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Associated Token Account Migration
Unlike other blockchains, Solana requires you to create a new address for each token you own. This creates two problems for users:
- 1.Users can have multiple accounts containing tokens, fragmenting user balances.
- 2.Users cannot receive tokens unless they have a token account.
Solana's solution to this is associated token accounts: accounts that are associated with a user's main wallet address. However, some dApps such as Raydium, were created before this solution existed and some token accounts must now be migrated.