Investing in crypto tokens has become common these days. But creating a crypto token on a blockchain requires more action & knowledge. So, When it comes to token creation on a blockchain, many blockchains are there in the crypto market. However, among them, one of the most common and efficient blockchains is Solana.
It is the best blockchain to create your token because it uses proof of history and a unique algorithm to validate transactions. In order to improve its speed, it uses a unique method of transactions. In that, users can pay their transaction fees with SOL, Solana’s native cryptocurrency.
The popularity of the Solana invades the demand of creating a token in it. Many startups and budding entrepreneurs are showing interest in creating tokens on the Solana blockchain for their businesses. Also, Launching a token on the Solana blockchain is more challenging and requires a lot of time and high-tech resources, especially the first time.
Are you figuring out how to create Solana token on the Solana blockchain?
In this article, I’ll guide you on how to create an SPL token for your business along with the perks and benefits of launching a token on the Solana blockchain. And let us have a closer look at the features and discover more about the SPL tokens.
What is Solana Token?
First of all, you need to know about the SPL token. So, let us start the article with a brief note about the Solana blockchain, its token, its standards and how to create solana token.
Solana is the fastest and most highly secure blockchain in the crypto industry. It is one of the fastest-growing and most decentralized blockchains. More often, tokens created on the Solana blockchain are used to create successful projects in crypto exchange, Defi, NFTs, Web3, and more.
SOL is the native crypto token of the Solana network. The native token SOL uses the SPL protocol. SPL(Solana Programming Library) is the token standard of the Solana blockchain. The token created on the Solana blockchain assures speed, security, and censorship resistance. Indeed, Solana is a better alternative to Ethereum, especially for its faster speed of transactions. Basically, Solana is designed to overcome the limitations of legacy blockchains. It also increases liquidity and has complete ownership of your digital assets like Ethereum.
Now, let us see
Top crypto tokens on the Solana blockchain
According to the market analysis, Solana has ranked as the ninth largest asset that is thriving within the DeFi & NFT space. Solana is a public, open-sourced blockchain that intends to offer scalable smart contracts within the limits of decentralization and in a safe & secure environment. Here is the list of top crypto tokens on the Solana blockchain.
- Audius (AUDIO)
- Serum (SRM)
- Raydium (RAY)
- Mango Markets (MNGO)
- Tether (USDT)
- Chainlink (LINK)
- Terra Classic( LUNC)
- The Graph (GRT)
- Arweave (AR)
- Render Token (RNDR)
Now, let us discuss the reason to create Solana token for your business.
Reason to create Solana Token
As I said earlier, Solana is the fastest blockchain and fast-growing ecosystem in the crypto industry. There are many good reasons to create a token on the Solana blockchain to get success in business. Before, we go further to create SPL token, here are some reasons that I would like to share with you.
- Resides on a popular blockchain
- Fast and cost-efficient
- Extensive compatibility
- Rules the current market trend
- Highly suitable for mass adoption
- Easy integration
- High Scalability and staking
- Entirely decentralized solutions
- Low transaction fees
- Highly composable
Now it’s time to dig deeper into
How to create a Token on the Solana blockchain?
As there are many ways to create SPL tokens for your business. Every method requires some technical knowledge, but the difficulty differs per method. So, I have explained two different ways to create your token on the Solana blockchain as per your business requirements.
Create Solana token through coding
In order to create an SPL token, the first method is writing code and which requires a lot of technical knowledge. If you have mastered the coding, then this method is the best option to create your token. So, It gives you the most freedom and without any restrictions, you can code your token as per your business requirements.
As it requires vast knowledge and experience, creating a token on the Solana blockchain through coding is nearly impossible for budding entrepreneurs and startups. It takes a lot of time, money, and energy to create a token through coding.
Create Solona token with Solana token development company
If you want to create Solana base crypto token without any hassles, then you can make use of the best Solana token development services. Most commonly, these services are provided by a reputed Solana token development company in the market. They have a team of experts who have the knowledge and expertise to take the work out of your hands.
In that case, the well-experienced professionals will take care of all aspects related to the creation of a token, which can save you a lot of time and money. In the crypto market, many development companies are there to provide a function-rich Solana token.
Among various development firms, Zab Technologies is one of the early birds in providing crypto token development services. As a prominent Solana token development company, we have dedicated Solana token developers and experts. With the adroit team, we help you to launch Solana tokens with updated security attributes to regulate token transactions.
Features of our Solana Token Development
Here I have narrowed down some features that we provide in our Solana token development service. These features will help you to launch an effective and functioning SPL token in the market.
The SPL token that we create allows your users to swap from one form of currency to another in a separate blockchain.
We create SPL token that consists of contracts that are smartly compiling complicated codes in a simplified format.
We create an SPL token that comes with some security mechanisms like malware protection, authentication, and more.
You can have complete control over your token. Using this feature you can control your SPL token as per your needs.
Compatible with all wallets
The token we create on the Solana blockchain supports any crypto-based wallet.
This feature enables you to increase the token supply as per your requirement.
Advanced Access control
We also create SPL tokens with advanced controls such as manual minting, manual burn, and much more.
Source code verified
You can gain your users’ trust with a code verification service included with our Solana token development service.
So far, we have seen a plethora of features in our Solana token development service. With the integration of the above-listed features, you can definitely get a well-functioning SPL token. And now we shall focus on the benefits of getting our Solana token development service.
Benefits of our Solana Token Development
As a leading Solana token development company, we maintain your Solana token up to date with the current trends. So, by following current trends, the Solana-based crypto token we create will engage your users in your business. Therefore, the most prominent benefits of our Solana token development are,
- Simple coding
- Instant deployment
- Easy usage and integration
- Secured with smart contract
- Deployed with wallet
- Quick fundraising
- Automatic transaction
Overall in this blog, we discussed all the essential things to consider on or before the Solana token development process.
I hope you found this article informative and that you came to know that creating a token on the Solana blockchain is profitable for your business. Also, If you want to create a SPL token, then hire our professional team of Solana token developers. They provide you with a robust, scalable, & impressive crypto token on the Solana blockchain.
Let us conclude this article with.,
Why choose ZAB Technologies for Solona Token development?
Zab Technologies is a well-known Solana token development company in the blockchain arena. We are known for offering top-notch token development services. Our feature-rich SPL token development comes with a plethora of features and benefits. And also, our team of experts helps you with creating an SPL token with advanced functionalities. So, you can stay ahead of your competitors and boost the revenue of your crypto business. We have a pool of well-experienced Solana token developers. And they would help you upscale your crypto-related business.
- Experts in providing Solana token development service
- Our developers have the skills to use futuristic tools and tech
- Years of experience in Solana token development service
- We create tokens on the Solana blockchain with the highest quality standard
If you have an interest in creating an SPL token, we are here to help you with that.
Hire our experts and get your token on the Solana blockchain right away for your business.