FIDA's current market value is only over $40 million. As the exclusive domain name service provider in the Solana ecosystem, its historical performance has reached its peak, with the highest price reaching $107. However, the current price of FIDA has fallen sharply to about $0.36, a level that is regarded as its historical bottom price, in sharp contrast to its previous glory. It is worth noting that FIDA's historical surge is similar to REEF, which has triggered market expectations that it may reproduce similar explosive growth in the future.
In today's market, the top ten tokens in the list of gains generally have market capitalizations of hundreds of millions or even billions of dollars, while FIDA stands out with its relatively low market capitalization. Given its unique position and potential growth potential, market funds are likely to enthusiastically pursue and hype FIDA as they did with REEF before, thereby driving its price up sharply.
