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<p>Bonfida’s infrastructure contributions and developer talent have made it a highly respected name within the Solana ecosystem.<a href="https://twitter.com/UniverseCrypto7/status/1735219722591887474?t=DqmZab6eE-j9b7z-YBlL5A&amp;s=19" target="_blank" rel="nofollow"> Crypto analyst UniverseCrypto7</a> notes recent price action has played out as expected, saying “Fida is moving as expected. After it’s successful breakout from falling wedge Fida has now almost achieved 80% of its Targets. Still more Pumps are expected.”</p> 
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<p><strong>Bonfida’s Recent 30% Price Spike</strong></p> 
<p>FIDA has spiked 30% this week as it continued its upwards trajectory after breaking out of a falling wedge pattern many weeks ago. The growing use case and adoption of Bonfida’s infrastructure products could be fueling this rising price rise.</p>  
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<p><strong>Why Analysts See More Upside</strong></p> 
<p>With Bonfida achieving most of its upside price targets post-breakout, analysts remain bullish on further FIDA pumps. As a top Solana infrastructure builder, Bonfida stands to gain enormously from Solana’s booming growth.</p> 
<p>UniverseCrypto7, who accurately called the breakout, said: “Fida has now almost achieved 80% of its Targets. Still more Pumps are expected.”</p> 
<p>It remains to be seen how much higher this rally goes. But Bonfida’s infrastructure is crucial for improving Solana usability. Analysts say with adoption surging, more pumps make sense. The products powering Solana’s growth could take FIDA price higher still.</p> 
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<p>The post <a href="https://captainaltcoin.com/why-is-bonfida-fida-price-pumping-analysts-who-called-the-trend-say-more-pumps-are-expected/">Why Is Bonfida (FIDA) Price Pumping? Analysts Who Called The Trend Say ‘More Pumps Are Expected’</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Why Is Bonfida (FIDA) Price Pumping? Analysts Who Called The Trend Say ‘More Pumps Are Expected’

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