DeFi Development Corp said it signed a letter of intent with Frametric Labs to launch “DFDV Korea,” framed as the country’s first Solana Digital Asset Treasury. The plan uses an acquisition of a publicly listed Korean company to house the vehicle.
The company outlined a Treasury Accelerator model under which it would provide asset management, accounting, and technology services to the Korean entity. In return, it expects an equity stake and service-fee revenue
DeFi Development also disclosed that its own treasury policy now allocates its principal reserve to SOL and that it operates validator infrastructure to earn staking rewards and delegation fees.
DFDV–ZeroStack collaboration moves ahead
DeFi Development announced a strategic collaboration with ZeroStack, the rebrand path from Flora Growth tied to the 0G decentralized-AI project. The arrangement includes operational support and an equity component.
The partners said they aim to build a bridge between the 0G network and the Solana ecosystem to support decentralized AI applications. The company scheduled an X Spaces briefing for Sep 23 to discuss the deal and other Treasury Accelerator items.
The background to the tie-up includes last week’s disclosure that Flora Growth plans to rebrand to ZeroStack and assembled a $401 million treasury to back 0G, positioning treasury resources around AI-blockchain infrastructure.
Helius Medical Technologies said it began purchasing SOL as part of a corporate strategy update. The company announced the first acquisition today and framed the exposure within a broader treasury approach.
Company materials describe ongoing capacity to add to holdings, with disclosures posted via GlobeNewswire and the firm’s investor-relations site. Today’s notice comes amid rising corporate-treasury interest in Solana.
Solana daily chart forms rising wedge on Monday
Solana’s SOL/USDT daily chart (Coinbase pair) is time-stamped Monday, September 22, 2025, 15:40 Coordinated Universal Time and shows price at $220.62, down 6.64 percent on the session. The structure advances inside two converging trend lines from late July, while the 50-day Exponential Moving Average sits near $209.53. The latest candle tagged the wedge’s lower rail and closed above the average, so the pattern remains active.
A rising wedge is a contracting uptrend where higher highs and higher lows converge, often signaling fading momentum that can break either way depending on confirmation. Here, the upper boundary caps the recent push from early September, and the lower boundary has guided higher lows since August. Volume cooled relative to early September, which fits a late-stage wedge as range tightens into resistance.
If buyers confirm an upside break—meaning a daily close above the wedge’s top line with follow-through—then the measured objective implies about 46 percent from the current $220.62 toward roughly $322.11, which aligns with the horizontal level plotted near $320.88 on the chart. Alternatively, failure to reclaim the upper boundary risks another test of the $209.53 50-day Exponential Moving Average and the wedge base.
Solana daily MACD turns negative on Monday
The Solana daily chart’s Moving Average Convergence Divergence (MACD) indicator shows momentum flipping negative on Monday, September 22, 2025. The MACD histogram prints −1.68 while the MACD line reads 9.50 and the signal line stands at 11.17, which means the MACD line sits below the signal line and confirms a downside crossover. Consequently, bearish momentum dominates the latest session as the histogram moves below zero.
By definition, the Moving Average Convergence Divergence tracks the difference between a fast and a slow exponential moving average to gauge trend strength and direction. Here, the blue MACD line rolled over after a late-summer surge and now curves down beneath the orange signal line, matching the histogram’s shift from green to red bars. This sequence typically reflects a transition from strong upside impulse to cooling or corrective conditions on the daily timeframe.
Looking ahead in indicator terms, traders often watch whether the histogram extends further below zero and whether the MACD line continues to diverge from the signal line. Continued separation would suggest persistent negative momentum; conversely, a flattening histogram and a hook back toward the signal line would indicate momentum stabilization. For now, the daily readout remains net-negative and keeps attention on whether the next sessions produce a zero-line test or a quick recross.
The Solana daily Relative Strength Index reads 48.99 on Monday, September 22, 2025, while the RSI moving average sits near 64.54. This move pushes momentum back under the 50-level midline, which often marks a shift from bullish to neutral-bearish conditions. The indicator turned down after early-September overbought tests and now shows sellers gaining initiative on the daily timeframe.
Moreover, the drop comes after a short series of lower RSI highs, which signals waning upside pressure even as price attempted to advance. Because the moving average remains elevated above the spot RSI, the gap highlights still-cooling momentum. Until RSI reclaims and holds above 50, the bias on this timeframe stays cautious.
Looking ahead in indicator terms, traders usually watch the 40–45 support band on daily RSI for stabilization. A sustained rebound through 50, followed by a higher RSI low, would indicate improving impulse. Conversely, continued prints below 45 would confirm persistent downside momentum. For now, the indicator favors consolidation or further cooling unless buyers quickly repair the midline.