city Santiment city Santimenton Ethereum Platform CoinMarketCap Santiment city Santiment city Santimenton

Did ENS domain name in July see impeccable numbers

Reading now: 353

Data from Dune Analytics revealed that the leading Ethereum-based domain name service, Ethereum Name Service (ENS), recorded tremendous growth in July.In the last month, the platform saw the registration of 378,804 names.

This was a 67% growth from the 122,327 total names registered in June. Monthly registrations made in July also surpassed the 365,000 monthly registrations logged in May to reach an all-time high.Further, with 48,233 new addresses on the network in July, ENS saw a 47% uptick in new addresses from the 25,283 new addresses the domain name service recorded in June.With significant ecosystem growth, how did the network’s token, ENS, fare in July?Following the bear run that plagued the entire cryptocurrency market in April and June, July ushered in a bullish retracement that saw many crypto assets logging gains.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News