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Cryptocurrency News Articles

Solana Mobile Launches SKR Token Alongside New Android Phone Called Seeker

May 22, 2025 at 07:19 pm

Solana Mobile is launching a native token alongside a new Android phone named Seeker in a bid to reshape the mobile ecosystem around Web3 principles

Solana Mobile Launches SKR Token Alongside New Android Phone Called Seeker

Solana Mobile is launching a native token alongside a new Android phone named Seeker in a bid to reshape the mobile ecosystem around Web3 principles — decentralization, user ownership, and incentivized participation.

The SKR token will serve as the native asset powering the Solana Mobile ecosystem. It will operate as a means to incentivize and reward both developers and users who contribute to the growth of the platform, while also giving stakeholders actual ownership of the platform.

The token launch coincides with the rollout of TEEPIN (trusted execution environment platform infrastructure network), a decentralized, three-layer architecture that underpins the new trustless mobile platform.

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The team envisions that SKR will be integral to that architecture, supporting secure, cryptographically validated interactions among users, devices, and developers.

“By leveraging secure hardware that already exists on modern smartphones and governing access onchain, we’re unlocking open innovation, platform ownership, and a decentralized future for mobile,” said Anatoly Yakovenko, co-founder and CEO of Solana Labs.

Original source:unchainedcrypto

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