Ethereum Name Service (ENS) Overview
The Ethereum Name Service (ENS) continues to be a significant player in the cryptocurrency market, with its latest close price recorded at $18.3772 on April 24, 2025. ENS, a decentralized domain name system built on the Ethereum blockchain, allows users to convert human-readable names like “alice.eth” into machine-readable Ethereum addresses. This service enhances user experience by simplifying interactions with the Ethereum network.
Market Performance
ENS has experienced notable fluctuations over the past year. Its 52-week high was $46.7643 on November 29, 2024, while the 52-week low was $12.0607 on April 8, 2025. These variations reflect the dynamic nature of the cryptocurrency market and the factors influencing investor sentiment and market dynamics.
Market Capitalization
As of the latest data, ENS holds a market capitalization of approximately $656,245,279.97. This valuation underscores its position within the broader cryptocurrency ecosystem and highlights its relevance to investors and users seeking decentralized solutions.
Conclusion
The Ethereum Name Service remains a vital component of the Ethereum ecosystem, offering a user-friendly interface for blockchain interactions. Its market performance and valuation continue to attract attention from both investors and users, emphasizing its role in the ongoing evolution of decentralized technologies.