Scaramucci’s Shocking Prediction: Solana to Overtake Ethereum – Here’s the Tea
- Anthony Scaramucci predicts Solana will surpass Ethereum, but analysts from Standard Chartered disagree
- The SOL/ETH ratio suggests Solana may rebound and outperform Ethereum in the near future
SkyBridge Capital Founder Anthony Scaramucci made a bold claim at the DigiAssets 2025 conference, stating that Solana [SOL] will flip Ethereum [ETH] in terms of market cap. He confidently declared,
“I think SOL will turn ETH around.”
He quickly clarified his view, saying,
“Not that I have a negative opinion, I just understand the Solana story a little bit better.”
Scaramucci also admitted that he didn’t really get on board with Ethereum. He explained,
“We have probably 40% of our clients’ money across digital assets. We have about $300 million in what we call a coin fund, and that’s probably things like Solana, Avalanche is in there, Polkadot, lots of Bitcoin.”
At the time of writing, Ethereum had a market cap of $303.8 billion, while Solana was at $77.4 billion. For Solana to flip Ethereum, it would need to do a 3.92x, or reach a price of $572.3.
Banking group Standard Chartered predicted a price of $500 for Solana by 2029, with ETH expected to trade at $7,500.
Is Solana the ‘Ethereum Killer’?
To determine if Solana could actually ‘kill’ Ethereum and become a new force in the crypto sphere, AMBCrypto analyzed the altcoin’s on-chain metrics.
Daily active addresses measure the unique addresses active in the network. On the 18th of June, Solana recorded 5,290,543 unique addresses for the day, topping at 10,308,559 on the 20th of January.
In comparison, Ethereum saw an active address count of 370,238 on the 18th of June, topping out at 588,817 in 2025 on the 25th of January.
Solana had much higher traffic, but Ethereum continued to dominate the DeFi landscape. Data showed that its network had 55.8% of the total value locked (TVL) in the crypto ecosystem, measuring $62.54 billion.
The SOL/ETH chart has traded within a range since early 2025. Over the past two months, Solana has dramatically underperformed ETH, losing 32% in this window. It was approaching the range low, which suggested a SOL/ETH reversal.
Traders can look for opportunities to trade Solana and Solana-based tokens once the SOL/ETH range low retest occurs. Till then, expect Solana to continue to underperform relative to the leading altcoin.
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2025-06-20 10:43