Ethereum Name Service investors must know this about ENS before going long 

Despite the bear market that struck most cryptocurrencies in Q3, ENS managed to keep generating revenue. While witnessing growth in terms of its network and daily activity, the future outlook for ENS seems positive.

Timeline of Ethereum-name-service

After months of disappointing performances in the crypto market, ENS' surge in development activity gave investors a much-needed break. Backing the resurgence, the ENS price also followed with a 9.38% rise to trade at $18.38.

ENS price outshines the market as price shows strength rallying to a high of $20. ENS tops the crypto price as it cracks over 20% gain in less than 24 hours despite the crypto bloodbath.

Cryptocurrencies often offer opportunities for so-called ‘100-baggers' (or 100x) investments. Even more so than traditional finance markets like Wall Street. Of course, these high-performing crypto assets can underlie certain volatility, but ultimately the reward ratio often outweighs the risk.

ENS price continues its bullish structure after a reclaim of the $15 region as the price stays on track to retest major resistance.   ENS trades above key support as price reclaim 8 and 20-day EMA.

Coinbase Global Inc (NASDAQ: COIN) announced Wednesday it would accept Ethereum (CRYPTO: ETH) Name Service domains to be linked to wallets on its platform. What Happened: ENS has become uber-popular among crypto users, specifically users with non-custodial wallets.

ENS, the company backing the .eth domain name, has dragged GoDaddy, a platform that provides domain names to websites, to court. According to the court filing, the lawsuit was necessary as the plaintiff felt that GoDaddy, the defendant breached an agreement that the two parties shook hands on to protect the.

ENS NFT collection has registered a massive surge to leapfrog BAYC as the most sought-after on OpenSea. According to records, it achieved this feat due to the staggering rise of 170% over the last 24 hours.

ENS domain names have significantly grown in popularity. You've probably seen .eth names on Twitter, with more than 100,000 ENS owners now using their domain names in their Twitter profiles.

The buzz around the Ethereum Name Service (ENS) has witnessed ups and downs within the crypto community in 2022. April-May saw a surge in the demand for 3- and 4-digit ENS domain names.

Coinbase‘s Ethereum Name Service (ENS) integration is live, changing wallet usernames to an ENS subdomain of Coinbase IDs. The post Coinbase's ENS integration goes live appeared first on CryptoSlate.