PANews reported on January 23 that, according to CoinGecko data, the price of SKR surged rapidly from its opening low of approximately $0.006 after listing, with a maximum increase of over 10 times (reaching the $0.06+ range), and is currently stable around $0.036–$0.044. Global 24-hour trading volume exceeded $250 million, with the Bybit SKR/USDT trading pair contributing significantly (accounting for approximately 13%+, with a trading volume exceeding $31 million), ranking among the top CEXs.
Bybit launched the SKR Token Splash event concurrently with its listing (total prize pool of 9,000,000 SKR, 6M Spot + 3M Alpha, double rewards mode), further stimulating trading participation. Currently, over 5,500 participants have joined. The Bybit Alpha platform also launched the SKR-USDC liquidity pool, and strong trading demand rapidly amplified on-chain transaction volume, driving the SKR-USDC liquidity pool yield to surge to a maximum of 980%.
Since 2025, Bybit has continuously deepened its Solana ecosystem development, including incubating Byreal DEX (Solana's native decentralized exchange), launching Bybit Alpha (an on-chain, gas-free trend capture tool supporting high-yield staking on Farm), and providing end-to-end support for Solana asset trading through Spot/Perps. This simultaneous "Full House" launch further highlights Bybit's first-mover and deep-rooted advantages in the Solana coin market.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
