Solana (SOL) Daily Market Analysis 22 February 2026

Solana presents a complex picture of strong fundamentals amid price weakness – here's the latest: • Trading at $84.83 (22 February 2026) with a 45% drawdown from January highs • Saw $9.7M in ETF inflows over two days, diverging from broader market outflows • On-chain strength shown by leading DApp revenue ($3.4M/day) and $9B+ TVL • Derivatives show extreme retail long positioning (69.9%) creating vulnerability • Market sentiment is in extreme fear (Fear & Greed Index at 8/100)