Developing a token on Solana involves several steps. First, you'll need a Solana wallet and set up your development environment. Then, you define the token's characteristics in a smart contract using Solana's programming language. Tools like the Solana CLI or online platforms can help deploy this contract onto the blockchain. Finally, you'll mint (create) the tokens according to your smart contract's rules. Remember, there are different resources available depending on whether you want a beginner-friendly, code-free approach or want to write the code yourself.