Solana is preparing to launch the native token for its latest mobile phone model, Seeker, at the beginning of 2026. This token, known as SKR, is set to serve as the governance token for the company's mobile ecosystem.
Solana Mobile announced via an X post on Wednesday that the "SKR" token will have a total supply of 10 billion tokens. Of this total, 30% will be allocated for airdrops, and 25% will be reserved for growth initiatives and strategic partnerships.
Further distribution includes 10% of the token's supply designated for liquidity, another 10% for a community treasury, 15% for Solana Mobile itself, and the remaining 10% for Solana Labs, the parent company of the mobile division.
Solana Mobile had previously indicated in May that it was planning the launch of the SKR token. At that time, the company stated that the token would grant owners of its new Seeker smartphone, which comes pre-loaded with crypto applications and features, "actual ownership in the platform."
The company shared that the token would incorporate "linear inflation to incentivize early participants" who stake it. More detailed information regarding the token is expected to be shared at the upcoming Solana Breakpoint Conference, scheduled to take place from December 11 to 13.
Solana Mobile Aims for Ecosystem Growth with SKR Token
A significant feature that Solana Mobile initially marketed for the Seeker device was its decentralized application (DApp) store. This store hosts over 100 Solana-based DApps, reflecting the company's ambition to move beyond the phone being perceived solely as a "rewards magnet," a characteristic associated with its first model, the Saga.
Despite encountering some initial challenges since its launch, Solana Mobile has signaled that the SKR token will play a crucial role in enhancing the DApp store and the broader ecosystem surrounding the phone.
In conjunction with the SKR announcement, Solana Mobile also introduced the concept of "guardians." These guardians are intended to "validate trust" throughout its phone ecosystem.
"At launch, SKR serves as a growth and coordination mechanism: stake to Guardians, support builders, secure devices, curate the dApp Store," Solana Mobile stated. "As the ecosystem scales, SKR ensures its value flows back to the community that powers it."
From the user's perspective, SKR holders will have the opportunity to earn rewards by staking the asset with guardians. Solana Mobile will act as the initial guardian, with additional guardians, including Helius Labs, Double Zero, and Triton One, expected to join in 2026.
"Guardians verify device authenticity, review DApp submissions, and enforce community standards," the announcement further elaborated.
The news of the SKR token launch has coincided with a modest increase in the price of Solana's native cryptocurrency, SOL. Prior to the announcement, SOL was trading at approximately $140. Following the news, the price rose to $145.68, marking a 5.4% increase over the preceding 24 hours.