FIDA Token Surges 13% as Trading Volume Soars and Solana DePIN Speculation Grows

FIDAUSDT experienced a notable 13.39% price increase over the past 24 hours, rising from 0.0687 to 0.0779 USDT, supported by a surge in trading volume exceeding 400 million FIDA and $28 million USDT. This price movement is attributed to FIDA breaking above key resistance levels, as confirmed by technical indicators and increased trading activity, alongside continued positive sentiment in the community (79% positive) and speculation regarding potential involvement in Solana’s DePIN initiative following significant on-chain whale transfers. Currently, FIDA is trading at 0.0779 USDT with stable market capitalization and a circulating supply near 990.9 million FIDA, reflecting active but range-bound trading after recovering from recent lows and remaining significantly below its all-time high.