The high-speed on/off valve (HSV) serves as the fundamental component responsible for generating discrete fluids within digital hydraulic systems. As the switching frequency of the HSV increases, the properties of the generated discrete fluid approach those of continuous fluids. Therefore, a higher frequency response characteristic of HSV is the key to ensure the control accuracy of digital hydraulic systems. However, the current research mainly focuses on its dynamic performance, but neglect its FRC. This paper presents a theoretical analysis demonstrating that the FRC of the HSV can be enhanced by minimizing its switching time. The maximum switching frequency (MSF) is mainly determined by opening dynamic performance when HSV operates with low switching duty ratio (SDR), whereas the closing dynamic performance limits the MSF when HSV operates with high SDR. Building upon these findings, the pre-excitation control algorithm (PECA) is proposed to reduce the switching time of the HSV, and consequently enhance its FRC. Experimental results demonstrate that PECA shortens the opening delay time of HSV by 1.12 ms, the closing delay time by 2.54 ms, and the closing moving time by 0.47 ms in comparison to the existing advanced control algorithms. As a result, a larger MSF of 417 Hz and a wider controllable SDR range from 20% to 70% were achieved at a switching frequency of 250 Hz. Thus, the proposed PFCA in this paper has been verified as an effective and promising approach for enhancing the control performance of digital hydraulic systems.