📊 SkyBridge founder expressed confidence that $SOL will “overtake” $ETH in terms of capitalization
According to Scaramucci, he did not enter Ethereum not because he has a negative view of the project, but because he is “closer to the Solan story.”
According to the investor, SkyBridge has hundreds of millions of dollars worth of digital assets on its balance sheet, including bitcoin and Solana. About 40% of client money is invested in cryptocurrencies through funds such as Multicoin Capital and Brevan Howard Digital, he said.
"We have about $300 million in what's called a coin fund. It probably includes assets like Solana, Avalanche, Polkadot and a lot of bitcoin," the investor said.
The SkyBridge Capital founder did not specify when exactly the capitalization of the “people's cryptocurrency” will exceed that of ether. His position differs from the forecast of Standard Chartered, which earlier said that within two to three years, the “meme-oriented cryptocurrency” Solana will succumb to Ethereum.