Seeker Soars 36% as Trading Volume Explodes Over 810%
Seeker (SKR) has experienced a significant surge in value over the past 24 hours, increasing by nearly 36%. This rally comes as trading volume exploded to over 810%, with short positioning hinting at a possible squeeze. The Solana Mobile token reached an all-time high of $0.0204 on Friday, surpassing its previous peak of $0.049.
Data compiled by Blockchain Magazine and CoinGlass showed that the 24-hour trading volume reached approximately $76.8M, accounting for roughly 60% of the token's market cap. This significant increase in trading activity has led to a substantial jump in open interest, reaching $21.65M - an astonishing 167.45% increase.
The MACD line crossing above its signal and the histogram flipping positive indicate a potential trend reversal for Seeker. Analysts predict that the next resistance level will be at $0.025, while a break below $0.020 risks unwinding the expanded leverage quickly. The OI-Weighted Funding Rate has sunk to -0.7292%, suggesting traders doubled down on shorts even as spot buyers pushed the price higher.
Seeker launched on January 21, 2026, via a Solana Mobile airdrop to Seeker phone owners and has experienced a volatile trading history since its inception, briefly touching $0.049 before slumping to near $0.018 in April.