SPL tokens

1,831 coins #7

SPL tokens are created on the Solana blockchain. More

Coins Price Market cap 24h
1.05K NOLE NOLE $ --
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1.05K Uber Jeets UBERJEETS $ --
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1.05K real fast SPEED $ --
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1.05K Binance Cat POSEIDON $ --
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1.06K DJCAT DJCAT $ --
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1.06K Nigi NIGI $ --
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1.06K TRUMP’S HAT MAGA $ --
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1.06K jeoing737 JEOING737 $ --
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1.06K MUZKI MUZKI $ --
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1.06K Jail Cat CUFF $ --
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1.06K Tsuki TSUKI $ --
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1.06K Lichi the cat $LICHI $ --
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1.06K Wall Street Bets WSB $ --
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1.06K Gorilla In A Fucking Coupe COUPE $ --
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1.07K SolanaHub staked SOL HUBSOL $ --
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1.07K White Boy Summer WBS $ --
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1.07K Pambicoin PAMBI $ --
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1.07K ZION THOMAS ZION $ --
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1.07K SolEye - OFFCHAIN TRACKER EYE $ --
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1.07K Trump'sTabby TABBY $ --
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1.07K Mogul Trumps Code Name MOGUL $ --
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1.07K ENGLAND ENG $ --
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1.07K pixi PIXI $ --
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1.07K Dino Dragon DINO $ --
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1.08K Future FUTURE $ --
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1.08K cheepepe CHEEPEPE $ --
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1.08K YAKU YAKU $ --
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1.08K Laine High Yield LST laineSOL $ --
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1.08K elawn moosk MOOSK $ --
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1.08K PAPA Trump PPT $ --
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1.08K Drift Staked SOL DSOL $ --
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1.08K achi ACHI $ --
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1.08K DOUGHGE $DOH $ --
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1.08K PEPE MAGA PEPEMAGA $ --
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1.09K MOG on SOL MOG $ --
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1.09K Safest Trades SFT $ --
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1.09K Dog wif hat WIF $ --
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1.09K ASIAN MOTHER IRENE $ --
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1.09K Satō 砂糖 SATO $ --
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1.09K Dream Cat DREAM $ --
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1.09K GAMESTOP PEPE GMEPEPE $ --
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1.09K Solbank SB $ --
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1.09K rexwifhat REXHAT $ --
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1.09K Solo King SKING $ --
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1.1K Waka Flocka FLOCKA $ --
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1.1K Kyon The Martian Inu KYON $ --
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1.1K Genie GENIE $ --
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1.1K KatAI KATAI $ --
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1.1K GEGE GEGE $ --
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1.1K CHIPPY CHIPPY $ --
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Top gainer in this list Top loser in this list Ranking penalty

Top gainers
Coins Price Market cap 24h
swarms SWARMS $ 0.52
$ 520.4M
$ 520.4 million
+4.73%
Act I : The AI Prophecy ACT $ 0.37
$ 356.24M
$ 356.24 million
+3.99%
Wrapped Solana SOL $ 221.91
$ 273.97M
$ 273.97 million
+3.81%
numogram GNON $ 0.0501
$ 50.19M
$ 50.19 million
+1.99%
Quiztok QTCON $ 0.0015
$ 18.14M
$ 18.14 million
+1.74%
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.