• Market Cap: $1,674,543,527,566.12
  • 24h Vol: $93,039,886,787.48
  • BTC Dominance: 50.57%
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Ethereum Name Service registrations surge by 200% amid lower gas fees

Jon Hartney by Jon Hartney
July 6, 2022
in Bitcoin, Blockchain, Business, Market
0
Ethereum Name Service registrations surge by 200% amid lower gas fees
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH.

Ethereum domains showed an increase in demand as Ethereum Name Service (ENS) registration totaled 126,141 registrations in just one week. 

The ENS Dashboard, a data tracker created by developer Nick Johnson, shows that registrations went from 11,042 to 29,727, increasing over 200% during the weekend. This happened amid the second-largest .eth domain sale when “000.eth” was bought on Sunday at 300 Ether (ETH), which was worth around $320,000 at the time of sale.

Related articles

Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight

Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight

December 7, 2023
Cardano Could See 70% Rally To $0.75, Analyst Predicts When

Cardano Could See 70% Rally To $0.75, Analyst Predicts When

December 7, 2023

Because of the purchase, ENS’s daily revenue jumped up to $684,174 when the sale was completed. Following this, the registrations for .eth domains peaked at 34,357 on Monday as hype over the sale reached its climax. This pushed ENS to the top of the seven-day nonfungible token (NFT) collection sales chart at information tracker Dapp Radar.

Social media activity surrounding ENS has also reached new highs. According to crypto social tracking platform Lunar Crush, engagements with the keyword increased by 108.4% within seven days.

Ethereum Name Service 1-week activity:

Social mentions: 41.71K +69.8%
Social dominance: 2.94% +294.1%
Social engagements: 101.58M +108.4%

More @ensdomains insights: https://t.co/bKTNrlixbm pic.twitter.com/Wa3ZfI1MT6

— LunarCrush (@LunarCrush) July 6, 2022

The surge in demand for ENS domains also happened as Ethereum’s average gas fees fell to $1.57, a number that has not been seen since 2020.

Related: The concept and future of decentralized Web3 domain names

On July 1, the Gray Glacier hard fork, which delays the difficulty bomb on Ethereum, went live last Thursday. According to Ethereum Foundation’s Tim Beiko, the fork was a success, and all nodes were in sync. Following this, the Sepolia testnet will also be undergoing a merge trial in the coming days as the Ethereum network prepares to move to a proof-of-stake consensus.

On the same day as the fork, Ether’s price fell by 5%, putting 1 ETH at $1,044. This follows a four-day losing streak for the asset as Ether-focused investment products showed almost $140 million in outflows in the month of June.

Read Entire Article
Tags: CointelegraphCryptocurrencyInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight

Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight

by Jon Hartney
December 7, 2023
0

Since October 2023, Solana (SOL), often called the Ethereum killer, has seen significant network and price action growth  However, everything...

Cardano Could See 70% Rally To $0.75, Analyst Predicts When

Cardano Could See 70% Rally To $0.75, Analyst Predicts When

by Jon Hartney
December 7, 2023
0

An analyst has explained how Cardano may be heading towards a rally to $075 soon if the historical pattern is...

Why Bitcoin’s Staggering 260% YTD Surge Could Be Just The Start

Why Bitcoin’s Staggering 260% YTD Surge Could Be Just The Start

by Jon Hartney
December 7, 2023
0

The price of Bitcoin slowed down its ascend following a week of smashing critical resistance levels However, the rally is...

Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million

Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million

by Jon Hartney
December 7, 2023
0

A crypto pundit and Bitcoin maximalist, Mark Harvey, has explained why he believes the foremost cryptocurrency Bitcoin, is far off...

SunnySide, Rosseau Partner To Offer Bitcoin Mining Companies Immersion Cooling Tech

SunnySide, Rosseau Partner To Offer Bitcoin Mining Companies Immersion Cooling Tech

by Jon Hartney
December 7, 2023
0

This collaboration promises to enhance power density by up to 100%, surpassing alternative immersion cooling systems currently available in the

Load More
  • Trending
  • Comments
  • Latest
NEXO risks 50% drop due to regulatory pressure and investor concerns

NEXO risks 50% drop due to regulatory pressure and investor concerns

September 30, 2022
51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022
Ripple Vs. SEC: Epic Battle Unfolds Over $770M Disgorgement Demand

Ripple Vs. SEC: Epic Battle Unfolds Over $770M Disgorgement Demand

November 11, 2023
All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0
Crypto owners banned from working on US Government crypto policies

Crypto owners banned from working on US Government crypto policies

0
Korean startup Uprise lost $20M shorting LUNC

Korean startup Uprise lost $20M shorting LUNC

0
Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0
Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight

Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight

December 7, 2023
Cardano Could See 70% Rally To $0.75, Analyst Predicts When

Cardano Could See 70% Rally To $0.75, Analyst Predicts When

December 7, 2023
Why Bitcoin’s Staggering 260% YTD Surge Could Be Just The Start

Why Bitcoin’s Staggering 260% YTD Surge Could Be Just The Start

December 7, 2023
Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million

Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million

December 7, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight December 7, 2023
  • Cardano Could See 70% Rally To $0.75, Analyst Predicts When December 7, 2023
  • Why Bitcoin’s Staggering 260% YTD Surge Could Be Just The Start December 7, 2023
  • Crypto Pundit Reveals Why Bitcoin Is Worth As Much As $17 Million December 7, 2023
  • SunnySide, Rosseau Partner To Offer Bitcoin Mining Companies Immersion Cooling Tech December 7, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$43,268.00-1.55%
  • ethereumEthereum(ETH)$2,335.512.77%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$231.710.30%
  • rippleXRP(XRP)$0.642.10%
  • solanaSolana(SOL)$65.583.53%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • staked-etherLido Staked Ether(STETH)$2,337.402.80%
  • cardanoCardano(ADA)$0.4510110.92%
  • dogecoinDogecoin(DOGE)$0.094856-3.52%
  • avalanche-2Avalanche(AVAX)$26.66-1.99%
  • tronTRON(TRX)$0.103719-1.61%
  • chainlinkChainlink(LINK)$15.32-2.66%
  • polkadotPolkadot(DOT)$6.221.84%
  • matic-networkPolygon(MATIC)$0.840.70%
  • ToncoinToncoin(TON)$2.28-2.11%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$43,203.00-1.48%
  • shiba-inuShiba Inu(SHIB)$0.000010-1.97%
  • Wrapped stETHWrapped stETH(WSTETH)$1,865.160.38%
  • litecoinLitecoin(LTC)$74.010.27%
  • daiDai(DAI)$1.00-0.06%
  • bitcoin-cashBitcoin Cash(BCH)$246.04-1.51%
  • uniswapUniswap(UNI)$6.191.27%
  • leo-tokenLEO Token(LEO)$3.800.46%
  • stellarStellar(XLM)$0.1249550.66%
  • okbOKB(OKB)$56.96-1.03%
  • moneroMonero(XMR)$175.791.97%
  • ethereum-classicEthereum Classic(ETC)$21.695.80%
  • cosmosCosmos Hub(ATOM)$9.88-1.97%
  • KaspaKaspa(KAS)$0.128766-8.07%
  • true-usdTrueUSD(TUSD)$1.00-0.20%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.11%
  • crypto-com-chainCronos(CRO)$0.093946-4.50%
  • filecoinFilecoin(FIL)$5.004.01%
  • hedera-hashgraphHedera(HBAR)$0.068240-1.73%
  • lido-daoLido DAO(LDO)$2.528.22%
  • nearNEAR Protocol(NEAR)$2.24-2.92%
  • internet-computerInternet Computer(ICP)$4.971.75%
  • AptosAptos(APT)$7.985.28%
  • BSCEXBSCEX(BSCX)$237.310.49%
  • MantleMantle(MNT)$0.640.39%
  • optimismOptimism(OP)$2.1421.59%
  • thorchainTHORChain(RUNE)$6.45-0.73%
  • immutable-xImmutable(IMX)$1.486.96%
  • BittensorBittensor(TAO)$310.57-6.77%
  • vechainVeChain(VET)$0.024806-3.09%
  • quant-networkQuant(QNT)$111.090.99%
  • binance-usdBUSD(BUSD)$1.00-0.16%
  • injective-protocolInjective(INJ)$18.123.17%
  • the-graphThe Graph(GRT)$0.162988-2.89%
  • ArbitrumArbitrum(ARB)$1.178.62%
  • aaveAave(AAVE)$98.680.66%
  • GGTKNGGTKN(GGTKN)$0.1121180.75%
  • CelestiaCelestia(TIA)$9.82-6.05%
  • blockstackStacks(STX)$0.99-7.18%
  • Rocket Pool ETHRocket Pool ETH(RETH)$2,560.723.10%
  • render-tokenRender(RNDR)$3.62-5.25%
  • makerMaker(MKR)$1,436.17-0.74%
  • elrond-erd-2MultiversX(EGLD)$49.06-0.39%
  • algorandAlgorand(ALGO)$0.1608743.21%
  • WEMIXWEMIX(WEMIX)$3.7316.19%
  • havvenSynthetix Network(SNX)$3.740.04%
  • terra-lunaTerra Luna Classic(LUNC)$0.000204-9.99%
  • flowFlow(FLOW)$0.780.93%
  • ORDIORDI(ORDI)$52.44-21.60%
  • First Digital USDFirst Digital USD(FDUSD)$1.00-0.09%
  • theta-tokenTheta Network(THETA)$1.05-2.79%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • bitcoin-cash-svBitcoin SV(BSV)$51.32-1.26%
  • the-sandboxThe Sandbox(SAND)$0.4609951.19%
  • axie-infinityAxie Infinity(AXS)$7.282.96%
  • fantomFantom(FTM)$0.3413320.78%
  • galaGALA(GALA)$0.0312645.29%
  • decentralandDecentraland(MANA)$0.4955212.47%
  • kucoin-sharesKuCoin(KCS)$9.31-1.17%
  • iotaIOTA(IOTA)$0.288536-2.21%
  • kavaKava(KAVA)$0.875.21%
  • eosEOS(EOS)$0.773.45%
  • neoNEO(NEO)$12.060.11%
  • BitDAOBitDAO(BIT)$0.592.96%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$5.66-0.37%
  • tezosTezos(XTZ)$0.912.64%
  • mina-protocolMina Protocol(MINA)$0.74-0.17%
  • heliumHelium(HNT)$5.1621.25%
  • BeamBeam(BEAM)$0.0159431.80%
  • Bitget TokenBitget Token(BGB)$0.52-0.59%
  • bittorrentBitTorrent(BTT)$0.000001-23.98%
  • klay-tokenKlaytn(KLAY)$0.2195011.56%
  • usddUSDD(USDD)$0.99-0.38%
  • conflux-tokenConflux(CFX)$0.1982481.04%
  • Frax EtherFrax Ether(FRXETH)$2,335.212.21%
  • xdce-crowd-saleXDC Network(XDC)$0.049825-3.60%
  • SuiSui(SUI)$0.663.01%
  • frax-shareFrax Share(FXS)$8.998.53%
  • Tokenize XchangeTokenize Xchange(TKX)$8.400.47%
  • CheeleeCheelee(CHEEL)$12.490.55%
  • fraxFrax(FRAX)$1.00-0.05%
  • ecasheCash(XEC)$0.000034-5.51%
  • chilizChiliz(CHZ)$0.0854533.26%