What is a Solana SPL token?
An SPL token is the Solana equivalent of an ERC-20 token on Ethereum. It is a fungible digital asset that you can create, distribute and trade on the Solana blockchain. Well-known examples are USDC, BONK and WIF — all SPL tokens.
What do you need?
- A Solana wallet — Phantom, Backpack or Solflare (free to install as a browser extension)
- About 0.1 SOL — for the Solana network fees (mint account + metadata + ATA)
- Your token information — name, symbol, supply and optionally a logo
Step 1: Install Phantom Wallet
Go to phantom.app and install the browser extension. Create a new wallet and save your seed phrase safely.
Step 2: Buy SOL
You need about 0.1-0.15 SOL. You can buy SOL via Coinbase, Kraken or Binance and send it to your Phantom wallet.
Step 3: Create token via SPLCreator
- Go to splcreator.com/create
- Click "Connect Wallet" and choose Phantom
- Fill in step 1: name, symbol (max 10 characters) and description
- Set your supply in step 2 — 1 billion is popular for meme coins
- Revoke mint authority in step 3 for a rug-proof token
Within 30 seconds your token is live on the Solana blockchain!
What does creating a Solana token cost?
| Cost item | Amount |
|---|---|
| Platform fee (SPLCreator) | 0.100 SOL |
| Mint account rent-exempt | ~0.002 SOL |
| Priority fee | ~0.001 SOL |
| Total | ~0.103 SOL |