Solana price stuck in February range as fear-led selling challenges path toward $47.93 target

Solana climbed from $75.6 to $92.1 in a 21.78% move over 32 hours, but then slipped back toward the lower end of its February range. Derivatives data, on‑chain Coin Days Destroyed, and a bearish weekly structure point to persistent selling pressure and a long‑term extension target near $47.93. Traders are watching the $76 range lows and Bitcoin's ability to hold $64k–$66k for clues on the next major move.