MemeStrategy Invests in Solana: Confidence in the Future of Blockchain
Date: 2025-06-17 Author: Henry Casey Categories: BUSINESS
MemeStrategy, a Hong Kong-based digital asset company, has purchased 2,440 Solana for about $369,000. The deal was conducted through the OSL Group cryptocurrency platform and has attracted the interest of the crypto community. This is due to the fact that this is the first such deal with Solana for Hong Kong companies.
According to MemeStrategy CEO Ray Chan, this purchase reflects the company's strategic course on the development of future technologies - artificial intelligence, blockchain and Web3. He noted that such a move is dictated by confidence in the long-term potential of the Solana network and its importance for new technological solutions.
After the information about the acquisition of Solana appeared, the cryptocurrency rate showed growth. At the time of publication, Solana was trading at around $156.99, up 8% from the previous day. However, the price is still far from the all-time high of $260 recorded earlier.
Now MemeStrategy has joined the list of companies that are openly investing in Solana. This list includes such organizations as DeFi Development Corporation, Upexi Inc., and Classover. It is known that DeFi Development Corporation already owns more than 609 thousand SOL, which highlights the growing interest of institutional investors in this asset.
In addition, the market is eagerly awaiting the decision of the US regulator on applications from Canary Capital, Grayscale Investments, and Bitwise. These companies have submitted documents to the US Securities and Exchange Commission asking to approve the launch of spot SOL-ETFs. The emergence of such funds could significantly strengthen Solana's position in the crypto market and increase its attractiveness to large investors.
Thus, the purchase of MemeStrategy confirms the strengthening of interest in Solana from the corporate sector and creates positive expectations regarding the future of this cryptocurrency. Experts believe that such transactions can stimulate further growth of the rate and development of Solana infrastructure on a global scale.
