FIDA Token Surges 27% as Bonfida Rebrands to Solana Name Service and Trading Volume Soars

FIDAUSDT has experienced a notable price increase of 27.64% over the past 24 hours, with the current price at 0.1256 USDT according to Binance data. The primary drivers behind this surge include Bonfida's official rebranding to Solana Name Service (SNS), which has enhanced the project's visibility and positioned it as a key infrastructure provider for on-chain identities within the Solana ecosystem. Additional momentum has been generated by announcements of upcoming FIDA perpetual futures listings on major exchanges such as LBank and MEXC, as well as strong bullish sentiment observed across social media and market analysis platforms.

In the latest 24-hour period, FIDAUSDT recorded a trading volume exceeding 100 million FIDA and 61 million USDT equivalent, with market capitalization estimates ranging from $93.98 million to $116.6 million and a circulating supply of approximately 990.91 million tokens. The token remains well below its all-time high but has shown significant recovery from its historical lows, reflecting renewed market interest and increased trading activity.