Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci has recently expressed his preference for Solana (SOL) over Ethereum (ETH) as his chosen layer-1 blockchain platform. In a recent interview with CNBC, Scaramucci revealed that while SkyBridge does hold some ETH in their portfolio, they are more bullish on SOL for long-term success.
Scaramucci explained, “We own [ETH] in small sizes. We’re much bigger Solana fans than we are ETH fans. I don’t think we have a negative opinion of ETH.” He mentioned that his partner in law school, John Sullos, is an ETH maximalist and has included it in their investment portfolio.
The SkyBridge founder further elaborated on why he and SkyBridge COO Brett Messing prefer SOL over ETH, citing two main reasons. He stated, “I think that Brett Messing and I just think that Solana is faster, has lower gas fees, and is the one that’s going to win the race. If you will, in terms of going into the tokenization world, if Larry Fink is right and we end up tokenizing stocks and bonds, I think Solana would probably be a more obvious choice.”
As of now, SOL is priced at $202, showing a 0.2% increase in the last 24 hours, while ETH is trading at $2,656, with a 0.1% decrease over the same period.
For investors looking to stay updated on the latest developments in the cryptocurrency market, subscribing to email alerts from reputable sources like The Daily Hodl can be beneficial. Additionally, keeping track of price action and following social media channels for real-time updates can help in making informed investment decisions.
In conclusion, Anthony Scaramucci’s endorsement of Solana over Ethereum reflects a growing trend of investors diversifying their cryptocurrency holdings and betting on promising blockchain projects. As the crypto market continues to evolve, staying informed and adapting to changing trends will be key for investors seeking long-term success in the digital asset space.