Question 1

How do I create an SPL token on Solana?

Accepted Answer

ChainPortal lets you create SPL tokens on Solana mainnet, testnet, or devnet. Configure your token name, symbol, supply, and decimals, then deploy in one transaction using your Phantom or Solflare wallet.

Question 2

What are Solana transaction fees?

Accepted Answer

Solana transactions cost fractions of a cent (typically 0.00025 SOL). Token creation requires slightly more due to account rent, but it is still significantly cheaper than EVM chains.

Question 3

What is the difference between SPL and ERC-20 tokens?

Accepted Answer

SPL is Solana's native token standard, similar to ERC-20 on Ethereum. SPL tokens benefit from Solana's high throughput and low fees, while ERC-20 tokens work across all EVM-compatible chains.

Question 4

Which wallet works with Solana?

Accepted Answer

Phantom is the most popular Solana wallet. Solflare and Backpack are also excellent alternatives with full SPL token and NFT support.

Question 5

Can I create Solana NFTs with ChainPortal?

Accepted Answer

Yes. ChainPortal supports creating NFTs on Solana using the Metaplex standard. Upload your metadata to IPFS, set royalties, and mint directly from the interface.

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