Back to News
ImportantSourceBlockbeats

What is the value of the Solana SKR airdrop? Tomorrow's TGE preview.

On January 20th, Solana Mobile announced that it will officially open SKR token airdrops on January 21st at 10:00 AM (UTC+8). According to community feedback, users who receive their phones but do not interact with the app will receive the minimum airdrop of 5,000 SKR. Users who interact with the app only once will receive the 10,000 SKR airdrop. Higher tiers require frequent interaction with the built-in DApp. The five airdrop tiers offer 5,000, 10,000, 40,000, 125,000, and a maximum of 750,000 SKR. A total of nearly 2 billion SKR will be distributed to the community, with approximately 1.82 billion SKR allocated to 100,908 users and 141 million SKR allocated to 188 developers. According to pre-market data from Whales Market, the current pre-market price of SKR is $0.0165, a 7.5% drop in the last 24 hours, corresponding to a total circulating market capitalization of $165 million. Opinions within the crypto community are divided regarding the final valuation of SKR after its launch, but there is a general optimism that the price will be between $0.02 and $0.04, higher than the current pre-market price. Some community opinions are as follows: Crypto analyst 7de9 stated that Whales Market's pre-market pricing is completely wrong; a $165 million FDV is a joke, and the estimated minimum market capitalization is between $400 million and $600 million. SKR is not just an interactive reward, but also encompasses governance and participation roles across the entire Solana Mobile platform. Marino, a veteran investor in the Solana ecosystem, holds a more neutral view, believing that the price should be around $0.02 at TGE, neither too high nor too low, balancing market speculation without creating excessive selling pressure. A lower FDV (Funded Quantity Value) is conducive to organic growth, and SKR will ultimately be positioned as a "secondary token of Solana." Renowned DeFi researcher InfoSpace OG expressed some disappointment, stating that the average allocation of SKR in the airdrop was between 10,000 and 18,000 tokens. Based on pre-market prices, this equates to a value of $130 to $230. Don't forget that users spent $450-$600 on a phone at launch. Frankly, the price is a bit low.
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

Related

07-08 20:33

Report: TradeFi contract trading volume accounted for 11% of total contract trading volume in the first five months of 2026.

According to a recent stablecoin industry report released by Binance Research on July 8th, in the first five months of 2026, TradeFi-related perpetual contracts accounted for approximately 11% of the total perpetual contract trading volume, with a cumulative trading value exceeding $1.1 trillion. Binance's trading value exceeded $500 billion, representing a market share of approximately 47%.

07-08 20:31

The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.

According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.

07-08 20:22

Gate responded to online rumors of user asset theft: An urgent investigation is underway, and preliminary assessments indicate it is an isolated incident.

According to Foresight News , Gate responded to online reports of user assets being stolen, stating that the incident shows the customer made a withdrawal between 3:00 PM and 4:00 PM on July 7th, and reported the loss to online customer service at 5:00 PM on July 8th. Gate has initiated an investigation, and the incident is currently under urgent investigation. Preliminary assessments indicate it is an isolated case, there are no system security vulnerabilities, and the website is operating normally. Preliminary investigations suggest this incident may be related to a leak of user information; the specific details are under investigation. Gate will disclose further details as soon as the investigation concludes.

07-08 20:19

Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.

According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.

07-08 20:17

Guangdong: By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced.

According to Mars Finance, 11 departments, including the Guangdong Provincial Government Service and Data Management Bureau, recently issued the "Guangdong Provincial Action Plan for Promoting the Digital Transformation of Cities and Building Smart Cities." The plan emphasizes using cities as comprehensive carriers for the construction of Digital Guangdong, promoting infrastructure connectivity, data integration, platform interoperability, business integration, and a smooth ecosystem. It also aims to actively explore future-oriented smart city management models and achieve high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area smart city cluster. By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced, the level of efficient digital governance will be greatly improved, digital public services will be more efficient and convenient, the momentum of digital economic development will be fully released, and the digital ecosystem will be comprehensively and collaboratively guaranteed. A number of effective and replicable typical application scenarios for digital transformation will be implemented, with Guangzhou, Shenzhen, Foshan, and Dongguan taking the lead in building efficient smart governance systems and implementing a number of advanced, usable, and independently controllable large-scale urban models. By 2030, no fewer than 10 cities will have achieved full-area digital transformation, achieving an overall leap in the digital transformation of cities throughout the province, forming a number of new smart city benchmarks and digital China city models with regional competitiveness and national influence. (Cailian Press)

07-08 20:10

Morgan Stanley reiterated its "overweight" rating on RKLB and raised its bullish price target to $293.

Odaily Odaily that Morgan Stanley reiterated its "Overweight" rating on Rocket Lab (RKLB) and maintained its target price of $105, but raised its most bullish target price from $185 to $293. Morgan Stanley analysts believe that the acquisition of Iridium will expand Rocket Lab's potential market space and reposition the company as a vertically integrated space platform. While SpaceX has significant scale and cost advantages over Rocket Lab, the latter is moving closer to the former's model.