Solana Mobile’s SKR token just posted an approximately 82% gain over the past 24 hours, climbing to around $0.022 and pushing its market capitalization past $200 million. That makes it the top performer among the 200 largest cryptocurrencies by market cap, with Helium’s HNT token running a close second at gains between 85% and 110%.
What’s driving SKR’s rally
SKR is the native token of the Seeker ecosystem, Solana Mobile’s second-generation crypto phone project. The token launched on January 21, 2026, via an airdrop that distributed nearly 2 billion tokens to more than 100,000 users and developers.
Total supply is capped at 10 billion tokens. Inflation starts at 10% annually and gradually decays to a 2% terminal rate over time, with all rewards distributed every 48 hours.
Staking activity suggests the incentive structure is working. Over 4.93 billion SKR tokens are currently staked network-wide, meaning roughly half the total supply is locked up.
