Slow and steady ENS, could it win the August-end race
The buzz around the Ethereum Name Service (ENS) has witnessed ups and downs within the crypto community in 2022. April-May saw a surge in the demand for 3- and 4-digit ENS domain names. But can August reciprocate the same narrative?
The popularity and buzz around ENS domains witnessed all kinds of traction across the market. Google Trends data for the search term “ENS Domain Name” revealed a gradual decline in the interest of internet users in that topic since the beginning of May.
Source: Google Trends
Although, the popularity took a hit, but didn’t quite stop the platform’s performance at press time.
Consider this- ENS showed signs of recovering as the platform surpassed a major milestone oftwo million registered domains. Indeed, a massive rise just within four months. This means that the ENS price gained 90%+ after the protocol surpassed one million registered domain names in April.
<p lang=«en» dir=«ltr» xml:lang=«en»>2m ENS names created!!! Read more on ambcrypto.com
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