An SPL token is a token created using Solana's token program standard.
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Short definition
SPL Token is an SPL token is a token created using Solana's token program standard.
Simple explanation
SPL tokens are used on Solana and have a different structure from ERC-20 or BEP-20 tokens.
Why it matters
Solana wallets, explorers, token accounts, and programs work differently from EVM-based chains.
Example context
A Solana-based stablecoin or meme token may be represented as an SPL token.