Cryptocurrency News
Ethereum Name Service registrations surge by 200% amid lower gas fees
2022.07.07 02:20
Ethereum Name Service registrations surge by 200% amid lower gas fees
Ethereum domains showed an increase in demand as Ethereum Name Service (ENS) registration totaled 126,141 registrations in just one week.
The ENS Dashboard, a data tracker created by developer Nick Johnson, shows that registrations went from 11,042 to 29,727, increasing over 200% during the weekend. This happened amid the second-largest .eth domain sale when “000.eth” was bought on Sunday at 300 Ether (ETH), which was worth around $320,000 at the time of sale.