The Bitcoin strategy continues to dominate the airwaves, but internationally, another cryptocurrency is gaining steam.
Hong Kong-based MemeStrategy became the first publicly traded company to invest in Solana.
It’s not a surprise. With Solana meme coin launcher Pump.fun preparing to launch its own token, Bybit aiming for a Solana-based DEX, and Solaxy ($SOLX) wrapping up a $50M+ presale for a Solana Layer-2, the future looks bright.
Why Solana? As Asia’s first public digital assets company, MemeStrategy needs to be careful where it puts its cash. So why sink it on $SOL?
The plan highlights how confident MemeStrategy is in the overall health of the Solana blockchain. And they’re not the only ones who’re confident.
Solana has always been a sort of photo-negative of Ethereum, following $ETH into memes and then arguably surpassing it, becoming both a rival and a copycat.
The Byreal mainnet is set to launch in Q3 2025, providing traders with all the necessary tools for a high-powered trading platform, including:
The debut of a major Solana DEX would doubtlessly boost the ecosystem that much further.
And on top of it all, there are other projects in the works that aim to improve Solana’s ecosystem. The best of them is Solaxy ($SOLX.
The presale ended yesterday but you can still buy $SOLX until the token claim on June 23.
As institutional confidence builds and infrastructure expands, Solana is positioning itself as a serious contender in the next wave of crypto adoption.
This isn’t financial advice; always do your own research before investing.
