Solana Mobile has launched its long-awaited SKR token airdrop for Seeker smartphone users and select developers, adding a fresh catalyst to the ecosystem as SOL trades near a critical support zone.
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The launch comes at a time when Solana’s price is hovering around $120-130, which area analysts consider decisive for the token’s medium-term direction. SKR debuted at around $0.006 and within hours of launch it rose above $0.01, increasing its market capitalization to over $70 million.
Over 100,000 users are eligible to claim the airdrop via Seeker’s built-in phone wallet within 90 days. Any unclaimed tokens will be returned to the general distribution pool.
SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview
Solana SKR Airdrop is aimed at users and developers
Solana Mobile has allocated 30% of its 10 billion fixed supply of SKR tokens to airdrops and early unlocks. Nearly SKR 2 billion will be distributed to Seeker phone owners and developers who deployed “high-quality apps” on the Solana dApp Store in Season 1.
The company said the token underpins governance, incentives and economic activity in the Solana Mobile ecosystem. SKR can be staked directly from your Seed Vault wallet and inflation occurs every 48 hours. The annual inflation rate starts at 10% and decreases by 25% each year until it stabilizes at 2%.
The drop coincides with the start Seeker Season 2 Campaignwhich introduces a refreshed app catalog, rewards programs and a focus on sectors such as DeFi, gaming, payments, commerce and decentralized physical infrastructure (DePIN).
Community reaction was mixed. Some users have reported receiving SKRs worth several thousand dollars, while others have reported allocations closer to $50-$100. Some users expressed disappointment, citing delays in the delivery of the phone and additional shipping costs.
SOL price near key support
While SKR pays attention to Solana’s mobile strategy, SOL token itself undergoes a technical test. After breaking below $136, SOL has moved into the $120-$127 zone, where the rising trendline out of the 2023 lows meets historical horizontal support.
This area has previously acted as both resistance and support, making it a closely watched “reversal zone” for traders. A sustained stay above $120 could pave the way for a recovery towards the $135-150 range. However, a breakdown could reveal downside targets near $110 or even $100.
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Short-term indicators show some stabilization. SOL recently rebounded from around $124 to almost $128, supported by renewed ETF inflows of around $3.08 million and cash market accumulation of around $9.31 million. These flows suggest that buyers are entering current levels.
Cover image from ChatGPT, the SOLUSD chart on Tradingview
