The post Solana News: Solana Mobile Confirms Jan. 21 SKR Token Launch with Major Airdrop appeared on BitcoinEthereumNews.com. Solana Mobile confirms SKR token launchThe post Solana News: Solana Mobile Confirms Jan. 21 SKR Token Launch with Major Airdrop appeared on BitcoinEthereumNews.com. Solana Mobile confirms SKR token launch

Solana News: Solana Mobile Confirms Jan. 21 SKR Token Launch with Major Airdrop

Solana Mobile confirms SKR token launch on Jan. 21, offering airdrops, staking rewards, and governance features for Seeker users.

Solana Mobile has confirmed the launch date for its SKR token. The release is scheduled for Jan. 21. The launch includes a large airdrop for Solana Seeker smartphone users. Therefore, the announcement marks a key milestone for Solana’s mobile ecosystem.

Solana Mobile Unveils SKR Launch and Airdrop Details

According to Solana Mobile, SKR will launch on Jan. 21 at 2 am UTC. Up to 20% of the token supply will be distributed through airdrops. The airdrop targets early Solana Seeker device users and developers. However, first-generation Solana Saga users are excluded.

The total fixed supply of SKR is 10 billion tokens. Out of this, 30% is reserved for airdrops. On launch day, 20% or 2 billion tokens will be distributed. Additionally, approximately 2.7 billion tokens will unlock on January 20. These unlocks support liquidity, the community treasury, and growth partnerships.

Related Reading: Solana to Launch ‘SKR’ Mobile Token in 2026 | Live Bitcoin News

Users can delegate SKR tokens to entities called Guardians. These Guardians help secure the Solana network. They also verify devices and curate applications for the decentralized app store. In return, users will earn staking rewards and access exclusive in-app features.

Solana Mobile stated SKR enables community-driven governance. Token holders can influence participation rules and economic flows. Therefore, the airdrop represents the first step toward decentralized mobile governance. The company emphasized shared control across the ecosystem.

Holders who stake SKR can vote for Guardians. These Guardians are Solana node operators responsible for vetting mobile applications. Staked tokens will earn yield, according to Solana Mobile. This design links network security with mobile application quality.

Guardians, Tokenomics, and Seeker Ecosystem Growth

Several firms will serve as Guardians starting in 2026. These include Anza, DoubleZero, Helius, and Jito. All maintain close ties with Solana Labs. However, Solana Mobile stressed that no single entity controls approvals. Multiple operators support an open mobile framework.

SKR follows an inflation-based reward model. The token starts with a 10% inflation rate during its first year. This rate will decline by 25% annually. Eventually, inflation stabilizes at a 2% terminal rate. This structure aims to strike a balance between rewards and long-term supply control.

Solana Mobile released the Seeker smartphone last August. The device represents the company’s second-generation crypto-focused phone. It targets users seeking alternatives to Apple and Google ecosystems. Both companies charge significant application store fees.

Solana Mobile previously criticized restrictive app store policies. Emmett Hollyer, general manager, said reduced fees could unlock innovation. He shared these views during the Seeker announcement in 2024. The SKR token strengthens that open mobile vision.

The launch follows strong ecosystem activity. Seeker Season 1 recorded over 100,000 participants. It generated 9 million transactions. Total volume reached $2.6 billion across more than 265 decentralized applications.

Seeker Season 2 officially began on Jan. 7, 2026. The SKR launch builds on this momentum. Therefore, Solana Mobile aims to deepen user engagement and governance. The initiative highlights growing competition in blockchain-based mobile platforms.

Source: https://www.livebitcoinnews.com/solana-mobile-confirms-jan-21-skr-token-launch-with-major-airdrop/

Market Opportunity
Helium Mobile Logo
Helium Mobile Price(MOBILE)
$0,0001918
$0,0001918$0,0001918
-0,62%
USD
Helium Mobile (MOBILE) Live Price Chart
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

Real Estate Tokenization: Why Legal Architecture Matters More Than Technology

Real Estate Tokenization: Why Legal Architecture Matters More Than Technology

Oleg Lebedev on How Corporate Law Determines the Success or Failure of Digital Asset Projects. Real estate tokenization is gaining momentum worldwide.Visit Website
Share
Coinstats2026/01/10 02:00
Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps

The post Fed Makes First Rate Cut of the Year, Lowers Rates by 25 Bps appeared on BitcoinEthereumNews.com. The Federal Reserve has made its first Fed rate cut this year following today’s FOMC meeting, lowering interest rates by 25 basis points (bps). This comes in line with expectations, while the crypto market awaits Fed Chair Jerome Powell’s speech for guidance on the committee’s stance moving forward. FOMC Makes First Fed Rate Cut This Year With 25 Bps Cut In a press release, the committee announced that it has decided to lower the target range for the federal funds rate by 25 bps from between 4.25% and 4.5% to 4% and 4.25%. This comes in line with expectations as market participants were pricing in a 25 bps cut, as against a 50 bps cut. This marks the first Fed rate cut this year, with the last cut before this coming last year in December. Notably, the Fed also made the first cut last year in September, although it was a 50 bps cut back then. All Fed officials voted in favor of a 25 bps cut except Stephen Miran, who dissented in favor of a 50 bps cut. This rate cut decision comes amid concerns that the labor market may be softening, with recent U.S. jobs data pointing to a weak labor market. The committee noted in the release that job gains have slowed, and that the unemployment rate has edged up but remains low. They added that inflation has moved up and remains somewhat elevated. Fed Chair Jerome Powell had also already signaled at the Jackson Hole Conference that they were likely to lower interest rates with the downside risk in the labor market rising. The committee reiterated this in the release that downside risks to employment have risen. Before the Fed rate cut decision, experts weighed in on whether the FOMC should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 04:36
Why Altcoins Could Be Primed for 5–10x Gains After Years of Consolidation

Why Altcoins Could Be Primed for 5–10x Gains After Years of Consolidation

Altcoins are poised for a potential 5-10x surge after long consolidation, with dominance set to rise in 2025 based on historical trends. The cryptocurrency market
Share
LiveBitcoinNews2026/01/10 02:32