The post Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners appeared on BitcoinEthereumNews.com. In brief Solana Mobile will The post Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners appeared on BitcoinEthereumNews.com. In brief Solana Mobile will

Solana Mobile Gears Up to Airdrop SKR Token to Seeker Phone Users—But Not Saga Owners

In brief

  • Solana Mobile will conduct its SKR token airdrop on January 20.
  • The initial airdrop will provide 20% of the supply, or 2 billion SKR tokens, to Seeker phone users and app developers.
  • Users of the earlier Solana Saga smartphone are not eligible for the SKR airdrop.

Solana Mobile will airdrop its new SKR token to Seeker smartphone users and developers in its mobile ecosystem on January 20, it announced on Wednesday. However, users of the earlier Solana Saga phone won’t be eligible for the new token drop, a Solana Mobile rep confirmed to Decrypt.

While an official X post from Solana Mobile said the airdrop will occur on January 21 in the UTC time zone, a screenshot in the thread shows that the airdrop claim will take place at 9pm ET on January 20.

The airdrop will grant 20% or 2 billion unlocked SKR tokens to holders of the second generation Solana Mobile phone, the Seeker, and developers of applications for the crypto-focused mobile device. Overall, 30% of the total 10 billion SKR tokens have been set aside for airdrop incentives.

“SKR will give all of the people who have gotten us to this point the opportunity to influence the success of this platform: who can participate, what rules they follow, and what economic flows keep it going,” Solana Mobile GM Emmett Hollyer posted on X. “This airdrop is the first step.” 

Additional details about the airdrop claim and allocation process are expected in the near future, but the mobile arm of the speedy layer-1 network said that a snapshot of activity on Seeker devices has already been taken in advance of the token launch.

That activity has spanned more than 9 million transactions and $2.6 billion in transactional volume as part of “Seeker Season 1” since devices started shipping globally in August. Season 2 began on Wednesday, with more details expected about the season on Thursday. 

Beyond the airdropped tokens, an additional 2.7 billion SKR, or 27% of the total supply, will be unlocked during the token generation event on January 20—1 billion tokens each for liquidity and the community treasury, and 700 million for growth and partnerships. A further 1.8 billion SKR will unlock linearly to support growth initiatives in the future, according to the tokenomics breakdown.

“Our plans haven’t changed: we are building the easiest, most secure way to participate in internet capital markets from the supercomputer in your pocket,” Hollyer posted. “SKR is a critical step on the path to an open ecosystem that will bring on more devices, more developers, and more users.”

More than 150,000 Seeker devices were pre-ordered by crypto users following the rollout of Solana Mobile’s first-generation Android device, the Solana Saga. The Seeker sells for $500.

The Saga, which generated buzz for the frenzy of airdrops attached to the phone, lost support for software updates and security patches in October. That lack of support also applies to the SKR airdrop.

“Saga users will not be accounted for in the SKR airdrop,” a rep told Decrypt.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source: https://decrypt.co/353912/solana-mobile-airdrop-skr-token-seeker-phone-users-not-saga-owners

Market Opportunity
Helium Mobile Logo
Helium Mobile Price(MOBILE)
$0.0001879
$0.0001879$0.0001879
-2.54%
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 [email protected] 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

Stellar (XLM) Eyes $0.28 After Roadmap Signals Stablecoin and Lending Growth

Stellar (XLM) Eyes $0.28 After Roadmap Signals Stablecoin and Lending Growth

Stellar (XLM) is taking major steps in the world of DeFi with its new Q1 2026 roadmap that has been rolled out. This new roadmap is focused on the upcoming mainnet
Share
Tronweekly2026/01/12 03:30
X Smart Cashtags: Elon Musk’s Platform Eyes Crypto and Stock Trading Integration

X Smart Cashtags: Elon Musk’s Platform Eyes Crypto and Stock Trading Integration

A newly teased feature called Smart Cashtags, revealed by X’s head of product Nikita Bier, suggests the platform is moving beyond passive market commentary toward
Share
Coinstats2026/01/12 02:18
Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC

The post Franklin Templeton CEO Dismisses 50bps Rate Cut Ahead FOMC appeared on BitcoinEthereumNews.com. Franklin Templeton CEO Jenny Johnson has weighed in on whether the Federal Reserve should make a 25 basis points (bps) Fed rate cut or 50 bps cut. This comes ahead of the Fed decision today at today’s FOMC meeting, with the market pricing in a 25 bps cut. Bitcoin and the broader crypto market are currently trading flat ahead of the rate cut decision. Franklin Templeton CEO Weighs In On Potential FOMC Decision In a CNBC interview, Jenny Johnson said that she expects the Fed to make a 25 bps cut today instead of a 50 bps cut. She acknowledged the jobs data, which suggested that the labor market is weakening. However, she noted that this data is backward-looking, indicating that it doesn’t show the current state of the economy. She alluded to the wage growth, which she remarked is an indication of a robust labor market. She added that retail sales are up and that consumers are still spending, despite inflation being sticky at 3%, which makes a case for why the FOMC should opt against a 50-basis-point Fed rate cut. In line with this, the Franklin Templeton CEO said that she would go with a 25 bps rate cut if she were Jerome Powell. She remarked that the Fed still has the October and December FOMC meetings to make further cuts if the incoming data warrants it. Johnson also asserted that the data show a robust economy. However, she noted that there can’t be an argument for no Fed rate cut since Powell already signaled at Jackson Hole that they were likely to lower interest rates at this meeting due to concerns over a weakening labor market. Notably, her comment comes as experts argue for both sides on why the Fed should make a 25 bps cut or…
Share
BitcoinEthereumNews2025/09/18 00:36