Ethereum Name Service Domains Surpass 1 Million Registered Names – Bitcoin News

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Ethereum Name Service Domains Surpass 1 Million Registered Names – Bitcoin News
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EthereumNameService or ENS surpassed a million created names this week, according to statistics from the crypto metrics dashboard Dune Analytics.

Source: ultrasound.money

This week, Dune Analytics metrics indicate that there are seven ENS name whales with over 1,000 names owned each. The ENS domain hires.eth has 1,514 and is the top ENS whale today, while nja.eth holds 1,444 names. The other ENS whales include goodnames.eth , misterens.eth , metax.eth , ensinvestor.eth , and ags.eth .

While there’s been 1,063,982 names created using ENS, there are 917,685 .eth names and 141,443 subdomains. The one million ENS names are split up between 393,894 unique ethereum addresses. While ENS also runs the blockchain-based domain service, the project further has a native token called ENS. ENS users, prior to a specific date, were airdropped ENS tokens and the coin is used for the project’s governance system.

Since ENS has seen significant demand in recent times, the web portal ultrasound.money indicates that ENS is the top ethereum burner during the last 24 hours. 1,270 ether was burned by ENS transactions being processed, which equates to $3.6 million worth of at the time of writing. Two-week crypto market metrics further show the project’s native token ENS is up 80% against the U.S. dollar.

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