TLDR

  • Scaramucci anticipates 2 to 4 U.S. interest rate reductions in 2026 to bolster crypto and stock markets.
  • He pinpointed $4.6 billion in large-scale investor selling as a strain on altcoins in 2025.
  • Solana was highlighted as his top altcoin pick due to its low costs, high speed, and developer-friendly environment.
  • He foresees crypto legislation such as the Clarity Act being approved prior to U.S. midterm elections.

SkyBridge Capital’s Anthony Scaramucci projects a more robust 2026 for high-quality altcoins following a tough 2025. He designates Solana, Avalanche, and TON as his top choices, citing anticipated U.S. rate cuts, more stable ETF inflows, and the potential enactment of crypto-friendly legislation as key factors driving a market recovery.

Scaramucci Sees 2026 as Recovery Year for Altcoins

Anthony Scaramucci, founder of SkyBridge Capital, has singled out Solana, Avalanche, and TON as his top three altcoin selections for 2026. In a December 31st interview with Altcoin Daily, he noted that 2025 was unexpectedly challenging for the altcoin market, attributed to significant selling pressure from large investors.

He estimated that major holders sold roughly $4.6 billion in digital assets throughout the year. This selling occurred alongside rising demand from crypto ETFs, which did not boost prices as anticipated. A deleveraging event in October 2025 further strained the market, resulting in a 30% decline in Bitcoin’s price and contributing to a more widespread bearish mood.

Scaramucci said, “There’s likely a substantial amount of large-investor selling this year amid ETF demand.” His internal sentiment gauge, which he terms the “bull meter,” currently stands at 13 or 14 out of 100, indicating extremely bearish investor sentiment.

U.S. Policy and Market Structure Seen as Catalysts

Scaramucci highlighted regulatory clarity as a critical area that could aid a crypto rebound. He referenced the proposed Clarity Act, which aims to establish the legal framework for digital assets.

In his view, legal ambiguity has deterred institutional investment and delayed financial system modernization via tokenization. “Who would invest the necessary funds to transition the financial system if there’s no assurance that it will be usable?” he stated.

He believes the likelihood of crypto legislation passing before the 2026 U.S. midterms exceeds 50%, citing bipartisan backing and increasing campaign funding aligned with crypto interests. He also noted that the current global system spends $3.5 to $4 trillion annually on transaction verification, suggesting that blockchain-driven cost reductions could unlock trillions in productivity gains.

Altcoin Selections Based on Utility and Ecosystem Strength

Anthony Scaramucci named Solana as his top choice due to its rapid transaction speeds, low costs, and robust developer ecosystem. He emphasized his support for a multi-chain future and maintains a positive outlook on Ethereum, but believes Solana offers distinct advantages. Avalanche was also included in his top picks, though he did not elaborate as thoroughly on its features.

Concerning TON, the token linked to the Telegram messaging app, he revealed he initially purchased it at $7.50 and averaged down to approximately $4. At the time of the interview, TON was trading around $1.50. He views TON’s integration with Telegram’s network as a potential catalyst for user adoption and real-world utility.

Rate Cuts Could Support Crypto Rebound

Looking ahead, Anthony Scaramucci projected two to four interest rate cuts by the Federal Reserve in 2026. He anticipates that election-year pressures will lead policymakers to back economic growth, potentially creating a more favorable environment for both stocks and digital assets.

He also noted he recently bought additional Bitcoin for his family portfolio, maintaining a long-term price target of $150,000 despite delays in reaching it. Scaramucci stated that enhanced ETF flows, reduced large-investor selling, and clear policy guidelines could all aid crypto market recovery in 2026. With investor sentiment still low, he suggested that even minor improvements in market conditions could result in more significant gains for high-quality altcoins.