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Home»Crypto»MemeStrategy stock soars 28% after SOL treasury adoption – Are more gains likely? 
Crypto

MemeStrategy stock soars 28% after SOL treasury adoption – Are more gains likely? 

June 17, 2025No Comments2 Mins Read
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  • MemeStrategy made history by being the first Hong Kong company to embrace SOL treasury, leading to a 28% surge in its stock price.
  • The firm acquired 2,440 SOL units, signaling its strategic move into the Solana ecosystem.

Ray Chan, the chairman of MemeStrategy, praised Solana’s versatility and potential in various applications, including decentralized platforms and AI-driven solutions.

“Solana is a leading blockchain project with wide-ranging applications, from decentralized platforms and real-world asset (RWA) tokenization to AI-driven Web3 solutions.”

The decision to invest in SOL was driven by its utility value and the potential to earn staking rewards, aligning with the company’s treasury diversification strategy.

Solana Treasury Trend

Solana

Source: MemeStrategy stock performance, TradingView

Following the SOL investment, MemeStrategy’s stock price surged by 28%, closing the trading session at $0.33 from $0.25, showcasing the potential gains from SOL treasury adoption.

The trend of treasury companies investing in cryptocurrencies like Bitcoin, Ethereum, and Solana continues to gain momentum, with significant returns for shareholders.

In the case of SOL, companies like DeFi Development Corp and Upexi have accumulated substantial amounts of SOL, driving their stock prices higher.

With the potential for staking rewards and growth in the DeFi ecosystem, SOL treasuries are becoming an attractive option for companies seeking to enhance shareholder value.

Investment banking firm Cantor Fitzgerald predicts that SOL-based companies may surpass BTC in terms of valuation, highlighting the confidence in Solana’s future as a leading blockchain platform.

“We believe SOL treasury companies are betting the future of finance will be on-chain and that the chain of choice will be Solana.”

Solana

Source: Glassnode

Despite the bullish sentiment around SOL treasuries, recent data shows a decline in Realized Cap for SOL compared to BTC and ETH, indicating potential short-term bearish pressure on SOL’s price.

At the time of writing, SOL is valued at $156, highlighting the dynamic nature of cryptocurrency markets and the impact of treasury investments on asset prices.

Next: ZKJ crypto’s 81% fall amid liquidity chaos: Will $0.40 spark a recovery?

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adoption Gains MemeStrategy Soars SOL Stock Treasury
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