Solana SPL Token (Solana) Token Smart Contract | Binance (BNB) Smart Chain Mainnet (2024)

FAQs

What is the spl token in Solana? ›

Understanding SPL tokens

SPL (Solana Program Library) is a standard for creating and managing tokens on the Solana blockchain. Similar to ERC-20 on Ethereum, SPL provides a set of conventions and interfaces for both fungible and non-fungible tokens.

You start this by cloning the repository. You then need to set your current environment to devnet which is Solana's test network for smart contracts. Creating new keypairs to interact with the deployed program on the Solana devnet. You will be asked to provide a passphrase for security.

Can I Bridge from BNB Chain to Solana? Yes, moving cryptocurrencies from BNB Chain to Solana is feasible using a cross-chain bridge that accommodates EVM to non-EVM transfers.

The price of SocialPal (SPL) is $0.0005366 today with a 24-hour trading volume of $351.07. This represents a 2.10% price increase in the last 24 hours and a 16.31% price increase in the past 7 days.

Once created, these tokens can be used within dApps, traded on DEXs, or used for other purposes within the Solana ecosystem. Here are a few examples of SPL tokens: JTO, PYTH, BONK, MNDE, HBB, RLB, SAMO, USDH, AURY, ORCA.

BNB token is the fuel for BNB Smart Chain. Originally known as Binance Coin, BNB has been rebranded to “Build and Build." In addition to serving as BNB Smart Chain's “gas" token, BNB also provides holders with on-chain governance rights.

According to Binance, the BNB token has continuously evolved since its debut. It was initially created as an ERC-20 token on the Ethereum network in 2017. By 2019, it switched over to the Binance Chain and fueled the establishment of the BSC network, which was officially launched in September 2020.

How to mint Solana spl token? ›

Sending Solana Program Library (SPL) Tokens is a critical mechanism for Solana development. Whether you are airdropping whitelist tokens to your community, bulk sending NFTs to another wallet, or managing token flows between escrow accounts, you will inevitably need to be able to transfer SPL tokens.

The Associated Token Account Program on Solana automatically creates a token account involving the sending or receiving of a new asset. For example, when you send SPL-BAT to a new address, the token account program ensures that a corresponding SPL-BAT account is created for you on the receiving address.

The Solana Program Library (SPL) is a collection of on-chain programs targeting the Sealevel parallel runtime. These programs are tested against Solana's implementation of Sealevel, solana-runtime, and deployed to its mainnet.

Only the wallet can burn its own tokens. Another solution is using a website like https://soldustvacuum.app/, where a burn instruction is built into the process and it will decrease your supply because it is interacting with the SPL Token program.

This article would focus on SPL22 — a hybrid token extension of the Solana blockchain that combines the best features of both fungible and non-fungible tokens. This unique token standard allows for the creation of tokens that can be used for both traditional transactions and as unique, one-of-a-kind digital assets.