Anthony Scaramucci Describes Avalanche as the 'Swiss Army Knife' of Layer-1 Blockchains and Explains His Significant Investment in This Ethereum Competitor
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 23 2025
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Source: benzinga_crypto
Scaramucci's Optimism on Avalanche: Anthony Scaramucci, strategic advisor for AgriFORCE, expressed strong confidence in Avalanche (AVAX), referring to it as the "Swiss army knife" of Layer-1 networks due to its flexibility and tokenization potential for corporate assets.
Market Performance and Developments: AVAX has seen a significant price increase of 27% over the past month, trading at $33.29, while AgriFORCE shares experienced a decline of 7.08% after a substantial rise in regular trading.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
