Coinspeaker
Jan 21, 2026
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Solana Mobile Launches SKR Token with $26.6 Million Airdrop

Solana Mobile has introduced SKR, the native token for its mobile ecosystem. This launch is part of one of the largest airdrops on the Solana blockchain to date.

  • Approximately 2 billion SKR tokens were distributed to participants of Seeker Season 1.
  • Over 100,000 users and 188 developers are eligible to claim tokens, with the airdrop valued at around $26.6 million.
  • Claims are open for 90 days; unclaimed tokens will return to the airdrop pool.

Functionality of SKR in the Seeker Ecosystem

  • SKR serves as a utility and governance token for Solana Mobile, supporting staking rewards, governance, and incentives.
  • The token has a fixed supply of 10 billion SKR.
  • Staking options are available through the Seed Vault Wallet or Solana Mobile’s web interface with 0% commission initially.

Market Reaction and Supply Lockup

  • SKR's trading began at 02:00 UTC, surging by around 39% to approximately $0.0113.
  • The current circulating supply is about 5.43 billion tokens, with a market cap of approximately $62 million.
  • Around 64% of the circulating supply is locked in staking contracts, reducing liquid supply and short-term sell pressure.

Seeker Season 2 and Future Plans

  • Seeker Season 1 saw over 256 decentralized apps launched with $2.6 billion in transaction volume.
  • Developers received SKR allocations, with teams earning 750,000 tokens each, valued over $11,000 at peak prices.
  • Seeker Season 2 introduces new rewards and incentives across various applications.
  • Future SKR distributions remain for upcoming ecosystem participants, with potential expansion beyond the first device.