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Ethereum

ENS Address Registrations Hit New Highs In September

September 30, 2022 - Around 2 mins mins to read
According to Dune Analytics, a crypto monitoring site, the number of newly-registered Ethereum Name Service (ENS) addresses in September hit a monthly all-time high of 427,325 at the time of writing, despite overall NFT trade volume decreasing 97% from January when sales peaked.
ENS Address Registrations Hit New Highs In September

According to Dune Analytics statistics, a total of 2.598 million ENS addresses have been established as of Friday at 3 p.m. UTC.

Ethereum Name Service is a protocol that converts long address strings into readable phrases that finish in “.eth.” The name itself is an NFT that can be exchanged on platforms like as OpenSea.

In September, Ethereum Name Service eclipsed the famous Bored Ape NFT series and ranked top in trade volume on OpenSea.

ENS Address Registrations Hit New Highs In September

Well-known brand names are in high demand. In September, “Toyota.eth” was sold for 20 ETH ($26,556), around the same price as a standard Toyota Camry.

As CoinCu reported, the spikes in sales brought the Ethereum Name Service domain to the top of the OpenSea list of the most popular NFT collectibles.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News

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Author

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.
Ethereum

ENS Address Registrations Hit New Highs In September

According to Dune Analytics, a crypto monitoring site, the number of newly-registered Ethereum Name Service (ENS) addresses in September hit a monthly all-time high of 427,325 at the time of writing, despite overall NFT trade volume decreasing 97% from January when sales peaked.
ENS Address Registrations Hit New Highs In September

According to Dune Analytics statistics, a total of 2.598 million ENS addresses have been established as of Friday at 3 p.m. UTC.

Ethereum Name Service is a protocol that converts long address strings into readable phrases that finish in “.eth.” The name itself is an NFT that can be exchanged on platforms like as OpenSea.

In September, Ethereum Name Service eclipsed the famous Bored Ape NFT series and ranked top in trade volume on OpenSea.

ENS Address Registrations Hit New Highs In September

Well-known brand names are in high demand. In September, “Toyota.eth” was sold for 20 ETH ($26,556), around the same price as a standard Toyota Camry.

As CoinCu reported, the spikes in sales brought the Ethereum Name Service domain to the top of the OpenSea list of the most popular NFT collectibles.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Harold

CoinCu News