Scaramucci calls Solana ‘one of the big winners’ in the tokenization race
Anthony Scaramucci is betting that the next major phase of digital finance will be built on tokenization — and he believes Solana is positioned to be one of the primary winners of that shift.
Speaking about the future of blockchain infrastructure, the SkyBridge Capital founder argued that smart contracts and traditional financial instruments are steadily migrating away from slow, expensive rails toward faster, more efficient networks. In his view, Solana (SOL) has emerged as a leading candidate to become a standard platform for tokenized assets.
From cloud wars to chain wars
Scaramucci framed today’s blockchain landscape as a replay of the early days of cloud computing. Back then, the debate centered on which emerging platform would dominate — and whether one company would become the “AWS of the cloud.” History, of course, produced several winners, not just a single monopoly.
He sees something similar playing out in crypto. Rather than one chain ruling everything, he expects several foundational networks to capture different segments of tokenization and decentralized finance. Solana, he insists, is on track to be one of those foundational players.
Why Solana stands out in tokenization
What makes Solana compelling to Scaramucci is not just its speed and low fees, but the way it is architected. He emphasizes that Solana borrows heavily from established, battle‑tested concepts in distributed computing and network engineering, instead of relying solely on experimental crypto-native designs.
This, he claims, gives developers a more familiar and reliable environment to build on. For teams used to traditional computing paradigms, Solana’s approach can feel less like an exotic blockchain experiment and more like a high-performance, programmable infrastructure layer.
That familiarity has, in his view, contributed to Solana’s growing popularity among builders. As more applications, tokenization pilots, and financial products choose Solana as their base layer, it reinforces a network effect that could prove difficult to dislodge.
A core position for SkyBridge — and for Scaramucci personally
Scaramucci revealed that Solana is not just a passing interest for him; it is a core holding within both SkyBridge’s crypto strategy and his own portfolio. He drew a direct comparison between his Solana allocation today and the firm’s Bitcoin exposure roughly five years ago.
Back then, he recalls, many skeptics dismissed the idea that institutions would meaningfully allocate to Bitcoin. Within a few years, the narrative flipped: major asset managers launched products, corporates added BTC to balance sheets, and the asset became almost impossible to ignore.
He expects a similar story to unfold with Solana — that early exposure will look obvious in hindsight, and that people who currently dismiss the asset may later claim they were simply “too early to understand it.”
Price action: a technical rebound with key hurdles ahead
While Scaramucci’s thesis is fundamentally driven, the market has also given Solana bulls something to cheer about in the near term.
Recently, SOL has staged a notable recovery, moving back above its 100‑hour simple moving average and reclaiming multiple Fibonacci retracement levels from its previous decline. This bounce has taken place alongside strength in other major cryptocurrencies, suggesting broader risk appetite is returning to the digital asset market.
Technical indicators are signaling improving momentum. On shorter time frames, the moving average convergence divergence (MACD) indicator is skewing bullish, pointing to growing buying pressure. The relative strength index (RSI) is holding above the neutral 50 level, implying that, for now, bulls remain in control rather than ceding ground to sellers.
However, the chart is not without obstacles. SOL still faces dense resistance overhead, where sellers have previously stepped in to cap rallies. Analysts note that this cluster of resistance levels is the next major battleground: a clean breakout above them could pave the way for higher price targets, while another rejection might send the token back toward its recently broken trend line and deeper support areas.
The bigger picture: when does the trend truly flip?
Despite the recent bounce, many technical strategists still classify Solana’s broader structure as cautiously bearish or, at best, neutral. Key confirmation levels lie higher up the chart.
Market watchers highlight two zones as particularly important: a sustained close above roughly 158 dollars would be an early signal that the downtrend is losing its grip, while consistent trading above around 176 dollars would strengthen the case for a more durable bullish reversal. Until those thresholds are reclaimed and held, rallies remain vulnerable to sharp pullbacks.
Scaramucci, for his part, argues that focusing exclusively on these levels misses the bigger picture. If Solana does become a core infrastructure layer for tokenized assets — spanning everything from tokenized treasuries and funds to real-world assets and on-chain financial instruments — current prices may eventually look like an entry point rather than a peak.
Tokenization as the next wave of financial infrastructure
At the heart of Scaramucci’s optimism is a broader thesis: tokenization is not a side experiment but the next logical evolution of capital markets. In this model, traditional assets — equities, bonds, funds, real estate, even invoices and intellectual property — are represented as tokens on programmable blockchains.
This shift could enable:
– Near‑instant settlement instead of multi‑day clearing cycles
– 24/7 markets with global access
– Fractional ownership of previously illiquid assets
– Composability with DeFi protocols for lending, collateralization, and structured products
For tokenization to work at scale, however, infrastructure has to be fast, cheap, and reliable. Scaramucci contends that Solana’s throughput and low transaction costs position it as an attractive base layer for this new tokenized economy, especially for high‑volume applications like payment rails, market making, and retail-facing platforms.
Why institutions care about speed and cost
Institutional players exploring tokenization are highly sensitive to operational efficiency. Settlement latency, network congestion, and unpredictable transaction fees can quickly erode the benefits of moving assets on-chain.
Solana’s design — capable of processing thousands of transactions per second with low, predictable fees — directly targets those concerns. For large financial institutions considering tokenized money market funds, tokenized treasuries, or on-chain repo markets, the difference between a high-fee, slow network and a low-fee, high-throughput one can be the deciding factor.
Scaramucci suggests that as more pilots move into production and tokenized products reach larger audiences, the demand for chains that can handle mainstream volumes will intensify. In that environment, Solana’s performance characteristics could become a major competitive advantage.
Developers, ecosystems, and the “AWS effect”
Another pillar of the bullish case is ecosystem depth. In cloud computing, AWS grew not only because of its hardware and infrastructure, but because of its tools, documentation, and vast developer community. That created a virtuous cycle of more applications, more integrations, and more businesses built directly on top of it.
A similar dynamic is emerging across blockchains. Solana’s advocates argue that its growing roster of DeFi protocols, NFT projects, gaming platforms, infrastructure tools, and tokenization initiatives is gradually creating an “AWS‑like” gravity. Once teams build their products, tooling, and workflows around a specific chain, switching becomes costly and disruptive.
If tokenization becomes standard practice in capital markets, networks with the deepest ecosystems — not just the flashiest tech — are likely to capture the most value. Scaramucci’s bet is that Solana will be one of those networks.
Scaramucci’s Solana book and the narrative battle
Adding another layer to his advocacy, Scaramucci has authored a book focused on Solana, titled “Solana Rising.” The very existence of such a book underscores his conviction that SOL is more than just another altcoin; he views it as a central character in the unfolding story of programmable finance.
Critics might argue that promoting a book and holding significant exposure in Solana creates an obvious incentive to talk up the asset. But even skeptics acknowledge that narratives matter in crypto. Perception, branding, and thought leadership often shape where capital and developer talent flow.
By staking his reputation on Solana’s future, Scaramucci is not only making an investment call but also helping to frame the broader narrative around tokenization and which chains will power it.
Risks, competition, and what could go wrong
Even as he champions Solana, there are clear risks that any serious analysis must acknowledge:
– Competition from other chains: Ethereum remains dominant in DeFi and tokenization, while other high‑performance Layer 1s are vying for relevance. Future technological breakthroughs or regulatory clarity could shift the balance.
– Reliability concerns: Past network outages left a mark on Solana’s reputation. While the protocol has undergone significant upgrades to address stability, institutions will demand a long, consistent track record of uptime before committing critical infrastructure.
– Regulatory uncertainty: Tokenization sits at the intersection of securities law, banking regulation, and digital asset frameworks. Changes in policy or enforcement could speed adoption — or slow it dramatically.
– Market cycles: Even promising technologies are not immune to crypto’s boom‑and‑bust dynamics. Prolonged risk‑off periods can delay development, reduce funding, and dampen enthusiasm.
For Solana to fully realize the vision Scaramucci outlines, it must navigate all of these headwinds while continuing to ship technical improvements and attract real-world use cases.
What to watch next for Solana and tokenization
For market participants and observers trying to gauge whether Scaramucci’s thesis is playing out, several signposts matter more than day‑to‑day price moves:
1. Growth in tokenized real‑world assets on Solana – The number and scale of tokenized bonds, funds, and other traditional instruments launched on the network.
2. Institutional partnerships – Deals with asset managers, banks, and fintechs that explicitly choose Solana for settlement and issuance.
3. Network performance and stability – Evidence of sustained reliability under heavy load, with minimal outages and consistent fees.
4. Developer activity – New protocols, tools, and applications that deepen the ecosystem and make Solana more attractive as a base layer.
5. Regulatory clarity around tokenization – Rules that either validate or constrain the model of on‑chain representation of traditional assets.
If these indicators trend positively, Scaramucci’s assertion that Solana will be “one of the big winners” of tokenization will look increasingly plausible. If they stall or reverse, the market may reconsider how much value to assign to the network relative to its competitors.
A comeback story in progress
For now, Solana is in the midst of what could be a broader comeback narrative. Technically, it is battling to transform a series of relief rallies into a sustained uptrend. Fundamentally, it is trying to move from hype and volatility toward durable, institutional-grade use cases.
Scaramucci’s endorsement does not guarantee that outcome, but it puts a spotlight on Solana at a time when tokenization is moving from theoretical talking point to practical implementation. If smart contracts and real‑world assets do, in fact, migrate en masse to faster, cheaper blockchain rails, the question will not be whether tokenization wins — but which networks share in that victory.
In that future, Anthony Scaramucci is confident that Solana will not just be in the conversation, but near the center of it.