Thursday, June 12, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Why Solana Mobile Is Launching a Token Alongside Its New Android Phone

May 21, 2025
in Web3
Reading Time: 5 mins read
0 0
A A
0
Home Web3
Share on FacebookShare on TwitterShare on E Mail



In short

The Solana Seeker smartphone will start transport worldwide on August 4.
The second-gen Android cellphone comes with new options that construct upon the muse of the unique Saga gadget.
Solana Cellular additionally launched a brand new token, SKR, which can change into the first asset of its decentralized cellular ecosystem.

The second-generation Solana cell phone, the Solana Seeker, will start transport worldwide on August 4, Solana Cellular introduced on Wednesday—with plans for a local ecosystem token, SKR. 

The extra inexpensive, Android-based Seeker cellphone will keep the Solana Saga’s genesis token and {hardware} seed vault, whereas including newer options corresponding to SeekerID, the SeedVault Pockets, and an improved Solana Dapp Retailer. 

“We spent the previous couple of years centered on constructing what we predict is the very best crypto cellular expertise,” Solana Cellular GM Emmett Hollyer advised Decrypt. “We centered on usability, we’ve centered on safety, we’ve centered on giving builders distribution. What we’re doing with that is we’re extending what’s doable, we’re decentralizing it, and we’re rising it with further gadgets from different unique gear producers sooner or later.”

2/ The Solana Cellular platform is rising — opening the door to extra gadgets & extra producers — all powered by a decentralized structure and economic system.

Cellular customers all over the place deserve a seamless, safe web3 expertise — and we’ll be making it straightforward for OEMs to return onboard.

— Seeker | Solana Cellular (@solanamobile) Could 21, 2025

The long run, decentralized Solana Cellular ecosystem will probably be rooted in SKR, the native ecosystem token that can stay on Solana’s layer-1 blockchain. He stated that the token is designed to anchor a “way forward for a decentralized cellular platform” across the crypto telephones.

However why not simply use the present Solana (SOL) coin?

“We see a possibility to coordinate progress and alter, and we need to be sure that the choices which can be made there are aligned round one thing that’s basic to the cellular ecosystem, one thing that’s purely aligned with that ecosystem and its outcomes,” Hollyer stated, including that it’s crucial that SKR be “solely consultant of the Solana Cellular platform—and that’s it.”

Particular particulars in regards to the token launch and the way it is going to be earned haven’t but been shared, however the Solana Cellular web site signifies that SKR will go “on to builders and customers for ecosystem participation.”

“The token itself is larger than anybody gadget,” stated Hollyer, noting that each the Saga and Seeker and any future gadgets introduced into the Solana Cellular ecosystem will be capable to take part within the economic system, incentives, and possession of the platform. 

“We need to be sure that everyone who has joined the ecosystem to date comes alongside for the trip,” he stated. 

Except for the token, the Seeker’s new infrastructure structure is about to distinguish the gadget and Solana Cellular from in the present day’s main cellular gadget corporations, opening its ecosystem and increasing its platform to permit further {hardware} producers. 

“If you happen to take a look at the present cellular platform architectures, they’re completely closed. Whoever runs the platform, they handle every little thing,” stated Hollyer. “Our purpose is to construct one thing that accomplishes a variety of the identical crucial outcomes that current cellular platforms do nicely, issues like belief, issues like safety… however we need to do this in a approach that’s decentralized.”



Due to this fact Solana Cellular launched TEEPIN, a three-layer structure mannequin that permits ecosystem actors to take part in a safe and trustless approach. 

“TEEPIN represents the subsequent evolution in cellular—a framework the place belief is not granted by a government however verified by means of cryptography,” stated Anatoly Yakovenko, co-founder and CEO of Solana Labs, in a press release. “By leveraging safe {hardware} that already exists on trendy smartphones and governing entry on-chain, we’re unlocking open innovation, platform possession, and a decentralized future for cellular.”

With TEEPIN and Solana Cellular’s future decentralized ecosystem, Hollyer stated meaning builders don’t want to fret about app retailer guidelines and charges—and they are often positive their customers are actual.

The Seeker, which has earned greater than 150,000 pre-orders, continues to be obtainable for pre-order at $500 plus tax, for a restricted time in keeping with the Solana Cellular web site. It arrives at half the launch worth of the unique Saga, however with numerous updates and obvious enhancements over the mannequin launched in 2023.

“Our emphasis is on making the very best crypto expertise,” stated Hollyer. “We expect cellular is the best way to do it, and we don’t suppose anyone’s cracked that code but.”

Edited by Andrew Hayward

Each day Debrief Publication

Begin day by day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



Source link

Tags: AndroidLaunchingMobilePhoneSolanatoken
Previous Post

Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst

Next Post

SNXweave Weekly Recap 182

Related Posts

Why Cathie Wood’s ARK Invest Remains Bullish as Bitcoin Nears Record Price
Web3

Why Cathie Wood’s ARK Invest Remains Bullish as Bitcoin Nears Record Price

June 10, 2025
Australia Charges Four Over $123M Crypto Money Laundering Ring
Web3

Australia Charges Four Over $123M Crypto Money Laundering Ring

June 9, 2025
Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement
Web3

Cudis Bets on Wearables, AI and a Solana Token to Drive the Longevity Movement

June 8, 2025
The future of crypto belongs to communities—treasury governance will get us there
Web3

The future of crypto belongs to communities—treasury governance will get us there

June 8, 2025
Trump Crypto Wallet ‘Isn’t Moving Forward’ After World Liberty Clash: Eric Trump
Web3

Trump Crypto Wallet ‘Isn’t Moving Forward’ After World Liberty Clash: Eric Trump

June 6, 2025
Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration
Web3

Yield bearing stablecoin comes to Solana via Maple Finance’s Chainlink integration

June 7, 2025
Next Post
SNXweave Weekly Recap 182

SNXweave Weekly Recap 182

Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit

Analyst Predicts Massive Bitcoin Eruption Based on One Gold Chart, Sees Altcoin Market Following Suit

Vitalik Buterin praises real-time ZK proving milestone, but urges caution

Vitalik Buterin praises real-time ZK proving milestone, but urges caution

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In