Anthony Scaramucci, a vocal critic of Donald Trump and the founder of SkyBridge Capital, has expressed his preference for Solana (SOL) over Ethereum (ETH) as his preferred layer-1 blockchain.
During a recent interview with CNBC, Scaramucci revealed that while SkyBridge does hold some ETH in their portfolio, their investment focus lies more on the potential success of SOL in the long term.
“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. My partner in law school, my classmate John Sullos, is sort of an ETH maximalist. So he’s got it in our portfolio.”
Scaramucci elaborated that he and SkyBridge COO Brett Messing prefer SOL over ETH for its speed, lower gas fees, and potential to lead in the tokenization space.
“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 the current writing, SOL is valued at $202, with a 0.2% increase in the last 24 hours. ETH, on the other hand, is trading at $2,656, experiencing a 0.1% decrease over the same period.
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney