SNS Token Launches: 40% Airdrop to Supporters Signals Solana Shift

sns.sol, a prominent project within the Solana ecosystem, has launched its new SNS token, ushering in a significant change from its previous FIDA era. This transition is driven by a desire to better align with Solana’s .sol domain holders and aims for greater community engagement. 40% of the SNS tokens will be allocated as an airdrop to early supporters.   This move signals a shift away from FIDA, which previously served as the backbone of Bonfida’s operations in the Solana ecosystem. The market reacted strongly, with FIDA’s price experiencing a sharp decline following this announcement.