SkyBridge analyst Anthony Scaramucci is bullish on the Solana SOL cryptocurrency, suggesting the asset could reach $2,500. This price level would represent an increase of almost 2000% from the cryptocurrency’s current price level. Scaramucci spoke at last week’s Solana Breakpoint conference and made a big prediction, but gave no timeline.
Scaramucci framed the $2,500 thesis as a long-term bet that didn’t play out cleanly. “It’s not going to happen without volatility,” he said, pointing to a turbulent U.S. regulatory year and persistent inflation as headwinds that “probably slowed our trajectory.” He went on to say that “if you had asked me at the beginning of the year,” he would have predicted both whether Washington would pass the stablecoin bill and the “market structure, CLARITY bill.” “That didn’t happen.” Still, he insisted, “the timing is still right.”
Scaramucci also argued that the rise in stablecoins has hurt altcoins like Solana SOL, slowing their growth. While the hype surrounding stablecoins is slowly dying down, it could open the door for an upturn in the altcoin season starting in the new year, and a bumpy road for SOL and other coins to new highs.
Solana (SOL blockchain was by a wide margin the most popular network in 2025 based on transaction volume. However, the native SOL token underperformed in the second half of the year. In six months, Solana fell by more than 13%, one of the hardest hit by the fall/winter crypto crash. Bitcoin and ETH prices also fell.
As a result, Solana (SOL) is unlikely to recover until the economy improves. The Fed cut interest rates by 25 basis points earlier this month. Lower interest rates typically make it easier to borrow, leading to more risky investments. However, since October, interest rate cuts have had little effect on pushing up crypto prices. Come January and the Fed votes to cut interest rates, perhaps altcoins like SOL could finally start rising.