Fragmetric says protocol operations, BTC withdrawals to continue

Fragmetric (FRAG), a Solana (SOL)-based liquid restaking protocol that recently faced community backlash for abruptly halting its points program, announced via its official X account that protocol operations will continue independently of the points program. The team added that the FRAG buyback is also ongoing. Regarding withdrawal delays for fragBTC, Fragmetric explained that this is unrelated to the protocol itself. The issue stems from the fragBTC termination process, where Solv Protocol (SOLV) is handling withdrawals via zBTC, which is taking longer than initially expected. Fragmetric stated it is working with the Solv team to continue supporting withdrawals. "We understand the importance of communication and apologize for the confusion our previous announcement caused," the team added. The statement follows widespread community criticism of what many called an irresponsible response to the sudden program suspension and withdrawal problems.