<ul data-eligibleForWebStory="true">MemeStrategy has acquired 2,440 Solana (SOL) tokens by investing HKD2.9 million from the open market.The acquisition was done through the licensed trading platform OSL Group in Hong Kong.MemeStrategy plans to stake the tokens to support the Solana Proof-of-Stake network.The investment is part of the company’s strategic reserve plan for long-term crypto reserves and entry into Solana's ecosystem.MemeStrategy's shares surged over 28% on the Hong Kong Stock Exchange post announcement, indicating positive market response.The company intends to support Solana's validation procedures, accumulate staking returns, and engage in high-growth blockchain activities.MemeStrategy's broader goals include expansion into blockchain, AI, real-world asset tokenization, and involvement in the Web3 space.The SOL price increased by 8% to $157 post-MemeStrategy's investment, reaching a market cap of $82.4 billion.MemeStrategy's move aligns with the growing institutional interest in Solana and the rise of staking-linked ETF models.The surge in SOL's trading volume and open interest signals strong investor confidence and increasing institutional involvement in Solana.