🚀 FIDA Nears ~$0.11 as Solana Name Services Gain Ground
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🔹 Quick Stats (Aug 2025)
Price: ~$0.1095 (range: $0.1064–$0.1187)
Market Cap: ~$108 million (circulating ~991 million of 1 billion max)
Supply: ~990.9 M / 1 B FIDA total
Volume: ~$17.8 million (24 h)
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🔧 What It Is
FIDA is the native token for Solana Name Service (formerly Bonfida)—used to govern and access tools like Serum DEX UI, data APIs, NFT marketplace, decentralized naming, and analytics on Solana.
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📈 Highlights
Governance & utility: FIDA holders vote on platform direction and use tokens to access APIs, UI features, NFT services, and naming functionality.
Fully unlocked supply: Nearly all 1B tokens are circulating—minimizing inflation risk from token unlocks.
Rebranded with renewed purpose: Transitioned to Solana Name Service (SNS), growing its real-world utility in naming, DEX tools, and Web3 identity infrastructure.
> Disclaimer: For educational use only—not financial advice.
