Group 1 - DeFi Development Corp. and Fragmetric Labs are establishing South Korea's first corporate Solana treasury by acquiring a publicly listed Korean company, expanding Solana's presence in the crypto market [1] - The initiative is part of DFDV's Treasury Accelerator program aimed at funding digital asset treasuries globally and enhancing Solana's per-share growth [2] - DFDV recently invested $22.88 million in cannabis company Flora Growth, which is rebranding to ZeroStack to accumulate Solana, and currently holds over 2 million SOL valued at nearly $500 million [3] Group 2 - Despite the positive news, Solana's price dropped over 7% to $220, with trading volumes increasing by more than 150% as traders took short positions [4] - Solana is approaching a critical resistance zone between $220 and $260, which previously acted as a barrier during the 2021 bull run, forming a rising triangle pattern [5] - Momentum indicators suggest potential upside for Solana, with RSI above 60 and MACD in bullish territory, indicating a possible rally towards $300 and $380 if it breaks above $260 [6] Group 3 - Analysts believe that Solana's expanding treasury base, now exceeding $4.3 billion, could lead to significant price increases, potentially reaching $1,000 in the next cycle [7]