The altcoin market faced significant pressure, with a notable drop in large cryptocurrencies, resulting in a nearly $50 billion decrease in capitalization. Major altcoins like Ethereum and Solana saw sharp declines, reflecting widespread market weakness amid increased selling pressure and investor risk aversion.

【Crypto World】Solana Mobile ecosystem welcomes new developments—native asset SKR is officially launched. This means community users can start claiming and staking SKR, further participating in the development of the Solana mobile ecosystem. As a key token in the Solana Mobile ecosystem, the launch of SKR also marks another step in the blockchain's expansion into the mobile space. If you're interested in the Solana ecosystem, take a look at the mechanism design of this new asset.