The SKR token powers governance and staking within the Solana Seeker mobile ecosystem, with rewards distributed every 48 hours at no commission. The post SolanaThe SKR token powers governance and staking within the Solana Seeker mobile ecosystem, with rewards distributed every 48 hours at no commission. The post Solana

Solana Mobile Surprises Users With SKR Token Airdrop

3 min read

Solana Mobile has launched SKR, the native token of its mobile ecosystem, as the Solana SOL $127.1 24h volatility: 1.6% Market cap: $71.87 B Vol. 24h: $5.10 B community saw one of the largest consumer-focused airdrops on the blockchain network to date.

The token went live this week, with nearly 2 billion SKR distributed to users and developers who participated in Seeker Season 1.

More than 100,000 users and 188 developers are eligible to claim tokens. At launch prices, the airdrop was valued at roughly $26.6 million.

Claims are open for 90 days, after which unclaimed tokens return to the airdrop pool.

What SKR Does Inside the Seeker Ecosystem

SKR is the utility and governance token for the Solana Mobile platform. It powers staking rewards, governance decisions, and incentive alignment across users, developers, Guardians, and hardware partners.

The token is issued as an SPL asset on Solana with a fixed supply of 10 billion SKR.

Once claimed, SKR can be staked immediately through the Seed Vault Wallet or Solana Mobile’s web interface.

Staking carries 0% commission at launch, with inflation events every 48 hours. Rewards compound automatically, and unstaking carries a 48-hour cooldown.

Early Market Reaction and Supply Lockup

SKR began trading around 02:00 UTC and quickly surged roughly 39%, reaching about $0.0113.

Circulating supply currently stands near 5.43 billion tokens with an estimated market capitalization of around $62 million.

On-chain data shows aggressive early staking. Roughly 3.6 billion SKR, or nearly 64% of the circulating supply, has already been locked in staking contracts.

This reduces liquid supply and limits short-term sell pressure.

Seeker Season 2 and More

The airdrop follows the conclusion of Seeker Season 1, which began after Solana Mobile started shipping Seeker devices globally in August 2025.

During the season, over 256 decentralized apps launched in the Solana dApp Store, processing more than $2.6 billion in transaction volume.

Developers who shipped approved apps received SKR allocations, with each qualifying team earning 750,000 tokens.

At peak prices, those allocations were worth over $11,000. Also, developers can avoid the 30% tax charged by the App Store via the Solana dApp Store.

It is important to note that Solana Mobile has already kicked off Seeker Season 2. New rewards, boosted incentives, and early access campaigns are now live across DeFi, gaming, payments, and DePIN applications.

Only a portion of the total SKR supply has been distributed so far, leaving additional tokens reserved for future ecosystem participants.

Solana Mobile has also hinted at expansion beyond its first device.

next

The post Solana Mobile Surprises Users With SKR Token Airdrop appeared first on Coinspeaker.

Market Opportunity
Seeker Logo
Seeker Price(SKR)
$0.017993
$0.017993$0.017993
+0.58%
USD
Seeker (SKR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The cryptocurrency market seems to have caught headwinds entering February. Portfolios across the globe are flashing red as the flash crash of February 2nd wreaks
Share
Captainaltcoin2026/02/04 02:30
IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge!

The post IP Hits $11.75, HYPE Climbs to $55, BlockDAG Surpasses Both with $407M Presale Surge! appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 18:00 Discover why BlockDAG’s upcoming Awakening Testnet launch makes it the best crypto to buy today as Story (IP) price jumps to $11.75 and Hyperliquid hits new highs. Recent crypto market numbers show strength but also some limits. The Story (IP) price jump has been sharp, fueled by big buybacks and speculation, yet critics point out that revenue still lags far behind its valuation. The Hyperliquid (HYPE) price looks solid around the mid-$50s after a new all-time high, but questions remain about sustainability once the hype around USDH proposals cools down. So the obvious question is: why chase coins that are either stretched thin or at risk of retracing when you could back a network that’s already proving itself on the ground? That’s where BlockDAG comes in. While other chains are stuck dealing with validator congestion or outages, BlockDAG’s upcoming Awakening Testnet will be stress-testing its EVM-compatible smart chain with real miners before listing. For anyone looking for the best crypto coin to buy, the choice between waiting on fixes or joining live progress feels like an easy one. BlockDAG: Smart Chain Running Before Launch Ethereum continues to wrestle with gas congestion, and Solana is still known for network freezes, yet BlockDAG is already showing a different picture. Its upcoming Awakening Testnet, set to launch on September 25, isn’t just a demo; it’s a live rollout where the chain’s base protocols are being stress-tested with miners connected globally. EVM compatibility is active, account abstraction is built in, and tools like updated vesting contracts and Stratum integration are already functional. Instead of waiting for fixes like other networks, BlockDAG is proving its infrastructure in real time. What makes this even more important is that the technology is operational before the coin even hits exchanges. That…
Share
BitcoinEthereumNews2025/09/18 00:32
XRP Locked In DeFi Continues To Rise Across The Ecosystem – Here’s How Much

XRP Locked In DeFi Continues To Rise Across The Ecosystem – Here’s How Much

With the DeFi ecosystem experiencing continued growth, a notable amount of XRP is being seen across the sector. After a period of reduced demand, more of the token
Share
Bitcoinist2026/02/04 02:00