
Scaramucci Backs Solana to Surpass Ethereum in Market Cap – Here’s Why
Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, has expressed his belief that Solana (SOL) will surpass Ethereum (ETH) in terms of market capitalization. This statement has been met with skepticism by many in the cryptocurrency community.
Scaramucci’s assertion is based on his understanding of the Solana story, which he claims to have a better grasp of compared to other cryptocurrencies. According to him, Solana is positioned to become a new force in the crypto sphere, potentially flipping Ethereum and taking its place among the top-ranked digital assets.
However, analysts from Standard Chartered have expressed concerns regarding Scaramucci’s prediction, pointing out that Solana would need to increase by a staggering 3.92 times for it to surpass ETH, which currently has a market capitalization of over $303 billion.
Despite this, on-chain metrics suggest that Solana is experiencing an influx in user activity. As per Glassnode data, the network recorded 5,290,543 unique addresses on June 18th, marking a significant spike in traffic. Additionally, its daily active address count peaked at 10,308,559 on January 20th.
Contrary to this growth, Solana’s chart has been stagnant since early 2025, losing a substantial 32% over the past two months. As the coin approaches the range low, traders can take advantage of potential opportunities by trading Solana and Solana-based tokens during the expected SOL/ETH retest.
For now, it seems unlikely that Solana will flip Ethereum anytime soon, given its current market performance. Nonetheless, Scaramucci’s backing for the altcoin may contribute to a rally in its value, potentially attracting more investors to the network.
It remains to be seen whether Anthony Scaramucci’s prediction becomes a reality or if his opinion is simply a flash in the pan.
Source: ambcrypto.com