SPL is Solana's token standard, defining how tokens are created and transferred on the Solana blockchain. It's the direct equivalent of Ethereum's ERC-20, but built for Solana's architecture, part of the ecosystem covered in \[pillar hyperlink: What Is Solana\].
The SPL standard
SPL tokens follow a common program (Solana's version of a smart contract) that governs balances, transfers, and other standard token behavior across the network, letting wallets and apps interact with any SPL token consistently.
SPL vs. ERC-20
Both standards solve the same basic problem, consistent token behavior on their respective chains, but SPL is built around Solana's account model, which differs technically from Ethereum's approach. See What Is an ERC-20 Token for the Ethereum-side comparison.
Examples
Many Solana-based projects, including stablecoins and DeFi tokens issued on Solana, use the SPL standard rather than building custom token logic from scratch.
Wallets
Solana-compatible wallets natively support SPL tokens, similar to how Ethereum wallets handle ERC-20 tokens automatically once a token is recognized.