Solana (SOL) Daily Market Analysis 03 March 2026

Solana shows mixed signals – here's the latest: • Price rebounded 11.43% to $87.15 (03 March 2026) but faces bearish head-and-shoulders pattern targeting $59 • Ecosystem DEX volume crashed 62% amid memecoin collapse, though network leads in daily active addresses • Institutional ETF inflows hit $43.13M weekly (26 February) but couldn't offset heavy retail selling pressure • Mobile Stack expansion announced (02 March 2026) and Alpenglow upgrade could be March catalysts • Retail derivatives show extreme 65.4% long bias, creating contrarian bearish signal amid market fear