Solana’s mobile phone is getting its own token. The previously-announced SKR token will launch on January 21 and give users unprecedented control over their smartphonesSolana’s mobile phone is getting its own token. The previously-announced SKR token will launch on January 21 and give users unprecedented control over their smartphones

Solana Mobile to airdrop 30% of smartphone token supply

Solana’s mobile phone is getting its own token.

The previously-announced SKR token will launch on January 21 and give users unprecedented control over their smartphones, Solana Mobile said on Wednesday.

Holders who stake SKR can elect so-called Guardians — Solana node operators charged with vetting applications submitted to Solana’s mobile app store. Staked tokens will earn yield, according to Solana Mobile.

Several companies with close ties to Solana Mobile parent company Solana Labs will serve as Guardians in 2026, including Anza, DoubleZero, Helius, and Jito.

“Multiple independent operators means no single company controls approvals or verification, creating the foundation for open mobile,” Solana Mobile said on its blog.

Solana Mobile released the Seeker, its second-generation Solana-themed phone, last August. It was an attempt to offer crypto power-users an alternative to phones that run on software provided by Apple and Google, both of which take a hefty cut from applications on their respective app stores.

“Hopefully, Google and Apple will come to their senses and see what could be possible if they relax some of their fee structures and some of their restrictive policies,” Emmett Hollyer, general manager at Solana Mobile, told DL News in 2024 when the Seeker was first announced.

“Until then, we need to find a way to give builders a reasonable path to distribution.”

SKR will launch with a supply of 10 billion tokens, with more than half available immediately and the remainder locked for up to three years.

A January 21 airdrop will distribute 30% of SKR tokens. One quarter of all tokens will be set aside for employees of Solana Mobile and Solana Labs. Another quarter will be set aside to fund growth initiatives and partnerships.

The supply of SKR will grow 10% in the first year after the token’s launch. That inflation rate will decrease 25% each year until it hits 2%. New tokens will flow to guardians and to stakers.

The Seeker is the second mobile phone from Solana Mobile. The first, the Saga, sold just 20,000 units after its launch in May 2023.

In October, Solana Mobile said it would stop providing vital software and security updates for the phone just two years after launch.

Aleks Gilbert is DL News’ New York-based DeFi correspondent. You can reach him at aleks@dlnews.com.

Market Opportunity
Helium Mobile Logo
Helium Mobile Price(MOBILE)
$0.0001941
$0.0001941$0.0001941
-3.19%
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

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
XAG/USD rebounds above $77.00 amid market caution

XAG/USD rebounds above $77.00 amid market caution

The post XAG/USD rebounds above $77.00 amid market caution appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) edges higher after two days of losses, trading
Share
BitcoinEthereumNews2026/01/09 11:41
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37