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Ethereum Name Service Price

(ens)

USD($)

$5.54
0.00%(5m)

1m5m15m1h8h1d1W
Ethereum Name Service (ENS) Live Price Chart

    Ethereum Name Service Live Price Data

    The live price of Ethereum Name Service is $5.54, with a total trading volume of $ 41,897 in the last 24 hours. The price of Ethereum Name Service changed by +0.63% in the past day, and its USD value has decreased by -3.16% over the last week. With a circulating supply of 42,032,544 ens, the market cap of Ethereum Name Service is currently 233.45M USD, marking a +0.63% increase today. Ethereum Name Service currently ranks #118 in market cap.

    How do you feel about ens today?

    Note: This data is for reference only.
    pk

    ens(ens) Profile

    altRank118
    rateBBB
    Expand
    $5.47
    $5.64
    ATH
    $85.67
    Price Change (1h)
    +0.21%
    Price Change (24h)
    +0.63%
    Price Change (7d)
    -3.16%
    Market Cap
    24h Volume
    Circulating Supply
    42,032,544
    Max Supply
    100,000,000

    About Ethereum Name Service

    • What Is Ethereum Name Service (ENS) Crypto?

      The Ethereum Name Service (ENS) is a decentralized system that links human-readable names, like "example.eth," to machine-readable identifiers, such as Ethereum addresses. This makes it easier for users to interact with the Ethereum blockchain by using simple names instead of long, complicated addresses.

      ENS works similarly to the Internet's Domain Name System (DNS) but is built on the Ethereum blockchain. It does not aim to replace DNS but to work alongside it, providing a secure and decentralized way to manage domain names and crypto addresses.

      Using ENS, you can register a domain name for a small fee plus Ethereum transaction costs. These domains can be used to receive ETH and ERC20 tokens, making transactions simpler and reducing the risk of errors.

      ENS is managed by a decentralized autonomous organization (DAO), which uses the ENS governance token for decision-making. Token holders can submit proposals and vote on the future development of the protocol​.

    • How Does Ethereum Name Service Work?

      The Ethereum Name Service (ENS) simplifies the use of Ethereum addresses by turning long, complex addresses into easy-to-remember names like "yourname.eth". This system works through two main smart contracts on the Ethereum blockchain: the registry and the resolver.

      1. Registry: This smart contract keeps track of all the registered domains and stores information about each domain's owner, resolver, and caching time.
      2. Resolver: This smart contract translates human-readable names into machine-readable Ethereum addresses and vice versa.

      To get an ENS domain, you visit the ENS app, search for an available name, and register it by confirming two transactions from your Ethereum wallet. Once registered, you can link your domain to your crypto wallets, websites, or create subdomains.

      ENS domains can be bought, sold, and even used as collateral for loans. This system makes interacting with the Ethereum blockchain more user-friendly and reduces errors associated with copying and pasting long addresses​.

    • History of Ethereum Name Service and ENS Coin

      The Ethereum Name Service (ENS) was founded by Nick Johnson, a former software engineer at Google, who later joined the Ethereum Foundation. Johnson started developing ENS while working on decentralized data storage with Swarm at the Ethereum Foundation. He was inspired to create a system that could make complex Ethereum addresses more accessible and user-friendly.

      ENS launched on May 4, 2017. It aims to function like the Domain Name System (DNS) for the Ethereum blockchain, translating long, complex Ethereum addresses into simple, human-readable names such as "yourname.eth." This makes it easier to send and receive cryptocurrencies without the risk of errors.

      The ENS roadmap includes several significant updates:

      1. Layer 2 Interoperability: ENS plans to integrate with Layer 2 solutions like Arbitrum and Optimism to improve scalability and reduce costs.
      2. Gasless DNS Integration: Users will be able to register DNS names on the ENS system without transaction fees.
      3. Expansion and Adoption: ENS aims to make its domains the standard for decentralized digital identity in Web3, enhancing user experience and accessibility.
    • How to Use ENS Token

      The ENS token is primarily used for governance within the ENS protocol. Here are the key uses:

      1. Governance: ENS token holders can participate in the decision-making process of the ENS DAO. You can vote on proposals that influence ENS protocol’s development and management, such as changes in pricing or technical upgrades​.
      2. Delegation: You can delegate your voting power to a representative who can vote on your behalf, ensuring that your interests are represented even if you don't vote directly on every proposal​.
      3. Funding Proposals: ENS tokens are used to fund proposals that benefit the ENS ecosystem, including grants and other initiatives to improve the service​.
      4. Community Treasury: The ENS DAO manages a community treasury funded by the ENS tokens. This treasury supports various projects and initiatives proposed and voted on by the community​.
      5. Trade ENS on KuCoin: Trade Ethereum Name Service tokens against other listed cryptos on the KuCoin Spot Market after you do your own research (DYOR). Buy, sell, or HODL $ENS based on your investment goals and risk tolerance.
    • What Is Ethereum Name Service Tokenomics?

      The total supply of ENS is fixed at 100 million tokens. The ENS token distribution is as follows:

      • DAO Community Treasury: 50% (50 million tokens).
      • Airdrop to .ETH holders: 25% (25 million tokens).
      • Contributors: 25% (25 million tokens), which includes core contributors (18.96%), select integrations (2.5%), future contributors (1.25%), external contributors (1.29%), launch advisors (0.58%), keyholders (0.25%), active Discord users (0.125%), and translators (0.05%).

      The initial token launch was on November 8, 2021. The full supply of ENS tokens is expected to be unlocked by December 2025.

      Ethereum Name Service Vesting Schedule

      • 5% of the DAO treasury tokens were unlocked at launch, with the remaining 45% vesting linearly over four years.
      • For contributors, 5.47% were unlocked at launch, with additional amounts unlocking after a 6-month cliff, followed by linear vesting over the next 2.5 years​

    FAQ

    How much is 1 Ethereum Name Service (ENS) worth?
    KuCoin provides real-time USD price updates for Ethereum Name Service (ENS). Ethereum Name Service price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time ENS to USD exchange rates.
    Is Ethereum Name Service (ENS) a Good Investment?

    Investing in ENS provides you with a robust, secure, and decentralized naming service that simplifies interactions with the Ethereum blockchain and offers significant long-term potential​:

    1. Simplifies Crypto Transactions: ENS allows you to replace complex Ethereum addresses with easy-to-remember names like "yourname.eth." This reduces errors when sending or receiving crypto​.
    2. Enhanced Security: ENS domains are secured by the Ethereum blockchain, making them resistant to hacking and censorship. This is an improvement over traditional DNS, which can be more vulnerable​.
    3. Decentralization: ENS operates on a decentralized system, ensuring that no single entity has control over the domain names. This enhances the transparency and reliability of the service​.
    4. Community Governance: As an ENS token holder, you can participate in the governance of the ENS DAO. This means you have a say in important decisions about the future of the ENS protocol​.
    5. Versatile Use Cases: ENS can be used for more than just crypto transactions. You can host decentralized websites, create subdomains, and manage your digital identity across various platforms​.
    6. Growing Adoption: ENS is increasingly being integrated into various blockchain protocols and services, enhancing its utility and potential for future growth​.
    What Is Ethereum Name Service Price Prediction?

    These factors collectively shape the market dynamics of ENS, affecting the ENS price prediction in the short and long term:

    1. Market Demand and Supply of ENS Tokens: Like most cryptocurrencies, the ENS token price is affected by the balance between demand and supply. Higher demand and limited supply can drive the ENS crypto price up, while lower demand or increased supply can push the ENS to USD price down​.
    2. Utility and Adoption of Ethereum Name Service Protocol: The usefulness of ENS in the blockchain ecosystem, such as its ability to simplify transactions by converting complex Ethereum addresses into easy-to-remember names, plays a significant role in influencing the $ENS price. Increased adoption of ENS for transactions, decentralized websites, and digital identity management can boost its value​.
    3. Governance and Community Involvement: ENS tokens are used for governance within the ENS DAO. Active participation by the community in governance decisions can positively impact the Ethereum Name Service price. Decisions on protocol upgrades and funding, for example, are made through community votes, which can influence investor confidence​.
    4. Market Sentiment and Speculation: Investor sentiment and market speculation can lead to price fluctuations. Positive news, endorsements from influential figures, or broader market trends can drive up the ENS crypto price, while negative news or market downturns can lead to declines​.
    5. Ethereum Name Service’s Partnerships and Integrations: Strategic partnerships and integrations with other platforms and services can enhance the utility and visibility of ENS, thereby increasing its demand and price. Collaborations with major wallets and exchanges also contribute to its market presence​.
    6. Technical Developments: Advances in the underlying technology and successful implementation of new features or updates can improve the functionality of ENS, attracting more users and investors, which can positively influence the ENS coin price.
    How Much Does It Cost to Get an ENS Domain?

    To obtain an Ethereum Name Service (ENS) domain, you must consider both the initial registration cost and ongoing renewal fees. Here’s a breakdown of the costs involved:

    • Registration Fee: The cost to register an ENS domain is generally based on the length of the domain name:
      • 5+ characters: $5 per year
      • 4 characters: $160 per year
      • 3 characters: $640 per year
      • These fees are payable in Ethereum (ETH) and cover the basic cost of securing the domain name.
    • Gas Fees: In addition to the registration fee, you need to pay gas fees for the Ethereum network transactions. These fees can vary based on network congestion and the complexity of the transaction.
    • Auction Costs for Premium Names: For popular or shorter names, there may be an auction process where you bid for the desired domain. The highest bidder wins, and the bid amount becomes part of the registration cost.
    • Annual Renewal Fees: After the initial registration period, you must pay an annual renewal fee to maintain ownership of your ENS domain. The renewal fee is the same as the initial registration fee for your domain length category.

    To register an ENS domain, you can use wallets like MetaMask or MyEtherWallet to facilitate the process. Ensure you have enough ETH to cover both the registration and gas fees.

    How to Get an Ethereum Name Service Domain

    To get an Ethereum Name Service (ENS) domain, follow these simplified steps:

    1. Get a Compatible Wallet: Ensure you have a non-custodial Ethereum wallet that supports ENS, such as MetaMask or MyEtherWallet. This wallet will link to your ENS domain.
    2. Acquire Ethereum (ETH): You need ETH in your wallet to pay for the registration and transaction fees (gas fees).
    3. Visit the ENS App: Go to app.ens.domains and connect your wallet by following the on-screen instructions.
    4. Search for a Domain: Use the search bar to find an available domain name. If the desired name is available, select it.
    5. Register the Domain: Choose the registration period (typically at least one year). The cost depends on the length of the name. Pay the registration fee and any associated gas fees.
    6. Set the Resolver: Once registered, set the resolver to link your ENS name to your Ethereum address. This allows dApps to recognize and use your ENS name.
    7. Complete Registration: Confirm the registration and ensure it is recorded on the Ethereum blockchain.
    Difference Between Ethereum Name Service (ENS) and Domain Name Service (DNS)

    The Ethereum Name Service (ENS) and Domain Name Service (DNS) serve similar purposes but operate in different environments and have distinct characteristics.

    Key Differences Between ENS and DNS

    1. Underlying Technology

    • ENS: Operates on the Ethereum blockchain. It uses smart contracts to map human-readable names (like "yourname.eth") to Ethereum addresses or other resources. ENS leverages blockchain’s decentralized and immutable nature, enhancing security and resistance to censorship​.
    • DNS: Operates on a centralized network of servers. It translates human-readable domain names (like "example.com") to IP addresses, enabling web browsing. DNS is vulnerable to attacks and censorship due to its centralized nature​.

    2. Decentralization

    • ENS: Fully decentralized, with no central authority controlling the naming system. This decentralization makes ENS domains resistant to censorship and unauthorized changes​.
    • DNS: Centralized control by organizations like ICANN (Internet Corporation for Assigned Names and Numbers). This centralization can lead to potential censorship and control issues​.

    3. Immutability

    • ENS: Records on the ENS are immutable once written to the blockchain, ensuring they cannot be altered or tampered with. This provides a higher level of trust and security​.
    • DNS: Records can be changed by the managing authorities, which can lead to potential security risks and manipulations​.

    4. Use Cases

    • ENS: Primarily used for simplifying cryptocurrency transactions by replacing long Ethereum addresses with easy-to-remember names. It can also be used for hosting decentralized websites, creating decentralized identities, and more​.
    • DNS: Used for accessing websites on the traditional internet by converting domain names into IP addresses. It supports a wide range of online services and applications​.

    5. Registration and Renewal

    • ENS: Domains are registered on the Ethereum blockchain and require Ethereum (ETH) for registration and renewal fees. The cost can vary based on the length of the domain name and current gas fees on the Ethereum network​.
    • DNS: Domains are registered through various domain registrars and can be paid for using traditional payment methods like credit cards. Fees vary by registrar and domain popularity​.
    What is the all-time high price of Ethereum Name Service (ENS)?

    The all-time high price of Ethereum Name Service (ENS) is $85.67. The current price of ENS is down 93.53% from its all-time high.

    What is the all-time low price of Ethereum Name Service (ENS)?

    The all-time low price of Ethereum Name Service (ENS) is $3.77. The current price of ENS is up 46.74% from its all-time low.

    How much Ethereum Name Service (ENS) is there in circulation?

    As of 8 30, 2026, there is currently 42,032,544 ENS in circulation. ENS has a maximum supply of 100,000,000.

    How do I store Ethereum Name Service (ENS)?

    You can securely store your Ethereum Name Service in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your ENS include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.