Anthony Scaramucci Says The World Spends $4 Trillion A Year Verifying Transactions And Solana Could Slash That Cost By 75%

Benzinga12-17

Anthony Scaramucci, CEO of investment firm SkyBridge Capital, said at a recent event that Solana (CRYPTO: SOL)-powered asset tokenization has the potential to reduce transaction verification costs by ...

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Last week, he predicted that Solana would \"flip\" Ethereum (CRYPTO: ETH) in market value.Interestingly, Solana has suffered steeper losses than Ethereum amid the late 2025 market downturn. While ETH is down 11% year-to-date, its younger proof-of-stake counterpart has plunged 32% over the same period.Price Action: At the time of writing, SOL was exchanging hands at $128.58, up 2.07% in the last 24 hours, according to data from Benzinga Pro.Read Next: \n“Real World Assets” To Become Even Bigger Crypto Theme In 2026; Could RWA Protocols Like Ondo Finance Finally Trade Evenly With Bitcoin?\nPhoto courtesy: Al Teich / Shutterstock.com$BTCBitcoin$86840.80-1.15%Overview$DOGEDogecoin$0.1308-0.70%$SOLSolana$127.63-1.15%$ZECZcash$394.14-2.56%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. 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