Scaramucci is optimistic about the prospects of altcoins: rate cut window opens, three major cryptocurrencies worth paying attention to

The crypto market has experienced intense volatility in 2025 and seems to be turning a corner. SkyBridge Capital founder Anthony Scaramucci recently pointed out that changes in the U.S. policy environment—including rate cuts, liquidity releases, and the advancement of crypto legislation—could create a more favorable environment for altcoins. He believes that although the market has been under pressure this year, this extreme pessimism itself may serve as a catalyst for a reversal.

2025’s “Black Swan”: Whales’ Sell-Off Triggers Chain Reaction

Scaramucci describes 2025 as a year “full of unexpected challenges.” He notes that the outflow of large holders, amounting to approximately $4.6 billion, has been injected into ETF demand, with deleveraging events around mid-October further amplifying this decline. “Widespread deleveraging affected market makers, triggering a severe liquidity crisis,” he said. While a 30% drop in Bitcoin is considered “routine” in the market, it still caused significant impact on bullish traders.

The current market sentiment is extremely pessimistic. Scaramucci revealed that his internal “bull market index” is only 13-14 out of 100, which actually gives him a reason to be bullish—extreme bearish sentiment often signals an imminent reversal.

Policy Shift: Passage of the “Clear Act” Becomes Key

The core of Scaramucci’s optimistic outlook lies in the expected shift in U.S. policy. He emphasizes that the market is still awaiting the passage of blockchain legislation (the “Clear Act”), which is crucial for tokenization businesses. Without a clear legal framework, no institutions will invest heavily in transforming the financial system.

From a macro perspective, the global economy spends about $3.5-4 trillion annually on transaction verification. If tokenization and on-chain settlement can cut this cost in half, it could free up $2 trillion in capital expenditure in other areas of the economy or raise overall wages.

He estimates that the bill has a “greater than 50%” chance of passing before the midterm elections, reasoning that the Democratic Party has realized that the “anti-crypto voter” does not exist, and crypto-related policies could become a “divisive factor” in fierce competition.

Rate Cut Cycle and Policy Boost: Three Major Coins Emerge

Regarding opportunities in 2026, Scaramucci expects the U.S. to implement 2-4 rate cuts. The new administration, aiming to boost economic growth, is expected to release liquidity and lower interest rates to stimulate the economy. “This is good for the stock market, good for altcoins, and good for the entire crypto market,” he said.

When asked about the top three coins he is most optimistic about, Scaramucci listed the following:

Solana ranks first. His reasons are straightforward and compelling: low cost, fast speed, user-friendly, and developer-friendly. He does not dismiss Ethereum but looks forward to “a future with multiple chains coexisting.”

Avalanche follows closely. As a high-performance public chain, it also has scalability advantages.

TON (Telegram’s native token) ranks third. Scaramucci admits he may have misjudged the timing but remains optimistic about its prospects. He initially bought in at an average price of $7.50 and later increased his holdings at an average of around $4.00. Although the current trading price is only about $1.50, he believes that as the Telegram ecosystem expands, TON has the potential to become a widely used asset in the network.

Bitcoin Target Remains Unchanged, ETF Inflows as New Support

For Bitcoin, Scaramucci maintains an annual target of $150,000—though he jokes that he might be “a year late.” Recently, he “added Bitcoin holdings for his family,” betting that ETF inflows and policy easing can absorb the aftereffects of the whale sell-off in 2025.

As of the report, the total market capitalization of cryptocurrencies is $2.94 trillion. Driven by expectations of rate cuts and clearer policies, the altcoin market is poised for a new growth cycle.