The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain.
ENS’s job is to map human-readable names like ‘alice.eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. ENS also supports ‘reverse resolution’, making it possible to associate metadata such as canonical names or interface descriptions with Ethereum addresses.
ENS has similar goals to DNS, the Internet’s Domain Name Service, but has significantly different architecture due to the capabilities and constraints provided by the Ethereum blockchain. Like DNS, ENS operates on a system of dot-separated hierarchical names called domains, with the owner of a domain having full control over subdomains.
Top-level domains, like ‘.eth’ and ‘.test’, are owned by smart contracts called registrars, which specify rules governing the allocation of their subdomains. Anyone may, by following the rules imposed by these registrar contracts, obtain ownership of a domain for their own use. ENS also supports importing in DNS names already owned by the user for use on ENS.
Because of the hierarchal nature of ENS, anyone who owns a domain at any level may configure subdomains - for themselves or others - as desired. For instance, if Alice owns 'alice.eth', she can create 'pay.alice.eth' and configure it as she wishes.
ENS is deployed on the Ethereum main network and on several test networks. If you use a library such as the ensjs Javascript library, or an end-user application, it will automatically detect the network you are interacting with and use the ENS deployment on that network.
The current live price of Ethereum Name Service (ENS) is $4.20 USD as of the most recent market update. This price is aggregated from major cryptocurrency exchanges and reflects the global market consensus for Ethereum Name Service tokens. The cryptocurrency market operates 24/7, meaning ENS prices update continuously throughout the day, unlike traditional stock markets that have defined trading hours.
Key Market Metrics for ENS:
The market capitalization of $172.32M places Ethereum Name Service among significant digital assets in the cryptocurrency ecosystem. The 24-hour trading volume of $6.27M indicates moderate trading activity and market participation. The volume-to-market-cap ratio provides insights into the token's liquidity profile and trading efficiency.
For investors tracking ENS, the price data shown on Pricify is sourced from CoinGecko's detailed API, providing reliable and up-to-date market information. The current bearish sentiment with a decline of 1.58% in the last 24 hours offers a snapshot of recent market dynamics affecting Ethereum Name Service.
The all-time high price of Ethereum Name Service was $83.40, reached on November 10, 2021. The current price of $4.20 represents a 95.0% decline from the all-time high, which is a common metric used by investors to gauge potential upside relative to historical price levels.
Indian investors have several options to purchase Ethereum Name Service (ENS) through registered cryptocurrency exchanges. The process involves creating an account on a crypto exchange, completing KYC verification, depositing Indian Rupees (INR), and placing a buy order for ENS. Below are the most popular and trusted platforms for buying cryptocurrencies in India.
Coinbase is the largest publicly traded cryptocurrency exchange in the world, offering a secure and regulated platform to buy, sell, and store Ethereum Name Service and 200+ other cryptocurrencies. With advanced security features, FDIC insurance on USD balances, and an intuitive interface, Coinbase is ideal for both beginners and experienced traders. Indian users can sign up, complete verification, and start trading ENS with INR deposits via P2P or USDT pairs. Join Coinbase today to buy Ethereum Name Service and earn rewards.
Binance is the world's largest cryptocurrency exchange by trading volume, offering deep liquidity for ENS trading pairs including ENS/USDT, ENS/BUSD, and more. Binance provides advanced trading features including spot trading, futures, margin trading, staking, and earn products. Indian users can access Binance through its global platform and use P2P trading to buy Ethereum Name Service with INR. Register on Binance to trade ENS with one of the lowest fee structures in the industry.
WazirX is one of India's most popular cryptocurrency exchanges, offering direct INR deposits via UPI, net banking, and bank transfers. The platform is fully compliant with Indian regulations and provides a seamless experience for buying Ethereum Name Service with Indian Rupees. With the WazirX auto-buy feature, you can set up recurring purchases of ENS to average your entry price over time. Sign up on WazirX to start investing in Ethereum Name Service with INR directly.
Steps to Buy ENS in India:
Disclaimer: Cryptocurrency investments are subject to high market risk and price volatility. Past performance does not guarantee future returns. Please do your own research and consider consulting a financial advisor before investing in digital assets. The Indian government has imposed a 30% tax on crypto gains and 1% TDS on transactions.
Understanding the price history of Ethereum Name Service (ENS) is crucial for making informed investment decisions in the cryptocurrency market. Ethereum Name Service\'s price journey reflects the broader trends in the Other sector as well as project-specific developments, market sentiment shifts, and the evolving regulatory landscape for digital assets.
The current price of $4.20 shows a negative trend over the last 24 hours with a change of 1.58%. Looking at broader timeframes, the 7-day change of 1.00% (down) and 30-day change of 1.40% and 1-year change of 85.88% provide context for medium to long-term price trends.
Key Price Levels for ENS:
The interactive chart above allows you to analyze Ethereum Name Service\'s price action across multiple timeframes — from intraday 1D charts for short-term traders to all-time charts for long-term investors. Use the chart tabs to switch between 1-day, 7-day, 1-month, 3-month, 1-year, and all-time views. The chart includes price data points and trend visualization to help identify support and resistance levels, trendlines, and potential breakout patterns for ENS.
Technical analysis of Ethereum Name Service should be combined with fundamental factors such as network activity, development updates, partnership announcements, and overall market conditions in the Other sector. The volume data of $6.27M in the last 24 hours provides insight into the level of market participation and liquidity available for ENS traders.
Here are other popular cryptocurrencies that investors tracking Ethereum Name Service (ENS) may also be interested in. These coins represent different categories and market cap ranges within the cryptocurrency ecosystem, providing diversification opportunities for crypto portfolios.
The current live price of Ethereum Name Service is $4.20 USD. The price is updated in real-time from CoinGecko's aggregated market data across multiple cryptocurrency exchanges. In the last 24 hours, ENS has traded between $4.19 and $4.29, with a 24-hour change of 1.58%.
Indian users can buy Ethereum Name Service through popular cryptocurrency exchanges like Coinbase, Binance, or WazirX. The process involves creating an account, completing KYC verification with Aadhaar/PAN, depositing INR through UPI or bank transfer, and placing a buy order for ENS on the exchange.
The current market capitalization of Ethereum Name Service is approximately $172.32M. Market cap is calculated by multiplying the current price ($4.20) by the circulating supply (41,035,482 ENS tokens). This metric ranks Ethereum Name Service among other digital assets in the cryptocurrency ecosystem.
Ethereum Name Service is classified under the Other category. The Other sector of the cryptocurrency market includes projects that share similar technological characteristics, use cases, and market dynamics. Investors often use category classification to build diversified crypto portfolios and compare project performance within the same sector.
Whether Ethereum Name Service (ENS) is a good investment depends on your individual risk tolerance, investment goals, and market outlook. The cryptocurrency market, including the Other sector, is known for high volatility. The current price of $4.20 is 95.0% below its all-time high of $83.40. We recommend conducting thorough research, diversifying your portfolio, and consulting a financial advisor before investing in cryptocurrencies. Use our interactive chart and market data above to conduct your own analysis of Ethereum Name Service.