Solana Infrastructure Project Bonfida Rebrands to SNS

IconCryptoNewsTerminal Staff15 Jul, 2024

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Solana Infrastructure Project Bonfida Rebrands to SNS

Solana-based infrastructure project Bonfida (FIDA) rebrands to SNS. Bonfida operates SNS, the second-largest Solana domain service in the blockchain industry after the Ethereum Name Service (ENS). Bonfida team says this rebranding reflects the company's evolved focus on building a comprehensive suite of tools and services for the Solana ecosystem. The company's core product remains SNS, which allows users to create and manage human-readable names for their Solana addresses. SNS also plans to launch additional products and services, including a decentralized exchange (DEX) and a token launchpad. This rebranding is a significant milestone for the company as it looks to position itself as a leading provider of infrastructure for the Solana ecosystem.