⇑ Ethereum Name Service (ENS): The Next Giant in Crypto Market
Ethereum Name Service (ENS) , a decentralized naming system built on Ethereum, has been gaining tremendous momentum in the cryptocurrency market....
Payment processors PayPal and Venmo now support the Ethereum Name Service (ENS) domains, greatly simplifying crypto transfers. Meanwhile, ENS Coin has seen a dramatic rise, becoming the top monthly gainer, primarily due to its integration with PayPal and Venmo along with its potential new upgrades. ENS has also unveiled v2 of its system, dramatically altering the decentralized naming market.
Profiles like Vitalik Buterin have publicly commended the platform. ENS aims to boost its efficiency further by building its own layer 2. This action by ENS is observed as a highly promising move towards neutrality in the name registration space. Furthermore, ENS data featured in Google search results, expanding its reach and visibility significantly.
The ENS token showed consistent gains, mainly attributed to the Vitalik Buterin's endorsement and major listing announcements. And with recent partnerships with the likes of GoDaddy, ENS is making strides in connecting domain names with crypto wallets. This merger not only boosted the ENS price, but also significantly improved the user-friendly appeal of web domains. In addition, the ENS coin continues to perform well despite the bearish market conditions, hinting a healthy market sentiment towards it.
ENS Coin News Analytics from Tue, 02 Nov 2021 12:26:19 GMT to Wed, 11 Sep 2024 18:05:15 GMT - Rating 8 - Innovation 5 - Information 9 - Rumor -2