The post Why Solana Mobile Seeker (SKR) Price Jumped 55% Today appeared first on Coinpedia Fintech News The Solana Mobile Seeker native token (SKR) has seen a The post Why Solana Mobile Seeker (SKR) Price Jumped 55% Today appeared first on Coinpedia Fintech News The Solana Mobile Seeker native token (SKR) has seen a

Why Solana Mobile Seeker (SKR) Price Jumped 55% Today

This Altcoin Is Rebounding After Months of Compression—Are These Early Signs of a Bigger Move

The post Why Solana Mobile Seeker (SKR) Price Jumped 55% Today appeared first on Coinpedia Fintech News

The Solana Mobile Seeker native token (SKR) has seen a record jump today, surging over 55% to trade near $0.0128, making it one of the top-trending coins in the crypto market. 

The sudden move has caught traders attention, with many now wondering about the key reasons behind SKR’s strong price rally.

Solana Mobile Launches SKR Token Airdrop

The main reason behind today’s price surge is the massive airdrop event for Solana Mobile’s SKR token. On January 21, Solana Mobile began distributing nearly 2 billion SKR to eligible Seeker smartphone users and developers. 

This airdrop represents around 20% of the total 10 billion SKR supply, creating real demand as users rush to claim and trade their tokens.

Many Seeker users are now actively claiming their allocations via the built-in Seed Vault Wallet, which has driven a spike in market activity and trading volume. Exchanges like Kraken, Bybit, Gate, MEXC, and others have seen heavy SKR trading as holders look to sell or stake their tokens.

6500% Jump In SKR Trading Volume

Another key reason behind the rally is the sharp rise in SKR’s trading volume, which surged over 6,500% to about $41.81 million in the past few hours. This spike shows that many more buyers and sellers are entering the market, helping drive prices higher.

Beyond short-term trading interest, SKR is gaining attention because it plays a core role in the Solana Mobile ecosystem. The token is used for staking, governance, and rewards, allowing users and developers to take part in shaping how the Seeker platform grows.

SKR Token Price Analysis

From a price action point of view, SKR showed a clear bullish breakout today. The token moved sharply higher after strong buying pressure entered the market, pushing the price above recent resistance levels. 

This breakout triggered fresh momentum buying, helping SKR climb more than 55% to around $0.0128.

With a sharp rise in trading volume and an ongoing airdrop, some traders expect a short-term pullback, as early recipients may sell part of their holdings. However, once selling pressure eases and the price begins to stabilize, market watchers see room for further upside. 

If adoption of the Solana Mobile Seeker ecosystem continues to grow, some analysts believe SKR could target levels near $0.10 by mid-2026.

Market Opportunity
Seeker Logo
Seeker Price(SKR)
$0.046584
$0.046584$0.046584
+258.28%
USD
Seeker (SKR) 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

US Congress Proposes AI Export Oversight Bill

US Congress Proposes AI Export Oversight Bill

US Congress introduces bipartisan bill for AI chip export oversight, affecting Nvidia and Trump policies.
Share
bitcoininfonews2026/01/22 21:02
Ubisoft (UBI) Stock: Restructuring Efforts and Game Cancellations Prompt 33% Dip

Ubisoft (UBI) Stock: Restructuring Efforts and Game Cancellations Prompt 33% Dip

TLDR Ubisoft’s stock dropped 33% following organizational changes and the cancellation of six games. The company plans to shut down studios in Halifax and Stockholm
Share
Blockonomi2026/01/22 20:50
This U.S. politician’s suspicious stock trade just returned over 200% in weeks

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…
Share
BitcoinEthereumNews2025/09/18 04:02