Anthony Scaramucci Backs Solana Avalanche and TON as Top Altcoin Picks for 2026

TLDR

• Scaramucci expects 2 to 4 U.S. rate cuts in 2026 to support crypto and equity markets.
• He identified $4.6 billion in whale selling as pressure on altcoins in 2025.
• Solana was named his top altcoin for being low-cost, fast, and developer-friendly.
• He expects crypto legislation like the Clarity Act to pass before U.S. midterm elections.

SkyBridge Capital’s Anthony Scaramucci expects a stronger 2026 for quality altcoins after a challenging 2025. He names Solana, Avalanche, and TON as his top picks, citing expected U.S. rate cuts, steadier ETF inflows, and the possible passage of crypto-friendly legislation as key drivers for a market rebound.

Scaramucci Sees 2026 as Recovery Year for Altcoins

Anthony Scaramucci, founder of SkyBridge Capital, has identified Solana, Avalanche, and TON as his top three altcoin picks for 2026. In a Dec. 31st interview with Altcoin Daily, he said 2025 was unexpectedly difficult for the altcoin market due to heavy selling pressure from large holders.

He estimated that approximately $4.6 billion worth of digital assets was sold by major holders during the year. This selling coincided with increasing demand from crypto ETFs, which failed to lift prices as expected. A deleveraging event in October 2025 further stressed the market, leading to a 30% drop in bitcoin’s price and contributing to broader bearish sentiment.

Scaramucci said, “There’s probably a large amount of whale selling this year into the ETF demand.” His internal sentiment indicator, which he calls the “bull meter,” is currently at 13 or 14 out of 100, suggesting very bearish investor sentiment.

U.S. Policy and Market Structure Seen as Catalysts

Scaramucci pointed to regulatory clarity as a key area that could support a crypto rebound. He referenced the proposed Clarity Act, which seeks to define the legal framework for digital assets.

According to him, legal uncertainty has discouraged institutional investment and delayed financial system upgrades through tokenization. “Who’s going to spend the kind of money that you need to switch over the financial system if you’re not guaranteed that you’re going to be able to use it,” he said.

He believes the chances of passing crypto legislation before the 2026 U.S. midterms are above 50%, citing bipartisan support and growing crypto-aligned campaign funding. He also said the current global system spends $3.5 to $4 trillion yearly on transaction verification, suggesting that cost reductions via blockchain could free up trillions of dollars in productivity.

Altcoin Selections Based on Utility and Ecosystem Strength

Anthony Scaramucci named Solana as his top pick for its fast speeds, low costs, and strong developer ecosystem. He emphasized that he supports a multi-chain future and continues to hold a positive view on Ethereum, but believes Solana currently offers unique advantages. Avalanche was also included in his top picks, although he did not elaborate as extensively on its features.

Regarding TON, the token associated with the Telegram messaging app, he disclosed that he had initially bought it at $7.50 and averaged down to around $4. At the time of the interview, TON was trading near $1.50. He sees TON’s integration with Telegram’s network as a potential driver of user adoption and real-world utility.

Rate Cuts Could Support Crypto Rebound

Looking ahead, Anthony Scaramucci predicted two to four interest rate cuts by the U.S. Federal Reserve in 2026. He expects that election-year pressures will lead policymakers to support economic growth, which could create a more favorable environment for both equities and digital assets.

He also mentioned that he recently purchased more bitcoin for his family portfolio, maintaining a long-term price target of $150,000 despite delays in achieving it. Scaramucci said improved ETF flows, less whale selling, and clear policy rules could all help crypto markets recover in 2026. As investor sentiment remains low, he suggested that even small improvements in market conditions could lead to stronger gains in high-quality altcoins.

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