TLDR
- Anticipated Rate Cuts: Scaramucci predicts 2 to 4 U.S. interest rate cuts in 2026, aiming to bolster both crypto and equity markets.
- Whale Influence: He highlights a significant selling pressure in 2025, estimating $4.6 billion dumped by large holders affecting altcoin prices.
- Top Altcoin Picks: Solana is his standout choice, praised for its low costs, speed, and developer-friendliness.
- Legislative Predictions: Scaramucci expects the passage of impactful crypto legislation, such as the Clarity Act, before the U.S. midterm elections.
Scaramucci’s Positive Outlook for 2026
Anthony Scaramucci, the founder of SkyBridge Capital, is ringing in optimism for the altcoin market in 2026. After experiencing a particularly rocky 2025 for altcoins, his eyes are set on a potential recovery fueled by key economic shifts and smart legislative moves. During a recent interview with Altcoin Daily, he expressed his belief that a handful of specific altcoins—including Solana, Avalanche, and TON—could weather the storms and come out on top.
Challenges of 2025 and Impact of Whale Selling
2025 proved to be a tough year for the altcoin sector, characterized by intense selling pressure from large holders, commonly referred to as "whales." Scaramucci estimated that approximately $4.6 billion worth of altcoins were sold off during the year. This drastic sell-off coincided with a surge in demand from crypto-focused exchange-traded funds (ETFs), which failed to stabilize prices as many had anticipated. A particularly damaging deleveraging event in October sent Bitcoin’s price spiraling down by around 30%, exacerbating the overall bearish sentiment.
Reflecting on his proprietary sentiment indicator, which he dubs the "bull meter," Scaramucci revealed it sits at a low 13 or 14 out of 100—a clear sign of prevailing bearish attitudes among investors.
The Role of U.S. Policy and Regulation
For Scaramucci, clarity in regulation is paramount for lifting the crypto market. He is particularly hopeful about the proposed Clarity Act, which aims to establish a clearer legal framework for digital assets. Scaramucci articulated that this legal ambiguity is a significant roadblock for institutional investments, holding back advancements in financial systems that could potentially benefit from tokenization.
He bolstered his argument by stating, "Who’s going to spend the kind of money needed to transform the financial system if there’s no guarantee that the investment will be protected?" Looking ahead, he believes there is a greater than 50% chance that crypto-friendly legislation will pass before the U.S. midterms, fueled by bipartisan support and increased funding for crypto-aligned campaigns.
Utility and Ecosystem Strength in Altcoin Choices
Among his top altcoin picks, Solana stands out, noted for its fast transaction speeds, low fees, and a robust developer ecosystem. Scaramucci is a proponent of a multi-chain future and holds a favorable outlook on Ethereum as well. He emphasized that while Ethereum has its strengths, Solana’s current advantages are more compelling.
Avalanche, another choice on his list, garnered praise without extensive elaboration, hinting at its promise within the altcoin framework. Notably, TON, the cryptocurrency associated with the Telegram messaging platform, caught his attention. During the interview, Scaramucci shared his journey with TON, noting he initially acquired it at $7.50, averaged down to about $4, and as of the time of his remarks, it was trading near $1.50. He believes that the integration of TON within the Telegram ecosystem could significantly boost its adoption and practical utility.
Economic Factors and Prospects for Recovery
Looking ahead, Scaramucci is optimistic about potential economic changes, predicting that the U.S. Federal Reserve could initiate two to four rate cuts in 2026. With the upcoming election year, Scaramucci argues that policymakers will likely prioritize economic growth, setting a favorable backdrop for both equities and digital assets.
In addition, he mentioned he has recently bolstered his family portfolio by purchasing more Bitcoin, holding onto a long-term price target of $150,000 despite ongoing delays in meeting that goal. He believes that an uptick in ETF flows, diminished whale selling, and clearer regulatory frameworks could create conditions ripe for recovery within the crypto space, making 2026 a potentially transformative year for high-quality altcoins.
In a climate where investor sentiment remains tepid, Scaramucci suggests even modest improvements could catalyze significant gains for well-positioned altcoins.
