Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci says Solana (SOL) is his preferred layer-1 over Ethereum (ETH).
In a new interview with CNBC, Scaramucci says that while SkyBridge does own some ETH, his investment thesis focuses on SOL being more successful in the long run.
“We own [ETH] in small sizes. We’re much bigger Solana fans than we are ETH fans. I don’t think we have a negative opinion of ETH. My partner in law school, my classmate John Sullos, is sort of an ETH maximalist. So he’s got it in our portfolio.”
Scaramucci goes further to say that he and SkyBridge Chief Operating Officer Brett Messing prefer SOL to ETH for two main reasons.
“I think that Brett Messing and I just think that Solana is faster, has lower gas fees, and is the one that’s going to win the race. If you will, in terms of going into the tokenization world, if Larry Fink is right and we end up tokenizing stocks and bonds, I think Solana would probably be a more obvious choice.”
SOL is worth $202 at time of writing, up 0.2% in the last 24 hours. ETH is currently trading for $2,656, down 0.1% over the same period.
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Follow us on X, Facebook and Telegram
Generated Image: Midjourney
Read the full article here