Solana Mobile launched SKR token with nearly 2 billion tokens airdropped.
SKR rose approximately 39% on launch and is currently trading at $0.113.
Early staking locked up nearly 64% of the circulating supply.https://www.coinspeaker.com/nansen-brings-ai-based-crypto-trading-solution-to-solana-base-networks/ .
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.
Got your SKR? Put it to work.
Stake on Seeker: 1. Open Seed Vault Wallet 2. Go to SKR Staking 3. Choose your amount 4. Stake to earn SKR rewards
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.
Borrow. Lend. Loop.
Seeker Season adds @Loopscale to the lineup — and for the next 3 months, Seekers can earn 2x Loopscale points.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.