Solana Price Tumbles as SOL Founder Compares Looming US Bond Market Crisis to MicroStrategy

Crypto assets are facing turbulence amid the ongoing trade war between the US and China. Solana (SOL) has been among the worst-hit altcoins amid macroeconomic fears, with its price dropping by 15% in just seven days. The decline could worsen in the coming days after a sharp spike in the 10-year note yield triggering concerns about a looming crisis in the US bond market, which SOL founder Anatoly Yakovenko compared to MicroStrategy.