SkyBridge founder Anthony Scaramucci on Friday said the crypto market is nearing a consolidation phase where only a small group of blockchains will emerge as long-term industry standards and he expects Solana to be one of them.
Speaking in an interview with CNBC, Scaramucci compared today’s environment to the early internet era, arguing that crypto is entering its “Google moment,” when a crowded field begins to narrow toward a few dominant platforms.
What Happened
Scaramucci said the evolution of Layer-1 blockchains today resembles the competition between early search engines such as AltaVista and Ask Jeeves before Google ultimately overtook them.
The difference now, he argued, is that blockchain infrastructure has matured enough for three or four durable winners to emerge over the next five years.
“I think Solana, Bitcoin, Avalanche this is taking off,” he said, predicting that these networks are positioned to become foundational industry standards.
Why It Matters
A major part of his conviction comes from Solana’s design approach.
Scaramucci said the network’s architecture reflects deliberate choices that favor developer accessibility rather than experimental or untested concepts.
Also Read: Liquidity Surge And December Fed Cut Expectations Put Bitcoin At Critical Crossroads: Analysts He credited Solana co-founder Anatoly Yakovenko with using “all the available tech that was out there to make it easy for developers to run programs,” positioning the chain to attract long-term development at scale.
Scaramucci also disclosed that Solana is “one of our big names” at SkyBridge and that both the firm and his own balance sheet hold significant positions.
He said part of the motivation behind his recent writing on Solana was to help customers understand why the firm views it as a core asset.
Looking ahead, Scaramucci framed Solana’s trajectory in similar terms to Bitcoin’s institutional journey.
When SkyBridge invested in Bitcoin five years ago, he said traditional finance “excoriated” the move, only for institutions to enter later at scale.
He expects a similar dynamic to play out for Solana. “Five years from now… we’ll be looking back on Solana and say that was a good entry point,” he said.
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