic 'sell the news' pattern, with SOL rejected at $157 resistance before establishing tentative support NEAR $146. The sell-off's timing suggests market makers may be rebalancing portfolios before the ETF's launch, which will stake approximately 40% of its SOL holdings to generate yield.

Unlike conventional crypto ETFs, this 1940 Act structure offers enhanced investor protections—a deliberate design choice targeting pension funds and endowments still wary of digital assets. The fund's dual approach (price appreciation plus staking yield) represents Wall Street's most sophisticated solana investment vehicle to date.