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Solana Seeker Users Get SKR Airdrop as SOL Price Nears Make-or-Break Technical Zone

Solana Mobile has rolled out its long-awaited SKR token airdrop for Seeker smartphone customers and choose builders, including a recent ecosystem catalyst as SOL trades close to a vital technical assist zone.

Related Reading: What the Triple-Tap At $1.80 Means For The XRP Price

The launch comes at a time when Solana’s value is hovering round $120–$130, an space analysts see as decisive for the token’s medium-term route. SKR debuted at round $0.006 and climbed above $0.01 inside hours of launch, pushing its market capitalization previous $70 million.

More than 100,000 customers are eligible to say the airdrop by the Seeker telephone’s built-in pockets over a 90-day window. Any unclaimed tokens might be returned to the final distribution pool.

Solana SKR Airdrop Targets Users and Developers

Solana Mobile allotted 30% of SKR’s fastened 10 billion token provide to airdrops and early unlocks. Nearly 2 billion SKR are being distributed to Seeker telephone house owners and builders who deployed “high quality apps” within the Solana dApp Store throughout Season 1.

The firm mentioned the token underpins governance, incentives, and financial exercise throughout the Solana Mobile ecosystem. SKR may be staked instantly from the Seed Vault pockets, with inflation occasions occurring each 48 hours. The annual inflation charge begins at 10% and declines by 25% every year till it stabilizes at 2%.

The airdrop coincides with the beginning of Seeker’s Season 2 campaign, which introduces a refreshed app catalog, rewards applications, and a deal with sectors such as DeFi, gaming, funds, buying and selling, and decentralized bodily infrastructure (DePIN).

Community response has been blended. Some customers reported receiving a number of thousand {dollars}’ value of SKR, whereas others reported allocations nearer to $50–$100. Some customers expressed disappointment, citing delays in telephone supply and extra transport prices.

SOL Price Near Key Support

While SKR attracts consideration to Solana’s cell technique, the SOL token itself is dealing with a technical take a look at. After breaking under $136, SOL has slipped into the $120–$127 zone, the place an ascending trendline from the 2023 lows meets historic horizontal assist.

This space has beforehand acted as each resistance and assist, making it a intently watched “flip zone” for merchants. A sustained maintain above $120 might open the door to a restoration towards the $135–$150 vary. A breakdown, nonetheless, might expose draw back targets close to $110 and even $100.

Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt

Short-term indicators present some stabilization. SOL lately bounced from round $124 to close $128, supported by renewed ETF inflows of roughly $3.08 million and spot market accumulation of about $9.31 million. These flows recommend consumers are stepping in at present ranges.

Cover picture from ChatGPT, SOLUSD chart on Tradingview

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