Bhashya
मपर्यन्तं जगच्चक्रीभूतं प्रतिप्राणि ।अतः आशायाः स्मरादपि भूयस्त्वमित्यत आशामुपास्वेति ॥
In plain words
The universe, revolving around memory, operates within every living being. Therefore, hope is even greater than memory. Meditate upon hope.
Close to the Sanskrit
The world ending with memory is revolving in every living creature. Therefore, the greaterness of hope even beyond memory exists; hence meditate upon hope.