Sales of Ethereum Name Service (ENS) domains have skyrocketed. At current market prices, the base price for a four-digit ENS domain name is around 0.5 ETH, which is over $1,450. Ethereum users rushed to purchase scarce three- and four-digit names. Furthermore, the number of eth. name registrations saw a spike post 21 April.
At the time of writing on 2 May, the top NFT project, ENS gained around a 100% surge in the past 24 hours. In fact, in just a week, it soared to around 4400% as per data on OpenSea.
ENS reached the impressive ‘1M ENS’ names milestone as highlighted in the 2 May tweet.
<p lang=«en» dir=«ltr» xml:lang=«en»>*One Million* ENS names have now been created! Read more on ambcrypto.com