Broader Ecosystem / Positioning
Introducing Solstack
The four steps every Solana token goes through between minting and becoming a real, tradeable asset, and where Solstack fits across all of them.
Solana is one of the fastest and most used blockchains in production, and that speed has made it the default place to launch and trade new tokens. The network handles over 100 million transactions a day, most of them for a fraction of a cent. On an average day around 20,000 new tokens are minted on it, and on record days that number has gone past 260,000. Fewer than 2% of them ever reach a real market.
Minting is usually the first thing people learn, and it's by far the easiest step. A new token has no holders and no market. Unless someone gives them up, it also still has a mint authority and a freeze authority attached, and traders don't want to see either. What happens after minting is what turns a token into something people hold and trade, and it's what separates the few tokens that last from the rest.
The token lifecycle
- Create. A token starts as a mint account with a name, a symbol, a number of decimals and a supply. It lives under either the original SPL Token program or the newer Token-2022 program, which adds optional extensions such as transfer fees and confidential balances. You can create one with the
spl-tokenCLI or with a token creator built on top of it, such as Solstack's SPL Token Creator and Token-2022 Creator. - Distribute. A token in one wallet isn't worth anything yet. It has to reach people before it can have a market. Sending it to a list of wallets is a multisend. Sending it to everyone who held another token, or met some other condition, at a given moment is an airdrop, built from a holder snapshot of that other token.
- Add liquidity. To be tradable, a token needs a market. Someone deposits it alongside SOL or a stablecoin so a price can form and people can buy and sell. Bonding-curve launchpads (pump.fun, Raydium LaunchLab, Meteora DBC) do this for memecoins: they run the curve and move the token into a full AMM pool when it graduates. Most tokens stall at this step, which is where the sub-2% figure comes from. A token that skips the curve needs its own pool. Add Liquidity opens one on Raydium CPMM or Meteora DAMM v2, or deposits into one that already exists.
- Manage authorities. Every SPL and Token-2022 mint has a mint authority, which can create more supply, and a freeze authority, which can lock any holder's account. Creators often keep both at first to fix mistakes. A token that still has them once it's trading is a red flag, and a live mint or freeze authority is one of the first things scams rely on. Revoking them costs very little and does a lot for a project's credibility.
Where Solstack fits
Solstack is a set of tools for that whole lifecycle: create, launch, add liquidity, airdrop, multisend, snapshot holders, revoke authorities, lock, inspect and reclaim rent. Your keys stay in your own wallet. Solstack builds the transaction, your wallet signs it, and nothing here sees, stores or has access to your private key.
Two kinds of tool work differently. Multisender and Airdrop take one approval from your wallet and finish the send on Solstack's server, using a key made for that send that can only move what the send needs. The Grid Trading Bot and DLMM Liquidity Bot trade from a wallet of their own. You fund it once, and Solstack's server holds its key until you stop the bot.
What has shipped since
When this post went up in September 2026, Solstack covered the first half of the lifecycle: creating and managing a token properly, from the mint through to cleanup. The second half has shipped since then. Launchers for pump.fun, letsbonk.fun, Meteora DBC and StonkFun put your first buy in the same transaction as the launch. Add Liquidity and Remove Liquidity work across Raydium, Meteora, Orca and PumpSwap, and the two bots keep trading or providing liquidity without you watching them. The Token Inspector scores any mint from 0 to 100 before you buy. The token and LP lockers run on devnet while their program waits for review. The tools page lists everything.
To start, open the SPL Token Creator. Connect a wallet, fill in the details, and you can revoke mint and freeze authority in the same flow.