Solana Mobile has rolled out an airdrop of its new SKR token to holders of the Solana Seeker, distributing nearly 2 billion tokens worth about $26.6 million to Solana Mobile has rolled out an airdrop of its new SKR token to holders of the Solana Seeker, distributing nearly 2 billion tokens worth about $26.6 million to

Solana Mobile Launches SKR Token Airdrop for Seeker Smartphone Users

  • Solana Mobile has launched its native SKR utility and governance token, airdropping nearly 2 billion tokens to over 100,000 Seeker phone users and 188 developers.
  • The SKR token features a 10 billion fixed supply and a linear inflation model starting at 10% annually, which rewards early participants who stake to ecosystem “Guardians.”
  • Launched at $0.006, the token surged over 400% to $0.05 on its first day as the Seeker ecosystem transitioned into its “Season 2” incentive phase.

Solana Mobile has begun distributing nearly 2 billion tokens to users and developers of its Web3 smartphone, marking the launch of the Seeker token (SKR) and the start of a new incentive system tied to its mobile ecosystem.

The airdrop applies to owners of the Solana Seeker phone and participating developers, and eligible users have 90 days to claim the tokens, which can be staked immediately for rewards. 

The airdrop covers at least 100,000 users and 188 developers, with the tokens valued at about US$26.6 million (AU$40.7 million) at launch.

After claiming their allocation, users can stake SKR through Solana Mobile’s staking system. The company said staking rewards begin immediately, with token inflation events scheduled every 48 hours and no commission applied at launch.

Read more: Analyst: Why Chainlink Matters More Than Most Investors Realise

SKR Token Launches

The SKR token was announced a month ago, confirmed by Solana co-founder Anatoly Yakovenko.

It is the utility and governance token for the Solana Mobile platform. It has a fixed supply of 10 billion tokens and is issued as a Solana Program Library (SPL) asset, the standard token format on the Solana blockchain. 

The idea behind the token is relatively simple: to support governance, rewards, security initiatives and access to platform features, while aligning incentives across users and developers.

The Seeker smartphone, launched in August 2025, is an Android-based device built specifically for crypto use. It is the successor to the Solana Saga, Solana Mobile’s first phone, released in 2022. The Seeker includes a native decentralised app store and deep integration with the Solana ecosystem.

Trading data shows strong early market activity. SKR began trading around 2:00 am UTC and rose roughly 440% to US$0.05 (AU$0.74) according to CoinGecko.

Read more: How Zero-Knowledge Proofs Are Turning Bitcoin into a Settlement Layer

The post Solana Mobile Launches SKR Token Airdrop for Seeker Smartphone Users appeared first on Crypto News Australia.

Market Opportunity
Seeker Logo
Seeker Price(SKR)
$0.046248
$0.046248$0.046248
+255.69%
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 rise of the AI orchestrators

The rise of the AI orchestrators

While the use of artificial intelligence (AI) in the workplace has nearly doubled over the last two years, its best days undoubtedly still lie ahead.  No longer
Share
AI Journal2026/01/22 20:47
Breaking: CME Group Unveils Solana and XRP Options

Breaking: CME Group Unveils Solana and XRP Options

CME Group launches Solana and XRP options, expanding crypto offerings. SEC delays Solana and XRP ETF approvals, market awaits clarity. Strong institutional demand drives CME’s launch of crypto options contracts. In a bold move to broaden its cryptocurrency offerings, CME Group has officially launched options on Solana (SOL) and XRP futures. Available since October 13, 2025, these options will allow traders to hedge and manage exposure to two of the most widely traded digital assets in the market. The new contracts come in both full-size and micro-size formats, with expiration options available daily, monthly, and quarterly, providing flexibility for a diverse range of market participants. This expansion aligns with the rising demand for innovative products in the crypto space. Giovanni Vicioso, CME Group’s Global Head of Cryptocurrency Products, noted that the new options offer increased flexibility for traders, from institutions to active individual investors. The growing liquidity in Solana and XRP futures has made the introduction of these options a timely move to meet the needs of an expanding market. Also Read: Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! Rapid Growth in Solana and XRP Futures Trading CME Group’s decision to roll out options on Solana and XRP futures follows the substantial growth in these futures products. Since the launch of Solana futures in March 2025, more than 540,000 contracts, totaling $22.3 billion in notional value, have been traded. In August 2025, Solana futures set new records, with an average daily volume (ADV) of 9,000 contracts valued at $437.4 million. The average daily open interest (ADOI) hit 12,500 contracts, worth $895 million. Similarly, XRP futures, which launched in May 2025, have seen significant adoption, with over 370,000 contracts traded, totaling $16.2 billion. XRP futures also set records in August 2025, with an ADV of 6,600 contracts valued at $385 million and a record ADOI of 9,300 contracts, worth $942 million. Institutional Demand for Advanced Hedging Tools CME Group’s expansion into options is a direct response to growing institutional interest in sophisticated cryptocurrency products. Roman Makarov from Cumberland Options Trading at DRW highlighted the market demand for more varied crypto products, enabling more advanced risk management strategies. Joshua Lim from FalconX also noted that the new options products meet the increasing need for institutional hedging tools for assets like Solana and XRP, further cementing their role in the digital asset space. The launch of options on Solana and XRP futures marks another step toward the maturation of the cryptocurrency market, providing a broader range of tools for managing digital asset exposure. SEC’s Delay on Solana and XRP ETF Approvals While CME Group expands its offerings, the broader market is also watching the progress of Solana and XRP exchange-traded funds (ETFs). The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on multiple crypto-related ETF filings, including those for Solana and XRP. Despite the delay, analysts anticipate approval may be on the horizon. This week, REX Shares and Osprey Funds are expected to launch an XRP ETF that will hold XRP directly and allocate at least 40% of its assets to other XRP-related ETFs. Despite the delays, some analysts believe that approval could come soon, fueling further interest in these assets. The delay by the SEC has left many crypto investors awaiting clarity, but approval of these ETFs could fuel further momentum in the Solana and XRP futures markets. Also Read: Tether CEO Breaks Silence on $117,000 Bitcoin Price – Market Reacts! The post Breaking: CME Group Unveils Solana and XRP Options appeared first on 36Crypto.
Share
Coinstats2025/09/18 02:35
Why Is Crypto Up Today? – January 22, 2026

Why Is Crypto Up Today? – January 22, 2026

The crypto market is up today after several days of a downward trajectory. The cryptocurrency market capitalisation increased by 1.5% over the past 24 hours to $
Share
CryptoNews2026/01/22 20:22