7 Altcoins 2025 Recommended by Anthony Scaramucci: There are SOL, SUI, and ALGO
2025-01-12Bittime - In the crypto world which is full of dynamics, choosing altcoins that have the potential to grow in the long term can be a challenge in itself. However, for Anthony Scaramucci, a financial veteran and founder of SkyBridge Capital, there are several altcoins worth keeping an eye on for investment in 2025.
In an exclusive interview with the Altcoin Daily YouTube channel, Scaramucci shared his views on various crypto assets, starting from Ethereum (ETH) to a number of altcoins which he believes will play an important role in the development of decentralized technology.
Ethereum
Scaramucci started by mentioning Ethereum as one of his top choices for the future. According to him, the market perception of Ethereum has experienced cyclical changes, which he said is similar to trends that come and go.
Recalling his years of experience in the world of traditional finance, Scaramucci says, "When I came into the industry, biotech stocks were very popular, then it moved to insurance stocks, and then alternative investments in hedge funds. We went through cycles of what was trending."
Even though Ethereum may be a little “out of fashion” at the moment, Scaramucci remains optimistic about Ethereum's future. He believes that while there are several faster and cheaper blockchains, Ethereum remains the dominant smart contract platform, supporting a wide range of decentralized applications (dApps) and mission-critical protocols. "Ethereum is a winner, and I believe it will be a long-term winner," he said.
Read also: 4 Altcoins that have the potential to reach the moon in 2025: There are HBAR and SUI
Solana (SUN)
After affirming his confidence in Ethereum, Scaramucci turned to Solana (SOL), which he saw as having excellent performance with lower transaction fees. “I think Solana—it's cheaper and faster, and now the network handles a lot of volume.
They have a variety of things going on," said Scaramucci, who noted that he has a lot of Solana in his portfolio. Solana is known for its transaction speed and very efficient fees, which makes it a top choice for decentralized application developers.
Polkadot (DOT)
Furthermore, Polkadot (DOT) caught Scaramucci's attention as an altcoin that has great potential in Web3 and the gaming industry. "I own Polkadot. I love what Polkadot can do in the gaming industry, and I still have a lot of faith that Web3 gaming will happen," said Scaramucci.
He describes the current Web3 environment as being like the era of VHS tapes and Blockbuster Video, where much of the potential is yet to be fully seen, but Polkadot can play a big role in connecting the larger digital ecosystem.
Avalanche (AVAX)
Scaramucci also mentioned Avalanche (AVAX) as another project he predicts will grow rapidly. While he didn't provide in-depth details, his endorsement shows that Avalanche has strengths in terms of scalability, fast transaction finality, and the growing number of projects in the decentralized finance (DeFi) sector. “I think the Avalanche will do well,” he said.
Algorand (SOMETHING)
Algorand (ALGO) was Scaramucci's next choice, although he admitted that this platform had experienced management changes that hampered its progress. Despite this, he still believes in Algorand's potential.
"I think Algorand lost a bit of a step after the management change, but there's a guy called John Wood there, and I think he's very smart. I think Algorand is still undervalued," he said. He believes Algorand has positive long-term prospects, despite the challenges that must be faced.
Read also: 8 Best Crypto Projects Developed in the US, There are XLM, HBAR, and XRP
Sui (SUI) dan Aptos (APT)
In closing, Scaramucci also listed Sui (SUI) and Aptos (APT) as altcoins with solid long-term prospects. “Sui and Aptos—I'm also a long-term supporter of both. "I don't believe there will be just one dominant chain," he said.
These two projects, which are the result of development by former developers at Meta (formerly Facebook), are seen by Scaramucci as technologies that could play an important role in the future blockchain ecosystem.
Bitcoin Remains Dominant, But Altcoins Will Have a Big Role
Although Bitcoin remains the undisputed market leader, Scaramucci emphasized that alternative blockchains will play an important role in the future. “Bitcoin is the whale, but there is a group of cardinals—they will be very useful in terms of their applications and networks that will develop in the next 5 to 15 years,” he said. In his view, although Bitcoin will remain a “major player,” altcoins like Ethereum, Solana, Polkadot and others will grow in importance in shaping the future of blockchain technology.
Conclusion
Anthony Scaramucci provides an interesting overview of the altcoins he believes will succeed in 2025 and beyond. From Ethereum which remains dominant as a smart contract platform to Solana which offers low transaction fees and high speed, as well as Polkadot, Avalanche, Algorand, Sui, and Aptos each offering unique potential in various sectors.
Scaramucci pointed out that while Bitcoin remains a major player, these altcoins will play a key role in shaping the broader blockchain ecosystem.
For those of you who are interested in investing in crypto, these options are worth considering for the long term.
FAQ 3 Altcoin
What is Ethereum (ETH)?
Ethereum is a blockchain platform for smart contracts and decentralized applications. Even though some are faster, Ethereum remains dominant in the crypto ecosystem.
What are the advantages of Solana (SOL)?
Solana is known for its fast transactions and low fees, making it popular for high-volume crypto applications.
Why is Polkadot (DOT) important?
Polkadot allows multiple blockchains to connect, supporting Web3 development and applications that require interoperability.
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Reference
News BTC, Anthony Scaramucci’s 2025 Crypto Picks: Top Altcoins To Buy This Year, accessed January 11, 2025.
Author: MF
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