Anthony Scaramucci Places 2026 Altcoin Bets on Solana, Avalanche, and Toncoin

Anthony Scaramucci, CEO of SkyBridge Capital, has selected Solana (SOL), Avalanche (AVAX), and Toncoin (TON) as his top altcoin bets for 2026, citing factors such as regulatory developments and macroeconomic conditions. Despite a challenging 2025 for altcoins, Scaramucci believes these projects have strong fundamentals and adoption potential. He also admitted to making a costly mistake with Toncoin, which dropped from $7.50 to $1.50 in 2025 according to data.

Scaramucci's optimism centers on Solana's low transaction costs, fast speeds, and developer-friendly environment. He views these attributes as key to attracting institutional and retail adoption. In an interview with Altcoin Daily, he also noted the broader market's bearish sentiment as an opportunity for value.

Avalanche and Toncoin are also part of his 2026 outlook. He highlighted Avalanche's technical progress and Telegram's ecosystem as areas of potential growth. Despite TON's underperformance last year, Scaramucci sees value in its future utility and network expansion.

Why Did This Happen?

Scaramucci attributes the difficult 2025 for altcoins to whale selling and a deleveraging event around October 10. He estimates that approximately $4.6 billion in large holder selling added to market pressure. This environment created a liquidity crunch that dragged down prices across the board.

The hedge fund manager also pointed to extreme bearish sentiment as a sign of market exhaustion. He noted internal metrics show a bull meter at 13 or 14 out of 100, indicating a strong tilt toward bearish positioning. For investors, this suggests that even modest positive developments could trigger a market turnaround.

How Did Markets Respond?

Solana, Avalanche, and Toncoin ended 2025 with significant price declines. Solana fell by 37.8%, Avalanche by 65.27%, and Toncoin by 70.15%. The broader market mirrored this trend, with Bitcoin and Ethereum also experiencing volatility. However, Scaramucci sees these as short-term setbacks and not indicative of long-term fundamentals.

Despite these declines, institutional adoption and ETF inflows are gaining traction. Solana, for instance, has seen record tokenization of real-world assets and partnerships with firms like Western Union. These developments add credibility and utility to the network according to analysts.

What Are Analysts Watching Next?

Scaramucci's view is closely tied to regulatory and macroeconomic developments. He anticipates that the Clarity Act could unlock significant institutional interest in tokenization and digital assets according to market analysis. This legislative progress, he argues, would provide the legal certainty necessary for blockchain-based financial infrastructure to flourish.

The macroeconomic environment is also critical. Scaramucci expects a Trump administration to support a liquidity-friendly policy mix, including rate cuts and regulatory easing. This could benefit both traditional and crypto markets, with altcoins potentially outperforming as adoption accelerates according to market forecasts.

Additionally, he sees Solana as a leading beneficiary of regulatory clarity and institutional adoption. With its growing real-world asset tokenization activity and ETF inflows, the network appears well-positioned for 2026 according to industry reports.

Scaramucci's strategy for SkyBridge involves identifying 3 to 5 Layer-1 tokens that will see increased adoption and utility over the next five years. He currently serves as a strategic advisor to firms focused on Avalanche and Toncoin, indicating a long-term commitment to these ecosystems.

Conclusion

While 2025 was a tough year for altcoins, Anthony Scaramucci remains bullish on Solana, Avalanche, and Toncoin for 2026. His rationale is grounded in regulatory progress, macroeconomic conditions, and the underlying technical strengths of these blockchains. As the market enters the new year, investors are closely watching how these factors play out and whether they can drive a broader crypto recovery.