Equity Overview
Price & Market Data
Price: $0.064
Daily Change: +$0.0₃979 / 1.53%
Range: $0.0611 - $0.0642
Market Cap: $63,436,781
Volume: 2,984,853
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.