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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 on Solana governance.

SPL Tokens such as $DUST or $ .BONK.