Bonfida
(FIDA)$ 0.21
2.4 % (24H)Bonfida Data
Price Range (24H)
Lowest
$ 0.21
Highest
$ 0.22
ATH
$ 1.43
Price Change (24h)
2.4 %
Price Change (7d)
0 %
Market Cap
$ 217,304,000
24h Volume
$ 2,381,240
Circulating Supply
990,912,000
Max Supply
-1
Bonfida Overview
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.