Ethereum Name Service User Count Reaches All-Time High

According to new data shared by Ethereum Name Service (ENS), the number of ENS users reached an all-time high with the increase in July.

From the official Twitter account of the Ethereum Name Service (ENS) shared datain July 378,000 new users Indicates that you are using the service. With this last increase, the number of addresses created by users over 1.8 million. Ethereum (ETH) update expected in September The MergeIt has been suggested that ‘ is the most critical reason for this increase. 48k new Ethereum wallets The statement stating that it has started to use the domain name service gives signals that the increasing interest will continue.

In the shared post, from the number of domains reaching historical peaks income earned 8.8 million dollar (approximately 5400 Ethereum). Khori Whittaker, a senior officer of ENS company, made the following statements in an interview with Decrypt:

ENS supporters have an extremely active and passionate ecosystem and continue to form subcommunities organically. They make communities aware of what is possible with ENS domains.

Another important factor, according to Whittaker, is the Ethereum network. lower transaction fees and users at much cheaper prices The fact that they can get domain names increases demand. In addition, the growing network is not only supported by English-speaking communities, but especially by Spanish and Arabic He also stated that it has begun to be adopted by the speaking communities.

ENS instead of long wallet addresses of users themselves creating unique and creative names It allows them to transfer money and be used as a long-term investment tool, as in the “.com” domain name.

In the last 30-day period An increase of nearly 72% living ENS, at the time of writing from $15.3 is being traded. While it is close to the current resistance levels of the crypto money, which is in an uptrend, it is also close to the current resistance. got a good response looks like. In closings above $15.6, ENS is higher. will target is being considered.

Ranking by CoinMarketCap 111th most valuable cryptocurrency Ethereum Name Service, which is listed as an all-time high 82% below $85 is being traded.


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