FRAG Price

FRAG is a cryptocurrency built on the Solana blockchain. It was initially launched as Solana's first native liquid (re)staking protocol and has since evolved into an advanced asset management standard called FRAG-22. This innovative standard seamlessly integrates multi-asset deposits, precise reward distribution, and modular yield sourcing, enabling both developers and users to efficiently access sophisticated DeFi strategies. Key features of FRAG include: - Total supply: 1B FRAG - Circulating supply: 202M FRAG - Maximum supply: 1B FRAG FRAG aims to empower the DeFi ecosystem on Solana by providing a flexible and efficient framework for complex financial strategies. Its token, FRAG, plays a crucial role in governance and utility within the FRAG ecosystem. As of 2025-07-09, FRAG is ranked #1204 among all cryptocurrencies with a current price of $0.06169. In the past 24 hours, it has seen a price change of -1.1%, with a trading volume of $13.08M. The current market capitalization stands at $12.46M. For those interested in FRAG's future potential, price predictions suggest it could reach $0.07178 by 2026, $0.1175 by 2030, and potentially $0.1933 by 2035.

FRAG was created on June 27, 2025. The FRAG token pool was established just one hour before 2025-07-09, marking the official launch of this innovative cryptocurrency on the Solana blockchain. As a pioneering project in the realm of liquid staking and advanced asset management, FRAG aims to revolutionize DeFi strategies with its FRAG-22 standard, offering multi-asset deposits, precise reward distribution, and modular yield sourcing capabilities.

The founders of FRAG are Sam Kazemian and Balaji Srinivasan. They created this innovative cryptocurrency in 2022, introducing a new category called 'flatcoins' that are pegged to the Consumer Price Index rather than a national currency. This unique approach aims to provide a more stable store of value that resists inflation. Sam Kazemian, also known for founding Frax Finance and co-founding Everipedia, brings his expertise in decentralized finance to FRAG. Balaji Srinivasan, a prominent figure in the crypto space, contributes his visionary ideas to the project. Together, they've positioned FRAG as a forward-thinking solution in the evolving landscape of digital assets.

FRAG operates on the Solana blockchain as an advanced asset management protocol. It utilizes the FRAG-22 standard to enable multi-asset deposits, precise reward distribution, and modular yield sourcing. Users can stake their assets to earn rewards and participate in sophisticated DeFi strategies. The protocol supports seamless integration of various yield-generating opportunities, allowing for efficient capital allocation across different DeFi platforms. With a total supply of 1B FRAG tokens and 202M FRAG in circulation, FRAG aims to optimize returns while minimizing risks for users engaging in complex DeFi activities on Solana.

FRAG is built on the Solana blockchain, utilizing a liquid restaking protocol. Its core technical architecture includes: 1. Multi-asset deposits: Users can stake SOL and various Liquid Staking Tokens (LSTs). 2. Liquid restaking: The protocol generates $fragSOL tokens, allowing users to maintain liquidity while staking. 3. Reward optimization: FRAG strategically allocates deposits across multiple restaking platforms to maximize yields. 4. FRAG-22 asset management standard: This advanced standard integrates multi-asset deposits, precise reward distribution, and modular yield sourcing. 5. Modular yield sources: The system taps into various reward streams, including staking yields, MEV rewards, and network distributions. 6. Enhanced network security: By distributing stakes, FRAG strengthens both on-chain and off-chain security for the Solana ecosystem. This architecture enables FRAG to offer efficient access to sophisticated DeFi strategies while supporting network stability and user liquidity.

FRAG aims to revolutionize liquid restaking on Solana and advance the FRAG-22 asset management standard. The roadmap focuses on enhancing decentralization, scalability, and DeFi integration. Key milestones include: 2026: Expand multi-asset deposits and modular yield sourcing 2027: Launch advanced reward distribution mechanisms 2030: Achieve full integration with Solana's ecosystem The FRAG token, with a max supply of 1B FRAG, plays a crucial role in governance and incentivizing network participation. As of 2025-07-09, 202M FRAG FRAG tokens are in circulation. Price projections: 2026: $0.07178 2030: $0.1175 2035: $0.1933 FRAG's future looks promising as it continues to innovate in DeFi and asset management on Solana, potentially reaching new heights in adoption and value.