FIDA Token Surges 18% After Rebranding to Solana Name Service, Trading Volume Hits $8.43M

FIDAUSDT has experienced a significant price increase of 18.44% over the past 24 hours, with the current price at 0.1156 USDT and a 24-hour opening price of 0.0976 USDT, according to Binance. The primary driver behind this surge appears to be the recent official rebranding of Bonfida (FIDA) to Solana Name Service (SNS) on June 25, 2025, which has enhanced its visibility and solidified its role within the Solana ecosystem. This strategic move, combined with heightened trading activity and bullish sentiment among traders, has contributed to the strong upward momentum. Trading volumes have also risen sharply, with Binance reporting over 8.43 million USDT in 24-hour volume, reflecting increased market interest. Overall, FIDAUSDT is showing robust performance, supported by both positive market sentiment and recent developments in its ecosystem.