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)
$0.019589
$0.019589$0.019589
+9.50%
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

Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab

Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab

The post Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab appeared on BitcoinEthereumNews.com. In brief Rekt Brands sold its 1 millionth can of its Rekt Drinks flavored sparkling water. The Web3 firm collaborated with payments infrastructure company MoonPay on a peach-raspberry flavor called “Moon Crush.” Rekt incentivizes purchasers of its drinks with the REKT token, which hit an all-time high market cap of $583 million in August. Web3 consumer firm Rekt Brands sold its 1 millionth can of its Rekt Drinks sparkling water on Friday, surpassing its first major milestone with the sold-out drop of its “Moon Crush” flavor—a peach raspberry-flavored collaboration with payments infrastructure firm MoonPay.  The sale follows Rekt’s previous sellout collaborations with leading Web3 brands like Solana DeFi protocol Jupiter, Ethereum layer-2 network Abstract, and Coinbase’s layer-2 network, Base. Rekt has already worked with a number of crypto-native brands, but says it has been choosy when cultivating collabs. “We have received a large amount of incoming enquiries from some of crypto’s biggest brands, but it’s super important for us to be selective in order to maintain the premium feel of Rekt,” Rekt Brands co-founder and CEO Ovie Faruq told Decrypt.  (Disclosure: Ovie Faruq’s Canary Labs is an investor in DASTAN, the parent company of Decrypt.) “We look to work with brands who are able to form partnerships that we feel are truly strategic to Rekt’s goal of becoming one of the largest global beverage brands,” he added. In particular, Faruq highlighted MoonPay’s role as a “gateway” between non-crypto and crypto users as a reason the collaboration made “perfect sense.”  “We’re thrilled to bring something to life that is both delicious and deeply connected to the crypto community,” MoonPay President Keith Grossman told Decrypt.  Rekt Brands has been bridging the gap between Web3 and the real world with sales of its sparkling water since November 2024. In its first sale,…
Share
BitcoinEthereumNews2025/09/20 09:24
Solana Price Prediction from Standard Chartered

Solana Price Prediction from Standard Chartered

Solana (SOL) is currently navigating a high-stakes technical test, trading near its 10-month lows as the market digests a 60% drawdown from its 2025 peak. Despite
Share
Ethnews2026/02/04 07:15
The Staggering $750M Unrealized Deficit Shaking Corporate Crypto Strategy

The Staggering $750M Unrealized Deficit Shaking Corporate Crypto Strategy

The post The Staggering $750M Unrealized Deficit Shaking Corporate Crypto Strategy appeared on BitcoinEthereumNews.com. MicroStrategy Bitcoin Loss: The Staggering
Share
BitcoinEthereumNews2026/02/04 06:49