Solana Mobile: Burns 1.23M SKR as Token Gains 5.9%
Solana Mobile burned 1,231,725 SKR tokens worth roughly $17,400 across 20 transactions since October 15, with average daily burns near 61,600 tokens, as the price rose 5.9% in the last 24 hours per Onchain Lens data.
SourceAnalysis
Solana Mobile burned 1,231,725 SKR tokens worth about $17,400 in 20 transactions since October 15, averaging 61,600 tokens per day, while SKR climbed 5.9% over the past 24 hours.
SKR trades at $0.01 inside the Bollinger Bands on the 4h chart, with RSI at 54.74 showing neutral momentum and MACD printing a golden cross that signals short-term bullish pressure. The EMA50 sits at the current price level as immediate support while the EMA200 at $0.02 continues to cap upside in the longer-term bearish structure.
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