Market Insight: SOL vs ETH
SkyBridge Capital founder Anthony Scaramucci presented a bullish case for Solana versus Ethereum (ETH) at the DigiAssets 2025 conference.
- “I think SOL will flip ETH,” Scaramucci stated.
- He clarified the premise: “I don’t really have an opinion on ETH. I just understand the Solana story a little bit better.”
- His comments appear influenced by recent performance.
Though labeled an “Ethereum killer” narrative faded for Solana, Scaramucci revisited the theme.
His firm’s portfolio, according to Scaramucci, has substantial exposure to Solana:
- “We have probably 40% of our clients’ money across digital assets,”
- including allocations to Ethereum, Solana, Avalanche, Polkadot, and a significant Bitcoin position.
This contrasts with Standard Chartered’s recent Ethereum-positive stance, which forecasts continued outperformance against Solana.
Solana vs Ethereum: Recent Market Performance
YTD data indicates:
- Solana: Down 23.2%
- Ethereum: Down 24.75%
Current market capitalizations:
- Solana: ~$76 billion
- Ethereum: $304 billion
- Both trailing Bitcoin in market cap rankings.
However, both Cantor Fitzgerald and Scaramucci question Standard Chartered’s bearish Solana forecast, with the former citing technical advantages of Solana’s Layer-1 blockchain.
