Solana is reported to have officially unveiled 13 token extensions as part of the SPL token evolution.
So far, all transfers are available for use except the confidential transfers that is expected to be available by February 2024.
According to reports, Solana (SOL) has introduced new token extensions in a groundbreaking move that could provide enhanced functionality to the ecosystem. It is reported that the initiative is part of the SPL token evolution and could be a representation of a groundbreaking development similar to Ethereum’s (ETH) ERC-20 token standard. On January 24, 2024, 13 token extensions were unveiled.
The network is expected to adopt version 1.17 by February 2024 and could pave the way for confidential transfers to be available. Apart from this, all other transfers are currently available for use.
In total, the 13 token extensions include Confidential Transfers, Transfer Fees, Transfer Hooks, Permanent Delegate Authority, Metadata, Metadata Pointer, Default Acc
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