How to Take a Snapshot of Holders on Solana: A Guide for Project Creators
A holder snapshot on Solana is the full list of wallets holding a specific token at a given point in time. It’s the base input for any airdrop, loyalty program, governance snapshot or pre-distribution audit before rewards go out.
In this guide you’ll learn exactly what a snapshot is, the main use cases for a Solana project, and the 5 steps to pull the wallet list in under a minute with the Solana Snapshot Tool by Smithii.
What is a holder snapshot on Solana
A snapshot records on-chain who held how many tokens at a specific block. It lets you identify the holder set eligible for an airdrop, a governance vote, or a reward, without relying on lists that go stale within hours. The extraction reads the Solana ledger state at that moment.
Use cases for the holder snapshot
Solana Snapshot Tool is incredibly useful when you need a wallet list to later run an Airdrop for your token.
For example, if you have a meme coin and want to grow it, you can Take a Snapshot of the Holders of $CATWIFHAT, get the list of wallets holding that meme coin and run an Airdrop of your New Token to those wallet, on the assumption that since they’re already Holders of Meme Coin, they’re likely to Invest in your Own Meme Coin. It’s also handy for running IDOs, whitelists and any other marketing strategy to grow awareness of your project.
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How to take a snapshot on Solana with the Solana Snapshot Tool
Smithii offers the Solana Snapshot Tool, a no-code dApp that captures the holder snapshot of any token on Solana and returns the wallet list as CSV. The full flow takes seconds and costs 0.1 SOL.
- Open the Solana Snapshot Tool by Smithii.
- Connect your wallet to start using the software.
- Select the Token by pasting the token address into the matching field
- Click “Take Snapshot” and confirm the transaction (0.1 SOL + gas fees)
- Wait a few seconds.
You can copy the addresses of the Token Holders manually or download them as CSV. Ready to run your Airdrop!
Aprende a Hacer un Airdrop Token en Solana desde “zero”
Why use the Solana Snapshot Tool
Snapshot Solana Tool is a must-have for projects on the Solana blockchain. But to use it and pull a Snapshot Token Holders, you also need to understand the benefits it brings as a Web3 builder. Its main use cases include:
Capture holders from competing projects
You’ve already created your Token and you want other users to invest in your project. Look for a Meme Coin that has taken off with serious investment behind it. You can run a Snapshot of that project, get the wallets holding that token, and run an Airdrop of your New Token to those wallets. Once they see the drop in their wallets, those Holders are likely to invest in your Meme Coin.
Fair reward distribution
A Snapshot lets you identify the holders of Token at a specific moment. This makes it easy to distribute airdrop fairly and accurately. You can use this data to hand out staking rewards to holders so they don’t sell their tokens.
Governance execution
Since Snapshot are key to running a fair Airdrop, they’re also essential for governance voting. You can lock in an eligible voter list at a precise moment, so you know exactly who can vote on specific proposals based on token holdings.
Project management
Snapshot help creators understand token distribution before pushing updates or major changes. They make it easier to track how Token move and are distributed, giving you the foundation for solid analysis and efficient strategic planning.
Transparency and trust
Because Snapshot let you run audits before distributing your tokens, they boost project transparency and fairness. That builds stronger investor trust.
Event planning and loyalty
If you want to run promotions and events that reward your most loyal Token holders, running a Solana Snapshot is a huge help. It lets you roll out loyalty programs to reward long-term holders for not dumping their Token.
FAQ on holder snapshots on Solana
How much does a snapshot on Solana cost with the Smithii tool?
The cost is 0.1 SOL per snapshot, plus Solana gas fees (negligible, fractions of a cent). No subscription, no recurring fees: you pay per snapshot executed.
Do I need to be the token creator to run a snapshot on it?
No. The tool works with any Solana SPL Token, whether you’re the deployer or not. It’s also useful for analyzing holders of competing projects and designing acquisition campaigns based on existing holders.
What format do I get the holder list in?
CSV, downloadable directly from the tool once the snapshot finishes. Each row includes the wallet address and the token amount held at the snapshot block.
Does it work with classic SPL Token and Token-2022?
Yes. The tool indexes any token deployed on Solana, both classic SPL Token and Token-2022 with extensions. Just paste the mint address.
Does the snapshot include wallets that transfer tokens afterwards?
Yes. The snapshot locks in the ledger state at the executed block. Any transfer after that doesn’t change the captured list, which is exactly what you need to run a fair airdrop or execute governance over a specific distribution.
Conclusion
Running a Snapshot of a Token on the Solana network delivers a set of key benefits that improve project management, boost transparency and trust, and make fair reward distribution and governance participation much easier.
On top of that, with our Solana Snapshot tool, you get a serious edge: no coding required, and it’s the cheapest and fastest option currently available.
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Java developer and Solana degen. Trader and marketing contributor at Smithii.
