Introduction
ENS is an Ethereum token that manages the Ethereum Name Service, a protocol for human-readable crypto addresses and decentralized environment names. ENS will be used to offer and vote for transformations to the protocol.
What Is Ethereum Name Service (ENS)?
ENS is a circulated, open, and extensible naming system founded on the Ethereum blockchain. ENS alters human-readable Ethereum addresses like john. Eth into the machine-readable alphanumeric regulations you know from wallets like Metamask. The reverse transformation can also associate metadata and machine-readable addresses with human-readable Ethereum addresses.
ENS aims to create an Ethereum-based web that is more comfortable to access and understand for humans – equal to how the Internet’s Domain Name Service makes the internet more affordable. Like DNS, ENS also operates a system of dot-separated hierarchical names called domains, with domain owners fully controlling their subdomains.
ENS was established with a highly successful retroactive airdrop in November 2021 that rewarded users who had registered addresses before the project designated it’s token. However, in February 2022, it met criticism over apparently homophobic tweets by its head of processes.
History of Ethereum Name Service
ENS was formed at the Ethereum Foundation in early 2017. Later, ENS turned off a different organization in 2018. The Singaporean nonprofit True Names Ltd drives ENS development.
Nick Johnson is the founder as well as the lead developer of ENS. He also served as a software engineer in several companies like Ethereum, Google, Lumi, spider.io, smart sparrow, Telogis, Haydrian corporation, and Niche Software Ltd. Johnson is a computer science graduate from the University of Canterbury.
Where Can You Buy Ethereum Name Service (ENS)?
If you want to know where to buy ENS at the current rate, the top cryptocurrency exchanges for trading in ENS stock are Binance, Deepcoin, By bit, BingX, and OKX.
Ethereum Name Service (ENS) Live Price, Market Cap, Volume, Supply.
Please enter CoinGecko Free Api Key to get this plugin works.Ethereum Name Service (ENS) price prediction 2023-2033.
| Years | Avg Price | Lowest Price | Highest Price |
|---|---|---|---|
| 2023 | $23.00 | $18.40 | $27.60 |
| 2024 | $30.13 | $24.10 | $36.16 |
| 2025 | $39.47 | $31.58 | $47.37 |
| 2026 | $51.71 | $41.37 | $62.05 |
| 2027 | $67.74 | $54.19 | $81.28 |
| 2028 | $88.74 | $70.99 | $106.48 |
| 2029 | $116.24 | $92.99 | $139.49 |
| 2030 | $152.28 | $121.82 | $182.74 |
| 2031 | $199.49 | $159.59 | $239.38 |
| 2032 | $261.33 | $209.06 | $313.59 |
| 2033 | $342.34 | $273.87 | $410.81 |
Ethereum Name Service price prediction 2023
According to our analysis, ENS’s price for 2023 should range between $18.40 to $27.60, and the average price of ENS should be around $23.00.
Ethereum Name Service price prediction 2024
According to our analysis, ENS’s price for 2024 should range between $24.10 to $36.16, and the average price of ENS should be around $30.13.
Ethereum Name Service price prediction 2025
According to our analysis, ENS’s price for 2025 should range between $31.58 to $47.37, and the average price of ENS should be around $39.47.
Ethereum Name Service price prediction 2026
According to our analysis, ENS’s price for 2026 should range between $41.37 to $62.05, and the average price of ENS should be around $51.71.
Ethereum Name Service price prediction 2027
According to our analysis, ENS’s price for 2027 should range between $54.19 to $81.28, and the average price of ENS should be around $67.74.
Ethereum Name Service price prediction 2028
According to our analysis, ENS’s price for 2028 should range between $70.99 to $106.48, and the average price of ENS should be around $88.74.
Ethereum Name Service price prediction 2029
According to our analysis, ENS’s price for 2029 should range between $92.99 to $139.49, and the average price of ENS should be around $116.24.
ENS price prediction 2030
According to our analysis, ENS’s price for 2030 should range between $121.82 to $182.74, and the average price of ENS should be around $152.28.
Ethereum Name Service price prediction 2031
According to our analysis, ENS’s price for 2031 should range between $159.59 to $239.38, and the average price of ENS should be around $199.49.
Ethereum Name Service price prediction 2032
According to our analysis, ENS’s price for 2032 should range between $209.06 to $313.59, and the average price of ENS should be around $261.33.
Ethereum Name Service price prediction 2033
According to our analysis, ENS’s price for 2033 should range between $273.87 to $410.81, and the average price of ENS should be around $342.34.
FAQs
What was the highest price of Ethereum Name Service?
We recorded the highest price for ENS on 11th November 2021, during which ENS hit an All-Time High of $83.40
What is the price of 1 Ethereum Name Service?
The price of 1 Ethereum Name Service, according to the current market rate, is $13.69
How many Ethereum Name Services are there?
The current circulating supply of Ethereum Name Service is 20 million.
How much will Ethereum Name Service be worth in 2033?
According to the Ethereum Name Service Price Prediction model, ENS’s price in 2033 would be $342.34. This price would, however, would range from $410.81 and $273.87
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