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Solana Seeker Users Get SKR Airdrop as SOL Price Nears Make-or-Break Technical Zone
newsbtchace 20d

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 users and select developers, adding a fresh ecosystem catalyst as SOL trades near a critical technical support zone. Related Reading: What the Triple-Tap At $1.80 Means For The XRP Price The launch comes at a time when Solana’s price is hovering around $120–$130, an area analysts see as decisive for the token’s medium-term direction. SKR debuted at around $0.006 and climbed above $0.01 within hours of launch, pushing its market capitalization past $70 million. More than 100,000 users are eligible to claim the airdrop through the Seeker phone’s built-in wallet over a 90-day window. Any unclaimed tokens will be returned to the general distribution pool. SOL's price trends to the downside on the daily chart. Source: SOLUSD on Tradingview Solana SKR Airdrop Targets Users and Developers Solana Mobile allocated 30% of SKR’s fixed 10 billion token supply to airdrops and early unlocks. Nearly 2 billion SKR are being distributed to Seeker phone owners and developers who deployed “quality apps” in the Solana dApp Store during Season 1. The company said the token underpins governance, incentives, and economic activity within the Solana Mobile ecosystem. SKR can be staked directly from the Seed Vault wallet, with inflation events occurring every 48 hours. The annual inflation rate starts at 10% and declines by 25% each year until it stabilizes at 2%. The airdrop coincides with the start of Seeker’s Season 2 campaign, which introduces a refreshed app catalog, rewards programs, and a focus on sectors such as DeFi, gaming, payments, trading, and decentralized physical infrastructure (DePIN). Community reaction has been mixed. Some users reported receiving several thousand dollars’ worth of SKR, while others reported allocations closer to $50–$100. Some users expressed disappointment, citing delays in phone delivery and additional shipping costs. SOL Price Near Key Support While SKR draws attention to Solana’s mobile strategy, the SOL token itself is facing a technical test. After breaking below $136, SOL has slipped into the $120–$127 zone, where an ascending trendline from the 2023 lows meets historical horizontal support. This area has previously acted as both resistance and support, making it a closely watched “flip zone” for traders. A sustained hold above $120 could open the door to a recovery toward the $135–$150 range. A breakdown, however, may expose downside targets near $110 or even $100. Related Reading: Trove’s New Token Craters 95%, Sparking Investor Revolt Short-term indicators show some stabilization. SOL recently bounced from around $124 to near $128, supported by renewed ETF inflows of roughly $3.08 million and spot market accumulation of about $9.31 million. These flows suggest buyers are stepping in at current levels. Cover image from ChatGPT, SOLUSD chart on Tradingview

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AI SRE roundtable: The creation of a new category
startupnewshace 20d

AI SRE roundtable: The creation of a new category

It’s no surprise following the explosion of AI-driven code generation tools, that we are now seeing a strong AI-driven response from operations and security. Almost by definition, a core function of SREs and security professionals alike is keeping up with the pace of change; of being quick to respond in order to maintain the reliability [...]

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Not to be outdone by OpenAI, Apple is reportedly developing an AI wearable
startupnewshace 20d

Not to be outdone by OpenAI, Apple is reportedly developing an AI wearable

Apple may be developing its own AI wearable, according to a report published Wednesday by The Information. The device will be a pin that users can wear on their clothing, and that comes equipped with two cameras and three microphones, the report says. Should the rumored device come to market, it would mark another sign [...]

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The TSX Could Extend Its Bull Run in 2026 (Minus 3 Factors)
fool_cahace 20d

The TSX Could Extend Its Bull Run in 2026 (Minus 3 Factors)

The TSX has hit a new high but formidable obstacles could dim the chances of another bull run in 2026.The post The TSX Could Extend Its Bull Run in 2026 (Minus 3 Factors) appeared first on The Motley Fool Canada.

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Stock to buy today: Union Bank of India (₹172.55)
thehindubusinesslinehace 20d

Stock to buy today: Union Bank of India (₹172.55)

While there has been a correction recently, the broader uptrend is not negated. There are key support levels at ₹170 and ₹165, which can help in the resumption of the upward trajectory

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