Will Solana Ethereum catch up? Anthony Scaramucci thinks so

Anthony Scaramucci, founder of Skybridge Capital, did at the Digiastets 2025 conference striking statement. He believes that solana (SOL) the largest altcoin in the crypto market, Ethereum (ETH), can catch up. In other words, he thinks that Sol can achieve a higher market value in the long term than ETH, a scenario that is known in the crypto world as a “flipping”.

Solana is faster, cheaper and ready to catch up Ethereum

At the moment that gap is still quite large. Ethereum has a market value of around $ 303 billion, while Solana is around $ 76 billion. Yet Scaramucci sees enough reasons why that gap can become smaller.

According to him, Solana has a few strong assets. The blockchain works at lightning speed and is much cheaper than Ethereum when it comes to transactions. According to Scaramucci, this efficiency makes it more attractive, especially for large parties that show more and more interest in Solana.

That sentiment is shared by other well-known names in the crypto scene, such as Qiao Wang by Alliance Dao and Santiago Santos from Inversion Capital. They believe that Solana should actually be at the same level as Ethereum in terms of appreciation.

If we look at the price ratio between SOL and ETH, we see that Solana made a big sprint in January, then the SOL / ETH Ratio rose by 64%. But after that it went a bit less: in May the ratio fell by 25% and in June another 6% decrease was added. In other words, the Ethereum course is back on the back of Sol’s relatively.

Yet the race for Sol was not won so quickly. Ethereum is still the favorite when it comes to adoption and developers who build on the network. But Solana’s speed, low costs and increasing support from institutional investors ensure that this struggle becomes increasingly interesting. If SOL receives its own Spot Exchange Traded Fund (ETF) on the US stock market, institutional adoption may increase further due to simpler access for investors.

Bybit launches Solana -based Dex in Q3

Crypto Exchange Bybit comes in the third quarter with a brand new Solana -based Decentral Exchange (Dex) called Byreal, so share The platform with their own social media account. The test network version goes live on June 30. According to CEO Ben Zhou is not a standard DEX, but a hybrid platform that combines the liquidity of a normal exchange with the transparency of decentralized finance (Defi).

The competition is sturdy. Uniswap still dominates the DEX market, followed by Curve and Pancake Swap. There is also competition on Solana, with Raydium as the largest player. Yet bybit thinks that it can make the difference with this hybrid approach.