Seeker Soars 36%, Trading Volume Explodes by Over 810%

Seeker (SKR) has seen a significant surge in price over the past day, climbing nearly 36% as trading volume exploded by over 810%. The Solana Mobile token reached a high of $0.0204 on Friday.

The price rebounded from the $0.015 demand zone and cleared the descending channel that had framed its recent downtrend. This breakout indicates that the bears may be losing control, at least in the short term.

Data compiled by Blockchain Magazine and CoinGlass showed 24-hour volume near $76.8M, equal to roughly 60% of the token's market cap. Open Interest jumped 167.45% to $21.65M, indicating heavy leveraged participation alongside spot buying.

Analysts flagged $0.025 as the next resistance level for SKR, with $0.020 as the level bulls must defend. A break below $0.020 risks unwinding the expanded leverage quickly.