BingX Lists SKR, the Native Token of Solana Mobile

TheNewsCryptoPublished on 2026-01-21Last updated on 2026-01-21

Abstract

BingX, a leading crypto exchange, has announced the listing of SKR, the native token of the Solana Mobile ecosystem. This provides traders with opportunities to engage in the platform's governance and network development. To celebrate, BingX is hosting a SKR Listing Carnival from January 21 to 28, offering new user rewards, trading missions, and a total prize pool of $100,000 in SKR, along with fixed-term benefits and extra Xpool points. SKR is the utility token powering Solana Mobile's recently launched second-generation Web3 smartphone. It enables governance and incentivization within the platform, allowing users to stake tokens to Guardians to participate in activities like verifying device authenticity and reviewing dApps. Stakers are also rewarded for helping secure the network. The listing aligns with BingX's strategy to expand its spot trading offerings and connect users with innovative Web3 projects. SKR, backed by an active community, highlights BingX's commitment to providing access to emerging opportunities in the blockchain space.

BingX, a leading crypto exchange and Web3-AI company, today announced the listing of SKR, the native asset of the Solana Mobile ecosystem, opening up more opportunities for traders to participate in Solana Mobile’s platform governance and network development.

To celebrate the listing, BingX is launching a SKR Listing Carnival from January 21 to January 28, with new user special rewards and trading missions for users to participate and share a total prize pool of $100,000 in SKR, along with SKR Fixed Term Wealth benefits and extra Xpool points.

Following the launch of Solana Mobile’s second-generation Web3-native smartphone, SKR powers its ecosystem for governance and incentives. The token powers governance and incentivization within the platform, distributing control while fostering collaboration among builders, users, and hardware partners. By staking SKR to Guardians, users can actively participate in platform governance, from verifying device authenticity to coordinating dApp reviews and enforcing community standards. Additionally, stakers are rewarded for helping to secure the network, further strengthening the ecosystem.

The listing of SKR represents another step in BingX’s commitment to expanding its spot trading offerings and connecting users with cutting-edge projects. As one of the most widely anticipated tokens backed by an active and growing community, SKR underscores BingX’s dedication to providing access to emerging opportunities in the Web3 and blockchain space.

About BingX

Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide. Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels.

Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency.

BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.

For media inquiries, please contact: media@bingx.com

For more information, please visit: https://bingx.com/

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.

TagsBingXPress Release

Related Questions

QWhat is SKR and which ecosystem does it power?

ASKR is the native asset of the Solana Mobile ecosystem, powering its platform for governance and incentives.

QWhat event is BingX hosting to celebrate the SKR listing and what are the dates?

ABingX is launching a SKR Listing Carnival from January 21 to January 28 to celebrate the listing.

QWhat is the total prize pool for users participating in the SKR Listing Carnival?

AThe total prize pool for the carnival is $100,000 in SKR, along with SKR Fixed Term Wealth benefits and extra Xpool points.

QHow can users participate in the Solana Mobile platform governance using SKR?

AUsers can stake their SKR to Guardians to participate in platform governance, including verifying device authenticity, coordinating dApp reviews, and enforcing community standards.

QSince when has BingX been the principal partner of Chelsea FC and the first crypto exchange partner of Scuderia Ferrari HP?

ABingX has been the principal partner of Chelsea FC since 2024 and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.

Related Reads

ETFs Are Just the Ticket: The True Institutionalization of Bitcoin Is Happening Where You Can't See It

Beyond the Bitcoin ETF spotlight, a deeper institutionalization is underway, leveraging Bitcoin as a foundational financial primitive. Institutions are using Bitcoin for purposes long reserved for assets like U.S. Treasuries and gold: as collateral for loans, insurance reserves, and the backbone of rated bonds. Examples include a Barbados-based insurer capitalizing with $40M in Bitcoin reserves and Ledn's $188M securitization of Bitcoin-backed loans, which received the first-ever investment-grade rating (BBB-) from S&P for a digital asset-backed security. This structure was stress-tested during a 27% price drop in early 2026, triggering automatic liquidations that functioned as designed but revealed the systemic risk of synchronized selling across leveraged positions. Infrastructure is evolving to support this, with platforms like Anchorage Digital's Atlas network enabling secure, institutional-grade settlement and collateral management. Strategies like basis trades and corporate treasuries (exemplified by companies like MicroStrategy issuing billions in equity and debt to fund Bitcoin acquisitions) further integrate Bitcoin into financial mechanics. While ETFs solved "how to own" Bitcoin, these developments answer "what to do with it," embedding the asset into the working machinery of finance—as collateral upon which loans, derivatives, and structured products are built. The real, enduring institutional shift is happening in these largely invisible plumbing and financing systems.

marsbit2m ago

ETFs Are Just the Ticket: The True Institutionalization of Bitcoin Is Happening Where You Can't See It

marsbit2m ago

ZEC Co-Founder Responds to Orchard Vulnerability: No Signs of Theft, Orchard Pool to Be Sealed

ZEC Co-Founder Addresses Orchard Vulnerability: No Signs of Theft, Plans to Sunset Orchard Pool A security vulnerability was recently discovered in Zcash's Orchard shielded pool, raising key concerns. The primary questions are whether the flaw was exploited, if user funds are safe, whether users can verify the total ZEC supply, and if other similar vulnerabilities exist. Analysis suggests the vulnerability was likely not exploited prior to its discovery. It was found proactively by a researcher using specialized tools, not due to an active breach. The development team and mining pools acted quickly to contain the issue. Typical financially-motivated attacks would likely have left visible on-chain evidence, which has not been observed. User funds in Orchard are considered safe and should be recoverable, assuming no prior exploitation. If the flaw was never used, all legitimate funds can be withdrawn. The article outlines risks associated with moving funds to transparent addresses or other pools, but concludes that leaving assets in place is a reasonable option. Currently, users cannot independently verify that the total ZEC supply hasn't been inflated due to this bug. However, the planned Ironwood network upgrade is designed to resolve this. It will permanently close the Orchard pool to new deposits and internal transfers, allowing only withdrawals. This mechanism will cap total withdrawals at the amount of legitimately deposited funds, enabling anyone to cryptographically verify the supply post-upgrade. Multiple teams, including Shielded Labs, have conducted extensive audits focused on counterfeiting vulnerabilities, assisted by advanced AI tools. No additional flaws of this type have been found so far, increasing confidence that no other similar undisclosed vulnerabilities exist. In summary, evidence indicates the Orchard bug was probably not used, user funds are secure, and no other counterfeiting flaws are currently known. The upcoming Ironwood upgrade will restore users' ability to independently verify the total ZEC supply, closing this chapter.

Foresight News7m ago

ZEC Co-Founder Responds to Orchard Vulnerability: No Signs of Theft, Orchard Pool to Be Sealed

Foresight News7m ago

Japan's Central Bank on the Verge of Raising Rates, Can the AI Bull Market Still Hold?

TL;DR: The impending Bank of Japan (BOJ) interest rate hike is shifting global market focus this week, raising questions about its potential impact on the AI-driven bull market and cryptocurrencies like Bitcoin. For years, the yen has served as a cheap global "funding currency," enabling carry trades where investors borrowed yen at low rates to buy higher-yielding assets. This dynamic amplified liquidity and risk appetite in global markets, benefiting high-beta assets like AI tech stocks and crypto. The BOJ's expected move to raise rates from 0.75% to 1.0% signals a shift away from this era of ultra-low-cost funding. The core concern isn't the 1% rate itself, but the direction of change and its potential to reduce global leverage and risk tolerance. An unwinding of yen carry trades could force investors to sell global assets to buy back yen for repayment, potentially triggering synchronized volatility in overvalued sectors. While AI fundamentals and crypto-specific drivers remain intact, the market impact will depend on whether the BOJ signals a faster-than-expected pace of normalization. Post-decision, watch for correlations between a strengthening yen, rising Japanese bond yields, and simultaneous pressure on tech stocks and cryptocurrencies to gauge if the market is pricing in a broader tightening of cheap global liquidity.

marsbit16m ago

Japan's Central Bank on the Verge of Raising Rates, Can the AI Bull Market Still Hold?

marsbit16m ago

Microsoft Announces Commercial-Grade Quantum Computer to be Completed in Three Years: Will the Boots Land?

Microsoft announces plans to build a commercially viable quantum computer by 2029, a significant acceleration from the previous industry consensus of a decade. The breakthrough is fueled by their new Majorana 2 quantum chip, which boasts a record-breaking average qubit lifetime of 20 seconds—a 1,000-fold reliability improvement over its predecessor. This leap was achieved by leveraging topological qubits, a theoretically more stable technology using Majorana zero modes, and switching the core superconducting material from aluminum to lead. Crucially, Microsoft's "Discovery" agentic AI platform accelerated the R&D process. AI agents autonomously analyzed vast experimental data, optimized manufacturing parameters (like the lead alloy composition), and solved issues like "ghost noise," dramatically speeding up experimentation. While the 20-second coherence time is a landmark, challenges remain: scaling from 12 qubits to the millions needed for practical applications, managing compilation costs, and verifying quantum results. Skeptics call for peer-reviewed data, and questions persist about whether even 20 seconds is sufficient for complex algorithms like breaking RSA encryption. The race is on with other approaches (superconducting, trapped ions), but Microsoft's confidence in its topological roadmap signals a potential shortcut to a scalable quantum future.

marsbit26m ago

Microsoft Announces Commercial-Grade Quantum Computer to be Completed in Three Years: Will the Boots Land?

marsbit26m ago

What Kind of People Is Anthropic Actually Hiring? Insights from 1,680 Resumes Provide the Answer

Contrary to the common perception of Anthropic as a PhD-heavy AI research lab, an analysis of 1,680 engineer profiles reveals its core talent is experienced "builders." The engineering team, largely assembled in the past 18 months (median tenure 10 months), hires senior engineers with a median of 12.2 years of prior experience. They primarily come from major engineering-focused companies like Google, Meta, Amazon, Microsoft, Stripe, Databricks, Snowflake, and Palantir, not primarily from other AI labs. Their backgrounds are infrastructure-heavy (40%), focusing on backend, distributed systems, databases, and security, with skills like Python, Java, C++, and AWS being common. Only 13.7% hold PhDs. The dominant job title is "Member of Technical Staff." For early-career hires (<6 years experience), entry is not based on standard work history but on prestigious signals: top internships (e.g., at FAANG or quant trading firms), competition rankings, research publications, or AI safety fellowship experience. The key insight for applicants is to present as infrastructure builders, highlighting experience with large-scale systems, not as pure researchers, reflecting Anthropic's identity as a highly engineered infrastructure company.

marsbit28m ago

What Kind of People Is Anthropic Actually Hiring? Insights from 1,680 Resumes Provide the Answer

marsbit28m ago

Trading

Spot
Futures

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of SOL (SOL) are presented below.

活动图片

Top Questions