Ethereum Name Service (ENS), a protocol on the Ethereum blockchain, has been garnering significant attention in the cryptocurrency market. Many believe that the prediction of impressive price growth for ENS by 2024 holds potential and is backed by recent notable partnerships and integration. ENS has merged with
PayPal and
Venmo, which have begun to support ENS's simplified blockchain names. This integration is seen as a move that could boost mainstream crypto adoption materially. ENS has reportedly become a top gainer over the past month, and its growth is expected to continue given the proactive support and positive comments from influential figures like Vitalik Buterin.
ENS's data from Etherscan is now visible on Google, enhancing its global visibility. Furthermore,
ENS Labs and Dentity are making strides in bridging Web2 and Web3 by bringing real-world identities on-chain, and there are plans afoot for ENS to build its layer 2 to minimize gas fees and boost speed.Amid this positive scenario, the
ENS token also registered impressive growth, gaining by 50% after praise from Buterin. The token's price has reportedly shot up as much as 70% in a short span, defying market trends. Future prospects appear bright, as
ENSv2, a revolutionary upgrade to decentralized naming, is under anticipation. The token has also been listed by several exchanges, helping increase its liquidity and accessibility.In a significant move, the
Ethereum Name Service has become fully decentralized, with DAO taking control. Other notable developments include a partnership with web registry
GoDaddy and the revelation of timely grant interventions by Buterin. ENS continues to make meaningful strides in crypto tech, with growing recognition from leaders in the field and positive market reception.
ENS Coin News Analytics from Wed, 26 Feb 2020 08:00:00 GMT to Wed, 18 Sep 2024 07:00:00 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 5
