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Scaramucci Predicts Solana Could Reach $2,500 in 5-10 Years
Anthony Scaramucci, founder of SkyBridge Capital, envisions Solana potentially reaching $2,500 within five to ten years. Key factors include tokenization and clearer US regulations, which could establish Solana as a core financial infrastructure.
Key Points
- Scaramucci acknowledges volatility due to regulatory challenges and inflation but believes the timing for Solana's growth remains favorable.
- He compares the situation to Amazon's early struggles before widespread adoption, emphasizing patience with innovative technology.
- Solana was chosen for launching Trump and Melania memecoins due to its capability to handle large transactions, although this event allegedly hampered US crypto regulation progress.
- Scaramucci highlights tokenization as the future, with Solana poised to capture a significant share.
- Operational improvements on Solana are noted, with two years of stability reported.
- SkyBridge plans to tokenize larger funds on Solana, despite using another chain for a smaller fund.
- Scaramucci supports a diversified blockchain strategy, citing Solana and Avalanche as potential winners.
- His largest personal investment is in Solana, followed by Bitcoin, Avalanche, and a small position in Ethereum.
- The next market cycle depends on US policy developments and liquidity conditions.
Current Solana price: $125.
