Anthony Scaramucci of SkyBridge believes Solana (SOL) could surpass Ethereum (ETH) in the future due to better understanding of Solana's vision.
SkyBridge currently holds significant digital asset positions with Bitcoin and Solana as core assets, and 40% of clients' portfolios allocated to crypto.
SkyBridge has investments in major digital funds diversified across Solana, Avalanche, Polkadot, and Bitcoin.
Scaramucci did not provide a specific timeline but indicated a growing institutional interest in Solana for its speed and cost-efficiency compared to Ethereum.
Personal familiarity and conviction drove SkyBridge's strategic positioning towards Solana.
As capital inflows into Solana due to strong developer activity and real-world application, Scaramucci's backing might attract more investors to the platform.
Scaramucci finds Solana's story more understandable than Ethereum's.
SkyBridge has a $300 million coin fund diversified across Solana, Avalanche, Polkadot, and Bitcoin.
Solana's rising prominence doesn't diminish Ethereum's standing in the market.
Interest in Solana grows as it gains traction for its speed and cost advantages in the blockchain space.