The FIDA (Bonfida) token has experienced a significant drop from its all-time high due to changes in the project's role within the Solana network, especially after the focus shifted to the Solana Name Service (SNS), which reduced the use of the token itself. Additionally, it was affected by the overall decline in the crypto market and weak demand. Currently, the project is still technically active, but interest and price are much lower than they were before.
