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Bonfida Overview
24h High
$0.02
24h Low
$0.02
24h Change
-0.50%
7d Change
+8.79%
30d Change
-25.12%
Volume 24h
$457.68K
Market Cap
$15.49M
Circulating Supply
990.91M FIDA
Bonfida News
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About Bonfida
The Solana Name Service (SNS), formerly known as Bonfida (FIDA), is a decentralized identity platform on the Solana blockchain that allows users to create human-readable domain names ending in .sol, which can map to various on-chain data like Solana addresses and IPFS content. This service simplifies blockchain interactions by replacing complex addresses with easy-to-remember names. The rebrand reflects SNS’s expanded role in the Solana ecosystem, aiming to enhance the user experience in decentralized applications. The $FIDA token is integral to SNS, facilitating domain registration, governance, and community incentives.
The team behind Solana Name Service (SNS) consists of experienced blockchain engineers, cryptocurrency analysts, and developers, many of whom were part of the original Bonfida team. With a commitment to long-term growth, the team has expanded its focus from a decentralized naming service to becoming an essential part of the broader Solana ecosystem. This transformation has been driven by feedback from the community, investors, and partners. The project was initially launched with support from the Solana Foundation, and continues to grow through strong backing from institutional partners
The $FIDA token remains the primary utility token of the Solana Name Service (SNS) ecosystem. It is used to pay for domain registrations and renewals within the SNS. Additionally, $FIDA provides discounts on services and supports governance decisions within the SNS platform. It also funds partnerships and expansion efforts by providing grants to developers integrating with SNS. The token plays an important role in the community by rewarding users and contributors, ensuring continued engagement and growth.
Bonfida Markets
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Bonfida Platforms
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Bonfida Market Data
The live Bonfida price today is $0.02 USD with a 24-hour trading volume of $457,680.35 USD. We update our FIDA to USD price in real-time. Bonfida is down 0.50% in the last 24 hours.
The current market cap is $15,490,244.63 USD, ranking #573 by market capitalization. The circulating supply is 990,910,879 FIDA.