Seeker Skyrockets 36% Amid Heated Trading and Short Squeeze Setup
The Solana Mobile token Seeker (SKR) has seen a significant surge in price and trading volume, rising by nearly 36% over the past 24 hours. This increase is accompanied by an explosion in trading volume, which skyrocketed by over 810%. The current price of SKR stands at around $0.0204.
The data compiled by Blockchain Magazine and CoinGlass shows that the token's 24-hour volume has reached near $76.8 million, accounting for roughly 60% of its market cap. This surge in trading activity is a clear indication of heavy leveraged participation alongside spot buying.
Analysts have noted that short positioning may be setting up for a possible squeeze, with the OI-Weighted Funding Rate dropping to -0.7292%. This divergence often precedes forced covering if support holds. The next resistance level is seen at $0.025, and bulls must defend the current price of $0.020.
The launch of SKR on January 21, 2026, via a Solana Mobile airdrop to Seeker phone owners, briefly touched $0.049 before slumping to near $0.018 in April. The token's recent rebound suggests that it may be regaining momentum.