Solana

Ripple USD

Saga

Billion

<a href="https://yellow.com/asset/sol">Solana</a> Mobile distributed approximately 2 billion SKR tokens to over 100,000 Seeker phone users and 188 developers on January 21, marking one of the largest mobile-crypto airdrops despite pre-market trading showing a 53% price decline. 
The airdrop <a href="https://finance.yahoo.com/news/solana-mobile-begins-skr-token-020000470.html">represents</a> 20% of SKR's 10 billion token supply and rewards early adopters based on tiered engagement metrics, with allocations ranging from 5,000 to 750,000 tokens per user depending on device usage and on-chain activity during "Season 1." 
Pre-market trading data showed SKR <a href="https://www.ainvest.com/news/skr-pre-market-price-plunges-53-4-24-hours-fully-diluted-valuation-76-9-million-2601-34/">plunged</a> 53.4% to reduce the token's fully diluted valuation to $76.9 million, reflecting investor concerns about dilution from the large-scale distribution to a relatively small user base. 
<h2 id="what-happened">What Happened</h2> 
Claims opened at 2:00 AM UTC (9:00 PM ET January 20) through the Seed Vault Wallet built into Seeker devices, with eligible recipients having 90 days to claim allocations before unclaimed tokens return to the airdrop pool. 
Users received 1.82 billion SKR across five tiers - Scout, Prospector, Vanguard, Luminary, and Sovereign - with the highest tier receiving 750,000 tokens based on verified ecosystem participation. 
Developers who shipped approved applications on the Solana Mobile dApp Store during Season 1 <a href="https://coinlaw.io/solana-mobile-skr-airdrop-seeker-rewards/">received</a> 141 million SKR distributed across 188 qualifying teams, each eligible for up to 750,000 tokens. 
The distribution follows Solana Mobile's Season 1 campaign, which recorded 9 million transactions and $2.6 billion in volume across 265 decentralized applications. 
Read also: <a href="https://yellow.com/news/bitcoin-falls-below-dollar90000-as-death-cross-pattern-persists-into-third-month">Bitcoin Falls Below $90,000 As Death Cross Pattern Persists Into Third Month</a> 
<h2 id="why-it-matters">Why It Matters</h2> 
SKR serves as the governance and staking token for Solana Mobile's ecosystem, allowing holders to delegate tokens to "Guardians" who verify devices and curate the decentralized app store without centralized control. 
The Seeker phone, which began shipping in August 2025 following 150,000 pre-orders, represents Solana Mobile's second-generation device after the Saga phone gained unexpected popularity through meme coin airdrops despite initially selling only 20,000 units. 
Token allocation includes 30% reserved for airdrops (20% at launch, 10% later), 25% for partnerships, with remaining supply split between Solana Mobile (15%), Solana Labs (10%), community treasury (10%), and liquidity support (10%). 
The sharp pre-market decline contrasts with broader crypto market gains during the same period, highlighting volatility risks for newly launched tokens with large immediate circulating supply increases. 
Read next: <a href="https://yellow.com/news/binance-adds-ripple-usd-with-zero-trading-fees-as-stablecoin-battle-intensifies">Binance Adds Ripple USD With Zero Trading Fees As Stablecoin Battle Intensifies</a>

Solana Mobile Distributes 2 Billion SKR Tokens in Seeker Phone Airdrop Amid Price Volatility

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