Ethereum Name Service (ENS) Price Today: Live Chart, Market Trends & Analysis

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Ethereum Name Service (ENS) is revolutionizing how users interact with blockchain addresses by replacing complex hexadecimal strings with human-readable names like yourname.eth. As of the latest update, ENS is trading at $18.84**, with a 24-hour trading volume of **$102,106. The price has declined by -4.34% over the past day but remains up +1.63% over the last week, indicating mixed short-term sentiment amid broader market fluctuations.

With a current circulating supply of 36,493,773 ENS tokens out of a maximum cap of 100,000,000, ENS holds a market capitalization of $687.24 million, ranking it #62 among all cryptocurrencies. Despite a recent pullback from its all-time high, ENS continues to gain traction as a foundational piece of Web3 infrastructure.

👉 Discover how ENS is shaping the future of decentralized identity and domain ownership.

Understanding ENS Price Performance

Recent Price Movement (24H–30D)

The ENS price has shown volatility typical of mid-cap crypto assets:

While the past month has seen a notable correction, the quarterly performance suggests resilience in the face of broader market headwinds. This fluctuation reflects investor sentiment around protocol adoption, NFT trends, and Ethereum ecosystem developments.

All-Time High vs Current Value

ENS reached its all-time high of $85.68 in early 2022 during the peak of the Web3 and NFT boom. As of now, the token is trading 78.02% below that peak, which may present a strategic opportunity for long-term investors focused on decentralized identity and naming systems.

Conversely, ENS has climbed 181.37% from its historical low of $6.69, demonstrating strong recovery potential and sustained demand for blockchain-based domain services.

Core Use Cases Driving ENS Adoption

Simplifying Blockchain Addresses

ENS allows users to replace hard-to-remember wallet addresses (e.g., 0x...) with easy-to-use .eth domains. This improves usability across wallets, exchanges, and dApps.

Decentralized Identity & Web3 Profiles

Beyond payments, .eth domains can function as digital identities—linking social profiles, websites, NFTs, and credentials in a user-owned format.

Domain Expiry & Renewal Model

Unlike traditional domains, ENS domains are rented via annual fees paid in ETH. This creates recurring revenue for the protocol and encourages active participation.

👉 Explore tools to track ENS domain activity and ownership trends in real time.

Where to View ENS Data & Transactions

For transparency and analysis, several blockchain explorers provide real-time insights into ENS token movements and smart contract interactions:

Official resources include:

Smart contract addresses:

Security audits have been conducted by ConsenSys and independent researchers, with reports available via GitHub and public gists—ensuring trustless verification of code integrity.

How to Store ENS Tokens Securely

Storing ENS requires compatible Ethereum wallets due to its ERC-20 standard. Options include:

For active users managing .eth domains, self-custody is recommended to maintain full control over registrations and renewals.

Converting ENS to Fiat: Step-by-Step Guide

To convert ENS into cash:

  1. Transfer your ENS tokens to a supported exchange (like KuCoin).
  2. Sell ENS for USDT, USD, or another stablecoin.
  3. Withdraw funds to your bank account via available fiat gateways.

Always consider tax implications and transaction fees when converting cryptocurrency to fiat currency.

Market Outlook & Future Potential

ENS is positioned at the intersection of decentralized identity, Web3 infrastructure, and digital ownership. As more applications adopt .eth profiles for login systems (similar to “Sign in with Ethereum”), demand for domain registration could increase steadily.

Additionally, community governance through the ENS DAO gives token holders influence over upgrades, pricing models, and treasury allocations—fostering long-term decentralization.

Key Metrics Snapshot

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Frequently Asked Questions (FAQ)

What is Ethereum Name Service (ENS)?

ENS is a decentralized system that translates machine-readable blockchain addresses into human-friendly names like alice.eth, making crypto transactions safer and easier.

How much did ENS cost at its highest point?

ENS reached an all-time high of $85.68 in 2022, driven by surging interest in NFTs and Web3 identity solutions.

Can I make money by buying ENS domains?

Yes—users can register popular names and sell them later at a premium, similar to domain flipping. However, annual renewal fees apply.

Is ENS built on Ethereum?

Yes, ENS primarily operates on the Ethereum blockchain as an ERC-20 token and uses Ethereum smart contracts for domain management.

How do I check my ENS balance?

Use any Ethereum-compatible wallet or blockchain explorer like Etherscan—just enter your wallet address to view your ENS holdings.

Where can I buy ENS tokens?

You can purchase ENS on major exchanges including OKX, KuCoin, and others that support ERC-20 tokens.

👉 Start exploring ENS domain investments and track live prices today.

Final Thoughts: Is Now a Good Time to Invest in ENS?

With ENS trading significantly below its all-time high yet maintaining strong utility in the Web3 space, it presents a compelling case for strategic investment. While short-term price swings are expected, the long-term vision of universal digital identity could drive sustained adoption.

As blockchain usability becomes a priority, protocols like ENS play a critical role in bridging the gap between technical complexity and mainstream accessibility.

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