Solana Price Rises as SKR Token Launch Fuels Optimism

Solana’s price saw a one percent increase over the past 24 hours, reaching $143.28, while trading volume decreased by 28% to $5.5 billion. This rise comes after Solana Mobile announced its SKR token launch, linked to its Seeker phone, slated for early next year. The token will distribute a total of 10 billion tokens, with 30% dedicated to airdrops and 25% allocated for growth and partnerships. SKR’s launch will contribute to expanding the Solana ecosystem.