Equity Overview
Price & Market Data
Price: $0.098
Daily Change: -$0.00212 / 2.17%
Daily Range: $0.0949 - $0.103
Market Cap: $97,087,820
Daily Volume: 3,928,038
Details
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​.