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

Quick Summary:

Solana (SOL) has been among the worst-hit altcoins amid macroeconomic fears, with its price dropping by 15% in just seven days.

Crypto assets are facing turbulence amid the ongoing trade war between the US and China.

The yield on SOL staking has plunged significantly, making it less attractive to traders looking to hold Solana.

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Article Details

Author / Journalist: muthoni

Category: Crypto

Markets: IndiaChina

Topics: SOL price Solana Price Analysis Solana Price Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 08:55:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27751664

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 30 posts per day

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News Last Updated: 8 hours ago

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