Bonfida price has been in a consolidation phase in the past few days as investors worry about the crypto industry.

Bonfida price has defied gravity in the past few days. FIDA jumped to a high of $0.870, which was the highest level since May this year.

Leading blockchain players have launched the Web3 Domain Alliance to combat fraud and naming collisions and promote technological advancement and user experience of the next generation of web3 domains, according to a press release on November 2, 2022.

Bonfida (FIDA), a product that creates a user interface, API, and data analytics for the Serum DEX, contributes to the development of new standards in the implementation of a community-centric approach.