Anthony Scaramucci, founder of SkyBridge Capital, is betting big on Solana (SOL) surpassing Ethereum (ETH) in the tokenization game. He recently shared his bullish outlook on Solana in a CNBC interview.
SkyBridge’s Solana Preference
While acknowledging SkyBridge holds some Ethereum, Scaramucci made it clear that Solana is their preferred Layer-1 blockchain. He explained that, while his law school friend and colleague holds a strong belief in Ethereum, he and his Chief Operating Officer, Brett Messing, see Solana as the faster, more cost-effective option.
Why Solana? Speed and Fees
Scaramucci’s preference for Solana boils down to two key factors: speed and lower transaction fees (gas fees). He believes Solana’s superior performance will make it the go-to blockchain for tokenizing assets like stocks and bonds, a prediction aligned with BlackRock CEO Larry Fink’s vision of a tokenized future.
Current Market Prices
At the time of writing, Solana (SOL) was trading at $202, while Ethereum (ETH) sat at $2,656. Both saw minimal price changes in the previous 24 hours.
Disclaimer: This information is for general knowledge and shouldn’t be considered investment advice. Always conduct thorough research before investing in cryptocurrencies.
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