Ethereum Name Service (ENS) continues to take the cryptocurrency market by storm, setting
major 7-day gains, achieving significant price increases, anticipation building for
ENSv2 upgrade and remarkable market growth. In a noteworthy turn of events, ENS data via
Etherscan is now visible in Google search results, further boosting its visibility and credibility within the market sector. Other key developments include major listings for ENS, partnerships such as with
GoDaddy, and receiving high praises from esteemed figures such as
Vitalik Buterin - all of which have propelled the coin's price and reputation. However, the impact of potentially unlocking $38M worth of tokens on ENS' price chart, amidst increased speculation and a
rebranding launch, remain to be seen.The ENS also rolled out its
ENSv2, a promising measure to revolutionize decentralized naming. This coincides with their aim to reduce gas fees and raise speed via a Layer-2 migration. The ENS and
Dentity are concurrently working on connecting real-world identities to the Web2 and Web3 framework. Recent controversies, including a
community split on a petition against Unstoppable Domains, have surfaced, paired with other notable events like Ethereum ETF adopting ENS for transparency and a
partnership with Gnosis Pay, showcasing the dynamicity of the ENS space. Lastly, mention should be made of Vitalik Buterin's recent actions of trading $100K worth of ETH for stablecoins via his ENS address, amidst the market uptick, and a looming threat posed by ENS wallet impersonation scams.
ENS Coin News Analytics from Tue, 02 Nov 2021 12:26:19 GMT to Wed, 21 Aug 2024 07:00:00 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -2
