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SPL tokens

1,694 coins #7

SPL tokens are created on the Solana blockchain. More

# Coins Price Market cap 24h
1.35K Grin GRIN $ --
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1.35K Peblo PEBLO $ --
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1.35K Shekelberg Investment Club SHEKEL $ --
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1.35K Moshi MOSHI $ --
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1.36K transkatgirl KAT $ --
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1.36K milady aura AURA $ --
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1.36K BEEG YOSHI BEEG $ --
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1.36K dorime DORIME $ --
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1.36K Miharu the finless porpoise MIHARU $ --
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1.36K 8ball 8BALL $ --
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1.36K DistractedBoyf BOYF $ --
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1.36K Joel JOEL $ --
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1.36K cringe CRINGE $ --
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1.36K Cheyenne CHEYENNE $ --
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1.37K NUTZ NUTZ $ --
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1.37K KOTARO KOTARO $ --
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1.37K UNFK UNFK $ --
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1.37K RAW MILK MILK $ --
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1.37K Chimper CHIMPER $ --
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1.37K X Community X $ --
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1.37K Quantum E=mc² $ --
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1.37K Genesis the Tweak GENESIS $ --
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1.37K MyPeach PEACH $ --
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1.37K Psy The Cat PSYCAT $ --
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1.38K Barong BARONG $ --
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1.38K Venus the Two Face Cat VENUS $ --
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1.38K DJCAT SCRATCH $ --
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1.38K Peanut’s Best Friend MARSHALL $ --
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1.38K OCCUPY MARS MARS $ --
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1.38K Abdu Rozik's Cat $RENZO $ --
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1.38K Salvator Mundi MUNDI $ --
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1.38K Goatse Gospels GG $ --
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1.38K HOWLY HOWLY $ --
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1.38K Ruri RURI $ --
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1.39K TheBanditos BANDITO $ --
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1.39K miniMoodeng MINIDENG $ --
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1.39K MEME PET ARMIES GIDOGS $ --
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1.39K Hear Me Out HMO $ --
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1.39K Claire Bear CB $ --
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1.39K Legion X LEGIONX $ --
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1.39K Arie The Sealion ARIE $ --
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1.39K Moodeng's Friend PongPang $ --
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1.39K before GTA 6 BGTA6 $ --
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1.39K Standing On Business SOB $ --
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1.4K Target Dog BULLSEYE $ --
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1.4K Alex Jones INFOWARS $ --
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1.4K kapi plara KAPI $ --
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1.4K john pork PORK $ --
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1.4K Skill Issue SKILL $ --
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1.4K WE ARE RETARDS WAR $ --
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Top gainer in this list Top loser in this list Ranking penalty

Top gainers

Coins Price Market cap 24h
ai16z AI16Z $ 1.16
$ 1.28B
$ 1.28 billion
+34.95%
STEPN GMT $ 0.23
$ 95.14M
$ 95.14 million
+33.83%
Comedian BAN $ 0.0575
$ 57.51M
$ 57.51 million
+14.47%
Green Satoshi Token (SOL) GST $ 0.0192
$ 48.04M
$ 48.04 million
+10.88%
Dasha VVAIFU $ 0.0544
$ 54.06M
$ 54.06 million
+9.74%
All gainers
Top gainer in this list Top loser in this list Ranking penalty

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.