$ENS or Ethereum Name Service, is a cryptocurrency that's currently trading at $19.83, with a 10.66% increase in the last 24 hours. Its market cap is $650.25 million.
Key Features:
- Decentralized Domain Names: $ENS enables users to register human-readable domain names for their Ethereum addresses, making it easier to send and receive crypto.
- Web3 Integration: ENS is more than a protocol - it's a commitment to a better web, built for everyone, with seamless integration across the internet.
- True Ownership: Your ENS name is 100% yours, with no intermediaries or bureaucracy, making it your property - uncensored and irrevocable.
Recent Developments:
- Farcaster Integration: ENS usernames are now live on Farcaster.
- ENSv2 Proposal: A proposed upgrade aims to lower gas fees and improve transaction speed by moving to a layer-2 network.
- Partnerships: ENS has partnered with key players like Coinbase Wallet, Rainbow, Brave, GoDaddy, Etherscan, and Uniswap.
Price Predictions:
- Short-term: ENS is predicted to rise by 230.42% and reach $64.23 by June 7, 2025.
- Long-term: ENS price predictions suggest a potential return on investment of 368.72% by June 2025, with average prices ranging from $39.50 to $78.00 in the coming months