Scaramucci backs Solana to surpass Ethereum in market cap – Here’s why
- Anthony Scaramucci expects Solana to flip Ethereum, a view that’s opposed by analysts from Customary Chartered
- The SOL/ETH ratio confirmed that Solana may rebound and outperform Ethereum within the coming weeks
SkyBridge Capital Founder Anthony Scaramucci claimed that Solana [SOL] will flip Ethereum [ETH] by way of market cap. Talking to an viewers on the DigiAssets 2025 convention, he affirmed,
“I feel SOL will flip ETH round.”
He clarified his view quickly thereafter, saying,
“Not that I’ve a unfavorable opinion, I simply perceive the Solana story slightly bit higher.”
The founder and managing companion of the worldwide funding agency additionally defined that he didn’t actually get on board with Ethereum.
“Now we have most likely 40% of our purchasers’ cash throughout digital property. Now we have about $300 million in what we name a coin fund, and that’s most likely issues like Solana, Avalanche is in there, Polkadot, a number of Bitcoin.”
On the time of writing, Ethereum had a market cap of $303.8 billion, whereas Solana was at $77.4 billion. Even when ETH stays stationary, Solana must do a 3.92x, or attain a worth of $572.3, to flip the previous.
Banking group Customary Chartered predicted a worth of $500 for Solana by 2029. At the moment, its analysts anticipate ETH to commerce at $7,500.
Solana because the ‘Ethereum Killer’
To verify whether or not Solana may truly ‘kill’ Ethereum and grow to be a brand new pressure within the crypto sphere, AMBCrypto took a have a look at the altcoin’s on-chain metrics.
Day by day lively addresses measure the distinctive addresses lively within the community. On the 18th of June, Solana recorded 5,290,543 distinctive addresses for the day. It topped at 10,308,559 on the twentieth of January.
Compared, Ethereum noticed an lively tackle depend of 370,238 on the 18th of June, topping out at 588,817 in 2025 on the twenty fifth of January.
Solana had a lot greater site visitors, however Ethereum continued to dominate the DeFi panorama. Knowledge confirmed that its community had 55.8% of the overall worth locked (TVL) within the crypto ecosystem. This TVL measured $62.54 billion.
Supply: SOL/ETH on TradingView
The SOL/ETH chart has traded inside a spread since early 2025. Over the previous two months, Solana has dramatically underperformed ETH, shedding 32% on this window.
It was approaching the vary low, which instructed a SOL/ETH reversal.
Merchants can search for alternatives to commerce Solana and Solana-based tokens as soon as the SOL/ETH vary low retest happens. Until then, anticipate Solana to proceed to underperform relative to the main altcoin.
