"Back to Dictionary

WHAT IS A SOLANA SPL TOKEN

When we talk about SPL Token we refer to Solana Blockchain Tokens. SPL stands for "Solana Program Library", i.e. SPL Token are the tokens that follow Solana standards. 

The SPL Token is the Solana Blockchain analog to ERC-20 tokens of the Ethereum Blockchain. These tokens can be used to fulfill different functions and/or utilities. 

Although undoubtedly, the most popular and well-known is SOL, the Blockchain governance token. As you may know SOL is used as a payment currency, transfer of value, execute contracts and even participate in Solana governance.

SPL Tokens such as $DUST or $BONKalso stand out.

Surpass your competitors?

Join our Newsletter and receive weekly Blockchain news specialized in web3 creators.

PODIUM PNG - Smithii
SMITHII LOGO

All-in-one Solution for Solana Projects

Features

Analytics

Management

Smithii Tools

Apps

Resources

Tutorials

Affiliates

NFT Course

Blog

Dictionary

Sitemap

Subscribe

Receive weekly news
for Solana Creators

© 2024 Smithii | All rights reserved