Seeker phone launch sends Solana SKR token up over 200%

Beincrypto reports Solana’s Seeker phone launch sparked a sharp rally in the SKR token, which climbed more than 200% within days of launch, according to CoinGecko data. The surge followed the token generation event and airdrop tied to Solana Mobile’s $500 Android Seeker device, which integrates a Seed Vault for private keys, biometric transaction signing, and access to a Solana dApp Store; Solana Mobile said more than 150,000 units were preordered in the first sales wave.

SKR is a Solana-based token with a fixed supply of 10 billion, and roughly 30% of that supply was allocated to users and developers through the airdrop. Claims were processed through the Seeker wallet with immediate staking enabled, and early staking removed a large share of tokens from circulation while yields near 24% APY encouraged participation.

Fast exchange listings and heavy trading — daily volume exceeded $140 million at peak, and major exchanges like Coinbase and Kraken listed the token despite a circulating market cap near $200 million — accelerated price discovery. The report said the rally was driven more by launch mechanics than by fundamentals, and that long-term value will depend on device adoption, app usage, and reduced inflation over time.

Key Topics

Crypto, Solana, Skr Token, Seeker Phone, Solana Mobile, Seeker Wallet