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.