Why issue coins in Solana?

If you are playing in the primary market, Solana is definitely a hot spot you can't miss. Solana is a high-performance public chain, known for its high-speed and low-cost transaction characteristics. It processes thousands of transactions per second (TPS) with extremely low transaction fees through a unique Proof of History (PoH) consensus algorithm and other innovative technologies. This makes Solana an ideal platform to support decentralized finance (DeFi), NFT markets, and other high-frequency applications.

Due to its high performance and low cost, Solana has received great attention in the market. The market value of its native token SOL continued to rise in 2023, becoming one of the cryptocurrencies with the highest market value. A large number of new projects choose to develop and issue on Solana, further promoting the prosperity of its ecosystem.

Especially in recent months, with the explosion of various MEME coins, Solana is gradually seizing the market share of ETH and BSC, attracting a large amount of capital. Issuing coins and doing projects on the Solana chain is one of the most popular and worthwhile things to do. If you don't follow the hot spots, you can't make hot money. This is the driving force behind issuing coins on Solana.

How can I issue coins on Solana?

There are two ways to issue Solana coins: one is to create it through the Solana CLI, and the other is to create it through a one-click coin issuance platform. These two methods have their own advantages and disadvantages.

Solana CLI is the command line tool of Solana. We must first configure and install the Rust environment on our computer, then download and install spl-cil. After that, we need to configure the development network, receive test coins, and then create tokens.

This process is difficult for non-technical people. Not to mention using it, you can't even understand it. The advantage is that you don't have to pay extra, you can do it yourself, and you don't have to worry about security issues. However, considering the high technical threshold and learning cost, I still recommend that you use Solana's one-click coin issuance tool PandaTool to complete it.

First, we need to install the Phantom wallet on the computer, then open the link to the official website of the coin https://solana.pandatool.org/ and connect the wallet.

The next step is to fill in the token parameters, which are as follows:

Required fields

  • Full name: Supports English, Chinese, and a mixture of Chinese and English, up to 15 characters

  • Abbreviation: Supports English, Chinese, and a mixture of Chinese and English, up to 15 characters

  • Precision: The default value is 9. The precision is related to the maximum supply you can fill in.

  • Supply quantity: When the precision is 9, the maximum supply cannot exceed 10 billion. When the precision is 8, it cannot exceed 100 billion, and so on.

  • Logo: Image size less than 100k, recommended size 256x256 pixels (square)

Optional part (optional)

  • Official website link:

  • Telegram Group:

  • Twitter Link:

  • Discord Link:

  • Introduction: No more than 200 Chinese characters (or 200 English letters)

  • Tags: Up to 5 tags are supported. By default, 5 tags will be written for you. If you think any of them are not suitable, just delete them and create your own.

For example, the information I filled in is as follows

The name of this token is PandaTool, and all fields are filled in except Discord. There are 5 tags by default, and you can delete or add them as needed.

After confirming that the information is correct, click the "Create Now" button. The Phantom wallet will pop up. Confirm and pay the fee, as shown below:

After a few seconds, a page will pop up to remind you that the token has been created successfully. (Note: Whether the token is created successfully is subject to the deduction of fees. If the fees are deducted, it is definitely successful. If it is not successful, there will be no deduction of fees.)

At this point, the entire coin issuance process is over. Next, you need to give up token permissions, create an OpenBook ID, add Raydium to the pool, burn the pool, etc. I will teach you these in subsequent tutorials.

What to do after Solana issues tokens?

Issuing coins is just the beginning. What should be done after the coins are issued to attract more people to buy and sell?

1. Preheating

In fact, before Solana issues the token, we should do some marketing preparations, such as registering a Twitter account, a Telegram group, and doing some warm-up. If you are targeting overseas users, you also need to make some emoticons and Gif images for dissemination, which will help build a MEME culture.

2. Market value management

After the token is listed for trading, you can use PandaTool's Solana market value management robot to conduct batch transactions to attract users to enter the market. You must know that if there is no trading volume, users will definitely not want to come. You have a capital pool and can pull the market. You have tokens and can also dump the market. Use the chips in your hand to control the rise and fall of the token price to achieve the purpose of market value management.

3. Marketing and Promotion

After you get a portion of the profit from the rise and fall of the token, you can use this part of the profit for some marketing work, including but not limited to: arranging avatar logos, Twitter celebrity support, AMM conferences, DEX advertising space, press releases, etc. These marketing actions will reach more users and attract more investors to enter the market.

Solana Token Issuance Summary

In general, it is not difficult, or even very simple, to complete Solana's coin issuance through a one-click coin issuance tool like PandaTool. However, if you want to run a project well and make it run for a long time, you need to spend some time and energy. Although the Solana chain has exploded many times, it still has great potential in the future. I hope everyone can earn their first pot of gold on Solana.