Solana Mobile has rolled out its long-awaited SKR token airdrop for Seeker smartphone users and select developers, adding a fresh ecosystem catalyst as SOL tradesSolana Mobile has rolled out its long-awaited SKR token airdrop for Seeker smartphone users and select developers, adding a fresh ecosystem catalyst as SOL trades

Solana Seeker Users Get SKR Airdrop as SOL Price Nears Make-or-Break Technical Zone

2026/01/22 09:00

Solana Mobile has rolled out its long-awaited SKR token airdrop for Seeker smartphone users and select developers, adding a fresh ecosystem catalyst as SOL trades near a critical technical support zone.

Related Reading: What the Triple-Tap At $1.80 Means For The XRP Price

The launch comes at a time when Solana’s price is hovering around $120–$130, an area analysts see as decisive for the token’s medium-term direction. SKR debuted at around $0.006 and climbed above $0.01 within hours of launch, pushing its market capitalization past $70 million.

More than 100,000 users are eligible to claim the airdrop through the Seeker phone’s built-in wallet over a 90-day window. Any unclaimed tokens will be returned to the general distribution pool.

Solana SKR Airdrop Targets Users and Developers

Solana Mobile allocated 30% of SKR’s fixed 10 billion token supply to airdrops and early unlocks. Nearly 2 billion SKR are being distributed to Seeker phone owners and developers who deployed “quality apps” in the Solana dApp Store during Season 1.

The company said the token underpins governance, incentives, and economic activity within the Solana Mobile ecosystem. SKR can be staked directly from the Seed Vault wallet, with inflation events occurring every 48 hours. The annual inflation rate starts at 10% and declines by 25% each year until it stabilizes at 2%.

The airdrop coincides with the start of Seeker’s Season 2 campaign, which introduces a refreshed app catalog, rewards programs, and a focus on sectors such as DeFi, gaming, payments, trading, and decentralized physical infrastructure (DePIN).

Community reaction has been mixed. Some users reported receiving several thousand dollars’ worth of SKR, while others reported allocations closer to $50–$100. Some users expressed disappointment, citing delays in phone delivery and additional shipping costs.

SOL Price Near Key Support

While SKR draws attention to Solana’s mobile strategy, the SOL token itself is facing a technical test. After breaking below $136, SOL has slipped into the $120–$127 zone, where an ascending trendline from the 2023 lows meets historical horizontal support.

This area has previously acted as both resistance and support, making it a closely watched “flip zone” for traders. A sustained hold above $120 could open the door to a recovery toward the $135–$150 range. A breakdown, however, may expose downside targets near $110 or even $100.

Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt

Short-term indicators show some stabilization. SOL recently bounced from around $124 to near $128, supported by renewed ETF inflows of roughly $3.08 million and spot market accumulation of about $9.31 million. These flows suggest buyers are stepping in at current levels.

Cover image from ChatGPT, SOLUSD chart on Tradingview

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

SEC Delays Crypto Innovation Exemptions, Citing Further Study

SEC Delays Crypto Innovation Exemptions, Citing Further Study

SEC postpones crypto innovation exemptions for blockchain products pending further analysis and congressional input.
Share
CoinLive2026/01/31 11:15
Crypto Market Crash To 6-Month Low Amid Rising Tensions Between Iran and The US

Crypto Market Crash To 6-Month Low Amid Rising Tensions Between Iran and The US

The post Crypto Market Crash To 6-Month Low Amid Rising Tensions Between Iran and The US appeared on BitcoinEthereumNews.com. Key Insights: President Trump induces
Share
BitcoinEthereumNews2026/01/31 11:02
If you put $1,000 in Intel at the start of 2025, here’s your return now

If you put $1,000 in Intel at the start of 2025, here’s your return now

The post If you put $1,000 in Intel at the start of 2025, here’s your return now appeared on BitcoinEthereumNews.com. Intel (NASDAQ: INTC) and Nvidia (NASDAQ: NVDA) announced a new partnership on Thursday, September 18, working on several generations of custom data center and computing chips designed to boost performance in hyperscale, enterprise, and consumer applications. As part of the collaboration, Nvidia, the undisputed leader of the semiconductor sector, will also invest $5 billion in Intel by purchasing its common stock at a price of $23.28 per share. Following the news, Intel stock jumped more than 30% in pre-market trading, while Nvidia saw a 3% uptick, a welcome change following weeks of shaky performance and controversies regarding its Chinese sales. Trading at $31.34 at the time of writing, INTC shares are up 54.99% year-to-date (YTD). INTC YTD stock price. Source: Google Accordingly, a $1,000 investment in the tech company at the start of the year would now be worth $1,549.90, giving you a return of $549.90. ‘The next era of computing’ The move follows a wave of fresh backing for the struggling Intel, including a nearly $9 billion U.S. government purchase of a 10% stake just weeks ago and a $2 billion investment from Japan’s SoftBank. As such, the deal has the potential to put Intel back into the game after years of trying to catch up not just with Nvidia but also AMD (NASDAQ: AMD) and Broadcom (NASDAQ: AVGO). “This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing,” wrote Nvidia founder and chief executive officer (CEO), Jensen Huang.  However, the U.S. government’s direct involvement suggests that more is at stake than simply propping up Intel, as it likely reflects a broader concern about keeping America competitive…
Share
BitcoinEthereumNews2025/09/18 22:47