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Solana Mobile says daily SKR buybacks have burned 1.2 million tokens

Crypto Briefing·November 3, 2026·1 min read
Solana Mobile says daily SKR buybacks have burned 1.2 million tokens

Solana Mobile's daily SKR buybacks have burned 1.2 million tokens, tying token supply to ecosystem revenue. This program could stabilize value but relies on sustained user trust and activity. The buyback mechanism is part of Solana Mobile's strategy to support the SKR token's long-term viability.

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