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The Ethereum Name Service (ENS) is rapidly emerging as a pivotal player within the Ethereum ecosystem, providing users with human-readable addresses for their cryptocurrency transactions. ENS replaces complex Ethereum wallet addresses with user-friendly names, making it easier for individuals and businesses to engage with decentralized platforms.
With the official statement and the signing of the crypto executive order by Donald Trump, the cryptocurrency market has experienced a strong bullish U-turn. The altcoin segment recorded the highest attention, resulting in the rising speculations of the fast-coming altcoin season.
A recent whale deposit of 282,365 Ethereum Name Service (ENS) tokens worth $9.15 million into Binance has generated considerable buzz in the crypto market, creating both a surge in market activity and significant profits for the whale involved. The tokens were transferred from the ENS DAO: Community Reward Funds wallet, initially valued at $4.78 million, creating a $4.36 million profit for the whale due to favorable market timing.
A whale's $9.15M ENS deposit into Binance, generating a $4.36M profit, sparked a 1041% inflow spike, highlighting strategic timing and growing market interest.
World Liberty Financial acquired four key ENS domains linked to the Trump family. WLFI also invested $48 million in Ether, signaling growing crypto involvement.
Someone suggests that this could mean they are about to launch new memecoin.
One crypto community member speculated that the Trump family may be “planning ahead,” while another said the move solves the Trump family's “memecoin puzzle.”
On Jan. 19, World Liberty Financial, backed by Trump family, bought four Ethereum Name Services (ENS). Is this the first step to a historical crypto reign by Trump?
Cryptocurrencies remained on edge last week as Bitcoin struggled to move above the key resistance at $100,000.
TL;DR ENS has partnered with Linea to develop Namechain, a Layer 2 network using Linea's zkEVM technology, as part of the broader ENSv2 upgrade. Namechain will shift primary .eth domain activities to Layer 2, enhancing transaction throughput and reducing costs while maintaining integration with Ethereum's Layer 1.
Ethereum Name Service (ENS) will use Linea's Type 2 zkEVM technology to launch its own Layer 2 network, dubbed "Namechain." The post ENS Taps Linea Tech Stack to Launch its Layer 2 Network ‘Namechain' appeared first on Cryptonews.
Ethereum Name Service will use Linea's technology to develop its own Layer 2 network called Namechain.
Ethereum ENS Labs has picked Consensys' Linea's technology to develop its upcoming Layer-2 network project
Together, they're bringing something new to gamers. The launch of the Niji Warrior ID Card in Ubisoft's Captain Laserhawk Universe is the result.
Ethereum Name Service and Ubisoft have inked a partnership to boost Captain Laserhawk: A Blood Dragon Remix universe.
Ubisoft has collaborated with Ethereum Name Service (ENS) to integrate blockchain-based identities into the Captain Laserhawk Universe. This collaboration provides players with personalized, blockchain-based identities within the game.
ENS (Ethereum Name Service) has rolled out a cool new feature called domain renting, and it's live on the Ethereum mainnet. This update opens the door to some exciting opportunities for domain owners and renters alike.
Ethereum Name Service (ENS) has emerged as an essential tool in the Ethereum ecosystem, simplifying the use of decentralized applications (dApps) by converting complex Ethereum addresses into easy-to-read, human-readable names. This service has attracted significant interest from both developers and investors, with the ENS token (ENS) playing a vital role in its growth.
Ethereum Name Service (ENS) has seen a dramatic surge in recent days, with the token gaining an impressive 110% over the past ten days. The rally has allowed ENS to break past significant resistance levels, including the local highs at $34.6, which was flipped to support last week.
The Awesome Oscillator was higher than it had been throughout 2024, showing extremely bullish momentum.
With Bitcoin crossing above $91,000, crypto investors' rising risk appetites tease a bull run in altcoins. Amid the increasing demand, many have hit a new 52-week high, with the reversal rally gaining momentum.
Cryptocurrency Prices Today, November 30: The broader market witnessed mixed price action, sparking investor speculation globally. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) continued trading within tight ranges.
A cryptocurrency whale has locked in an impressive $968K profit after the Ethereum Name Service (ENS) token surged by 55% in a single day. The whale, a long-term holder of $ENS, had been inactive for several months but seized the opportunity to capitalize on the recent pump, making a significant deposit of 50,000 $ENS tokens to Binance, valued at $1.66 million.
Ethereum Name Service (ENS) emerged as the top-performing cryptocurrency in the past 24 hours, climbing by an impressive 45%. This surge pushed ENS to price levels unseen since January 2022, while its market capitalization surpassed the $1 billion mark for the first time in nearly five months.
