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SKR Delivers The 200% Rally Smart Money Was ‘Seek’ing — Yet Airdrop Sellers Lurk
Yahoo Finance· 2026-01-22 09:49
Core Insights - The SKR token has experienced a significant rally, increasing over 200% in the past 24 hours, currently trading near $0.041 after reaching highs close to $0.059, following a large Solana ecosystem airdrop [1] - Despite initial selling pressure from airdrop recipients, the price recovery indicates strong underlying support from smart money and whales, suggesting a speculative rally with structural backing [1][4] Selling Pressure and Exchange Dynamics - Exchange balances of SKR rose by approximately 51%, totaling about 380.9 million tokens, indicating that around 129 million SKR were moved to exchanges, likely for quick profits by airdrop recipients [2] - The initial selling pressure briefly pushed the price below the Volume Weighted Average Price (VWAP), which typically signals aggressive selling [2][3] Price Recovery and Support Levels - The price of SKR quickly reclaimed the VWAP, with the 9-period exponential moving average (EMA) providing support, indicating a strong short-term trend [5][6] - The 21-period EMA was not tested, suggesting that sellers were unable to induce deeper weakness, and the pullback was absorbed, reflecting controlled profit-taking rather than a trend breakdown [7] Accumulation by Smart Money and Whales - Non-exchange wallets accumulated more SKR than what was sold on exchanges, with the top 100 addresses (mega whales) adding approximately 144 million SKR, raising their total holdings to about 8.3 billion tokens [8] - Standard Seeker whale wallets increased their holdings by about 25.6 million SKR, totaling roughly 133.8 million tokens, while smart money wallets added 2.4 million SKR, marking a 32.5% increase in that cohort [9]
X @BSCN
BSCN· 2025-12-21 21:50
RT BSCN (@BSCNews)🚨 What we know about Solana Mobile's new $SKR token...@solanamobile is expected to launch its native token as early as January 2026, so you don't have long to get ready.We dive into $SKR's...- Tokenomics- Supply & Distribution- Use cases- Future prospects- Airdrop news... and more.Read now. Get ahead ⬇️https://t.co/n2QO4rkkar ...
X @CoinMarketCap
CoinMarketCap· 2025-12-10 13:00
Week in Solana: INCOMING! Breakpoint 2025 Alpha, Franklin SOL ETF and SKR Airdrop!Solana brings the heat this week to Abu Dhabi with Breakpoint 2025! See blog post link below to get a full preview! SOL up 5% to $133 as institutions make moves! Franklin Templeton drops first staking-enabled SOL ETF! Solana Mobile's SKR token launching in January with 30% airdrop allocation! LUNC wakes up from the dead with 125% pump!Here's this week's breakdown 🧵1/6 ...
X @BSCN
BSCN· 2025-12-09 16:41
RT BSCN (@BSCNews)📱 @SolanaMobile has finally revealed its native SKR token and there's A LOT to unpack...- 30% of the token is allocated to airdrops- The $SKR token can be staked to 'Guardians'- It can also be used to participate in future governance- The token is expected to launch in January 2026But despite some crucial details already being revealed we still have a lot of questions... Here's what we know so far ⬇️ https://t.co/n2QO4rkkar ...
Solana News: Incoming! Breakpoint 2025 Alpha, SKR Airdrop and Franklin SOL ETF
Yahoo Finance· 2025-12-09 15:59
Market Overview - Bitcoin remains stable around $90,500 despite nearly $1 billion in new BTC purchases by Strategy, with altcoins also performing relatively well. The upcoming FOMC rate decision is expected to influence market direction [1] - The Solana ecosystem has seen a 6% increase, reaching a total market cap of $185 billion, although trading volume has decreased by 12% to $12.9 billion [1] Solana Developments - Solana Mobile is set to launch its SKR token in January, with a total supply of 10 billion tokens, 30% of which will be reserved for airdrops and unlocks [2] - Franklin Templeton has introduced its Solana ETF, SOEZ, on NYSE Arca, which includes staking rewards, providing investors with direct exposure to Solana's network growth [3] - Pye Finance has raised $5 million in a seed round led by Variant and Coinbase Ventures to develop an on-chain marketplace for time-locked Solana staking positions, aiming to enhance tradability and packaging of locked stakes [4] Performance Metrics - Solana's total value locked (TVL) has increased by 7% to $8.8 billion, maintaining its position in second place among Layer 1 blockchains [7] - Solana's price experienced a weekly high of $145 before settling at $133, resulting in a 5% gain week-on-week [6] Upcoming Features and Launches - A live demo of the Firedancer performance upgrade showcased improved validator throughput and reduced latency [8] - New privacy features for confidential transfers are expected to debut, targeting institutional users [8] - An institutional-grade infrastructure stack is being launched, which includes custody, staking, and compliance tools to facilitate real-world money flows [8] - The rollout of Solana ID wallet/identity is anticipated, initiated by pre-Breakpoint free minting via MetaMask [8] - Over 80 new DApps and tools across DeFi, Web3 infrastructure, and cross-chain bridges are expected to launch [8]
X @BSCN
BSCN· 2025-12-09 09:41
RT BSCN (@BSCNews)📱 @SolanaMobile has finally revealed its native SKR token and there's A LOT to unpack...- 30% of the token is allocated to airdrops- The $SKR token can be staked to 'Guardians'- It can also be used to participate in future governance- The token is expected to launch in January 2026But despite some crucial details already being revealed we still have a lot of questions... Here's what we know so far ⬇️ https://t.co/n2QO4rkkar ...
X @BSCN
BSCN· 2025-12-09 05:40
RT BSCN (@BSCNews)📱 @SolanaMobile has finally revealed its native SKR token and there's A LOT to unpack...- 30% of the token is allocated to airdrops- The $SKR token can be staked to 'Guardians'- It can also be used to participate in future governance- The token is expected to launch in January 2026But despite some crucial details already being revealed we still have a lot of questions... Here's what we know so far ⬇️ https://t.co/n2QO4rkkar ...
X @BSCN
BSCN· 2025-12-09 02:33
📱 @SolanaMobile has finally revealed its native SKR token and there's A LOT to unpack...- 30% of the token is allocated to airdrops- The $SKR token can be staked to 'Guardians'- It can also be used to participate in future governance- The token is expected to launch in January 2026But despite some crucial details already being revealed we still have a lot of questions... Here's what we know so far ⬇️ https://t.co/n2QO4rkkar ...