Solana’s newest push into hardware-driven crypto took an surprising flip this week after the token tied to its new Seeker smartphone, $SKR, surged greater than 200% inside days of launch, in line with CoinGecko information.
The rally adopted the long-awaited token technology occasion (TGE) and airdrop linked to Solana Cell’s second-generation system, a $500 Android telephone designed for on-chain use. Whereas early volatility was anticipated, the dimensions and pace of the transfer drew consideration throughout the crypto market.
Solana Seeker is positioned as a Web3-native smartphone relatively than a standard flagship system. It integrates pockets safety, identification, and staking options instantly into the working system.
The telephone features a built-in Seed Vault for personal key storage, biometric transaction signing, and entry to Solana’s dApp Retailer.
Customers can work together with dApps, stake tokens, and monitor rewards with out counting on third-party wallets.
Greater than 150,000 units were preordered within the first gross sales wave, in line with Solana Cell. Further gadgets are actually delivery because the ecosystem enters its second reward season.
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The Seeker ecosystem is powered by SKR, a Solana-based token with a set provide of 10 billion. Roughly 30% of the provision was allotted to customers and builders by means of an airdrop tied to system possession and on-chain exercise.
Claims had been processed instantly by means of the Seeker pockets, with speedy staking enabled. Builders acquired a few of the largest allocations, whereas heavy customers earned six-figure token quantities.
Not like many current launches, $SKR debuted with a comparatively low absolutely diluted valuation, limiting early promote strain.
