SPL tokens 1,848 coins #7 Page 21

SPL tokens are created on the Solana blockchain. More

Coins Price Market cap 24h
1K Book of Meme 2.0 BOME2 $ --
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1K Proof of Great AI POGAI $ --
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1K Pnut PNUT $ --
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1K PengyOS POS $ --
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1.01K dog wif ai WIFAI $ --
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1.01K Liquid Staking Token LST $ --
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1.01K HMM HMM $ --
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1.01K Baba $BABA $ --
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1.01K Colana COL $ --
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1.01K Loom LOOM $ --
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1.01K Panda Swap PANDA $ --
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1.01K Lurry Pink $BLACKROCK $ --
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1.01K Magic Internet Money MIM $ --
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1.01K SpiderSwap SPDR $ --
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1.02K canwifhat CAN $ --
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1.02K Banana BANANA $ --
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1.02K DogWifCat DWIFC $ --
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1.02K Jake The Dog JAKE $ --
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1.02K MonkfishAI MONKFAI $ --
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1.02K McDonald's Happy Meal HAPPY $ --
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1.02K KORRA KORRA $ --
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1.02K LOOPY LOOPY $ --
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1.02K Swirl Social SWIRL $ --
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1.02K Slerf Cat SLERFCAT $ --
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1.03K SHIBASSO SHIBASSO $ --
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1.03K Orcat ORCAT $ --
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1.03K Snapcat SNAPCAT $ --
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1.03K URANUS ANUS $ --
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1.03K ShibaInu on Solana SHIB $ --
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1.03K PDT PDT $ --
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1.03K Arizona Iced Tea 99CENTS $ --
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1.03K jotchua JOTCH $ --
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1.03K World War 3 WW3 $ --
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1.03K PEACE COIN NOWAR $ --
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1.04K 1INTRO INTRO $ --
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1.04K Don Gaymon GAYMON $ --
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1.04K Book of Solana BOSOL $ --
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1.04K KittenWifHat KittenWif $ --
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1.04K Worken WORK $ --
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1.04K Garfield Cat GARFIELD $ --
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1.04K Dildo BagHands DILDO $ --
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1.04K GOLAZO GOL $ --
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1.04K Quby AI QYAI $ --
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1.04K Ozacoin OZA $ --
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1.05K Helius Staked SOL HSOL $ --
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1.05K dubduck DUB $ --
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1.05K HORNT HORNT $ --
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1.05K China Coin CHINA $ --
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1.05K Blaze BLZE $ --
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1.05K Alickshundra Occasional-Cortex AOC $ --
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Top gainer in this list Top loser in this list Ranking penalty

Top gainers
Coins Price Market cap 24h
neur.sh NEUR $ 0.0699
$ 63.64M
$ 63.64 million
+34.57%
nubcat NUB $ 0.0161
$ 15.33M
$ 15.33 million
+31.11%
Ava AI AVA $ 0.211
$ 210.84M
$ 210.84 million
+27.04%
MAD MAD $ 0.000021
$ 21M
$ 21 million
+2.12%
Urolithin A $URO $ 0.0399
$ 39.85M
$ 39.85 million
-0.09%
All gainers

What are SPL tokens?

SPL tokens, also known as Solana Program Library tokens, are a kind of digital money that works on the Solana blockchain. These tokens can be either special, one-of-a-kind items (NFTs) or regular types of money. They're made and taken care of using the Solana Token Program. What's special about SPL tokens is that they don't need different rules for each type, unlike some other systems. This means they're flexible and can do lots of different things without needing a strict number of rules.

What are SPL tokens known for?

Some of the features these tokens are best known for include:

  1. Interoperability: Unlike many token standards, SPL tokens possess the ability to of accommodate both fungible and non-fungible tokens. This versatility allows extensive range of potential applications within the Solana ecosystem.
  2. Efficiency at its Core: One of the Solana blockchain's defining features is its lightning-fast transaction processing. SPL tokens use this advantage to ensure transactions occur with remarkable speed and efficiency compared to counterparts on other networks.
  3. Minting through Smart Contracts: The process of creating SPL tokens involves interacting with the Solana blockchain's smart contract capability, known as minting. This mechanism ensures a secure and robust token creation process.

Why are SPL tokens important?

At its essence, the SPL token standard serves the fundamental role of defining how tokens, both fungible and non-fungible, operate within the Solana network.

Similar to Ethereum's ERC-20 standard, SPL tokens ensure seamless interoperability with Solana wallets and smart contracts. They provide a framework for tokenization which allows various applications and platforms to function within Solana.

Use cases of SPL tokens

SPL tokens manifest in various forms and functions:

  • Native Currency SOL: Serving as Solana's native cryptocurrency, SOL plays a pivotal role in governance, executing contracts, and acting as a means of value transfer within the Solana ecosystem.
  • Diverse Tokens: From JTO to PYTH, SPL tokens encompass a myriad of offerings on the Solana blockchain. These tokens span functionalities such as trading, liquidity provision, stablecoin utility, and more.

What are SPL tokens used for?

SPL tokens on the Solana blockchain are heralded for their multifaceted utility:

  • Airdrops and DApps: SPL tokens enable airdrops, facilitating free token distributions, and find their place within various decentralized applications.
  • Trading and Staking: They power decentralized exchanges, support staking for network participation, and wield governance authority, empowering token holders to shape the future direction of projects.
  • Seamless Transactions: These tokens facilitate payments, value transfers, and serve as a medium for Initial Coin Offerings (ICOs) or Initial Exchange Offerings (IEOs).

Final thoughts on SPL tokens

In conclusion, SPL tokens on the Solana blockchain epitomize a groundbreaking standard. Their efficiency, interoperability, and diverse use cases underscore their pivotal role in powering decentralized applications, facilitating secure transactions, and driving innovation within the burgeoning Solana ecosystem. As the blockchain landscape continues to evolve, SPL tokens remain at the forefront, offering a compelling vision of a decentralized future.