Solana Name Service (FIDA) – Airdrop

An airdrop often brings a lot of attention to a token. For Solana Name Service, this event could mean higher trading levels as more people receive free tokens and may choose to sell or hold. There is usually more talk and social media activity during an airdrop, bringing in new users and investors. It can cause price volatility—sometimes prices go up due to excitement, or down if many sell at once. Still, as this happens close to ‘Solana Summer,’ there may be extra interest and positive price impact. source