$SIREN is building one of the cleanest ladder-style recovery structures on the chart right now
The setup is straightforward
Every major impulse created a new resistance zone
And those same zones now become the roadmap for the next expansion cycle
Target 1 is the first confirmation area
Target 2 becomes the momentum acceleration zone
And if price fully reclaims higher timeframe strength, Target 3 opens the door for a complete market repricing
What makes this structure interesting is the way price keeps stabilizing after each violent correction instead of fully collapsing
That usually signals demand is still active underneath the surface
Most traders only focus on the last candle
But the bigger opportunity often comes from understanding how markets behave after deep consolidations
When an asset survives repeated selloffs and continues forming higher acceptance zones, it creates the conditions for explosive continuation once liquidity returns
And once breakout momentum starts stacking through multiple resistance levels, upside moves can happen far faster than people expect
📊@Solana Data Insights – Nearly 70% of $SKR Supply Staked as 34,000 Wallets Lock Entire Holdings
✍️ @ario_57_
Key takeaways from this report:
• Over 97% of the 1.96B $SKR airdrop supply was claimed by 80,000+ wallets within the first week.
• More than 34,000 wallets have staked their entire $SKR balance, helping push total staking to nearly 70% of the circulating supply.
• Over 50% of claimants staked at least part of their allocation, while about 35% sold their full airdrop.
• Total staked $SKR exceeds 3.97B tokens across more than 44,000 wallets.
• Airdrop claimants alone have staked over 787M $SKR, representing more than 41% of claimed tokens.
• Most stakers hold mid-sized positions, with over 36% staking between 10k and 20k $SKR.
• DEX trading volume surpassed $177M in the first week, with a peak day above $76.9M.
• More than 22,000 traders interacted with $SKR markets on the busiest trading day.
• $SKR holders now exceed 68,000 unique wallets, reflecting broad ecosystem participation.
• @solanamobile’s 50% SKR payment discount feeds tokens back into future airdrop pools.
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$SKR is being talked about as the “secondary Solana token” by the Solana community
If that narrative sticks, where do you see $SKR landing long-term from an FDV perspective?
Based on current market conditions, I’d personally view something like a $600M-$800M FDV as healthy & sustainable - over the long term as the token matures
That said, it’s still a new token - it needs time for real price discovery & organic positioning in the market.
But relative to today’s valuations, that range feels reasonable if adoption, usage & ecosystem alignment keep trending up.
And of course - in a stronger market environment, those ranges shift higher alongside everything else.
What's your take?
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