ENSEthereum Name Service

On November 29, 2024, a perpetual futures exchange called Hyperliquid distributed 31% of its total token supply to users who had traded on the platform. There was no venture capital allocation to dilute the drop. There was no points program…

The decision creates a Security Council seated for a defined two-year, or biennial, term rather than an open-ended arrangement, according to the executable proposal to establish a new Security Council filed on the ENS governance forum. For related coverage, see U. Read original a...

BitcoinWorld ENS DAO approves new eight-member security council with multisig authority for two-year term The Ethereum Name Service DAO has officially approved the creation of a new security council that will operate for the next two years, following a successful governance vote....

Brantly Millegan said he is moving on from the Ethereum Name Service ecosystem and winding down ethid.org. Millegan wrote that “the .eth comes off” and called the move the end of a chapter. He said the decision followed recent events and other reasons, while thanking the ENS comm...

Beldex has announced the launch of a BNS Marketplace designed for blockchain names, adding a new product to its privacy-focused ecosystem. The details surrounding the launch remain largely unverified by independent sources, and key questions about functionality, fees, and availab...

The Ethereum Name Service DAO, otherwise known as the ENS DAO, published a temp check proposal on June 19 to restructure how the organization operates. The proposal, authored by katherine.eth and posted on the ENS governance forum, states that the DAO’s current structure forces t...

Beginner Level Introduction & Homepage Overview of Etherscan Etherscan serves as the premier blockchain explorer for the Ethereum network, offering a transparent window into all activities occurring on its public […]

Key takeaways : Ethereum Name Service price prediction suggests a peak price of $16.75 in 2026. By 2029, ENS could see significant growth, with predictions suggesting a potential maximum price of $46.12 ENS could achieve its highest price yet, reaching up to $41.27 by 2032. The Ethereum Name Service is a network that enables crypto enthusiasts to rename their cryptocurrency addresses into something simpler, making them easier to remember. Renaming crypto addresses through ENS allows users to recollect and write them quickly. Even though Ethereum Name Service is based on the Ethereum blockchain, it utilizes its own cryptocurrency, ENS. ENS is used for governance purposes on the blockchain network. Users can also send and receive any cryptocurrency with the system’s wallet. The price of ENS has fluctuated since its launch, dropping to as low as $6.7 and hitting an ATH of $85.69. As decentralized identities and Web3 technology are adopted, ENS positions itself as a key player in this transformative space. How will this affect investors’ perceptions of the Ethereum Name Service (ENS) token? Will ENS go up? How high can ENS go? Will ENS recapture its ATH soon? Let’s get into the Ethereum Name Service price prediction for 2026-2032. Overview Cryptocurrency Ethereum Name Service Token ENS Price $4.52 Market Cap $182.98M Trading Volume (24-hour) $39.12M Circulating Supply 100 Million ENS All-time High $85.69, Nov 11, 2021 All-time Low $6.70, Oct 19, 2023 24-h High $4.87 24-h Low $4.30 Ethereum Name Service technical analysis Metric Value Price Volatility (30-day Volatility) 9.33% (High) 50-Day SMA $ 6.19 14-Day RSI 22.80 (Oversold) Sentiment Bearish Fear & Greed Index 12 ( Extreme Fear) Green Days 9/30 (30%) 200-Day SMA $7.69 Ethereum Name Service price analysis TL;DR Breakdown : ENS is at $4.56 to $4.68, down 10.67% today and 24.40% this week, crashing to its lowest levels since 2021 and approaching the all-time low of $4.48 on both the daily and 4-hour charts. ETH collapsing below $1,700, a 30% drop in monthly domain registrations, 48% decline in derivatives open interest, and ENS trading 94.60% below its all-time high are driving the full capitulation selloff. The $4.00 psychological level is the last defense before $3.00, while reclaiming $5.50 is urgently needed to stabilize, with Turkey’s government ENS registration being the only positive fundamental development today. Ethereum Name Service 1-day price chart ENSUSD chart by TradingView ENS is trading at $4.56, down 0.87% on the day, crashing to its lowest level of 2026 and breaking below the red horizontal support around $5.50 that had held since February. The daily chart reveals a devastating downtrend from the January highs near $12.00, with price accelerating lower over the past two weeks alongside ETH’s broader collapse below $2,000. Today’s low of $4.30 signals panic selling is intensifying with buyers completely absent. Immediate support now sits at the psychological $4.00 level, and losing it risks a move toward $3.00. Reclaiming $5.50 on a daily close is urgently needed to halt the current freefall heading into June. ENS/USD 4-hour price chart analysis ENSUSD chart by TradingView ENS is trading at $4.53, down 0.22%, with the 4-hour chart showing a complete structural breakdown as price accelerates below the long-term red horizontal support at $5.50, leaving virtually no recognizable support until the $4.00 psychological level. The 4-hour candles reveal a near-vertical decline over the past two weeks, mirroring ETH’s catastrophic selloff, with no meaningful bounce forming at any level. The speed and consistency of the decline with zero buyer defense confirms sellers are in full control with panic conditions present. A 4-hour close below $4.30 would open the path toward $4.00 and $3.00, while urgently reclaiming $5.50 is needed to signal any stabilization of the current freefall. ENS technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $5.04 SELL SMA 5 $5.26 SELL SMA 10 $5.56 SELL SMA 21 $5.92 SELL SMA 50 $6.19 SELL SMA 100 $6.06 SELL SMA 200 $7.69 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $4.95 SELL EMA 5 $5.16 SELL EMA 10 $5.47 SELL EMA 21 $5.81 SELL EMA 50 $ 6.07 SELL EMA 100 $ 6.56 SELL EMA 200 $8.60 SELL What to expect from ENS? Based on the current structure across both the daily and 4-hour charts, ENS is in full capitulation mode, trading at its lowest levels since 2021 with no recognizable technical support until the $4.00 psychological level. The complete breakdown below $5.50 alongside ETH’s collapse below $2,000 has removed every meaningful demand zone, and the path of least resistance remains decisively lower. A confirmed close below $4.30 would expose ENS to $4.00 and potentially $3.00, erasing years of price history. For any recovery to emerge, ENS urgently needs ETH to stabilize above $1,700 and a convincing daily close back above $5.50. Turkey’s government registering cbiletisim.eth is a meaningful fundamental development that reinforces ENS long-term utility, but it is insufficient to counter the current wave of panic selling without a broader crypto market recovery and ETH reclaiming key support levels heading into Q3 2026. Why is ENS down today? ENS is down today due to multiple compounding pressures. ENS is down 24.40% over the past seven days, dramatically underperforming the global crypto market which is down 16.60%, while similar Ethereum ecosystem tokens are actually up 12.70%, highlighting ENS-specific weakness. On-chain fundamentals are deteriorating sharply, with ENS domain registrations declining 30% month-over-month in June and derivatives open interest dropping 48% over the past seven days, signaling rapidly fading demand. ETH’s catastrophic collapse below $1,700 is the dominant driver, dragging ENS lower as it trades in near-perfect correlation with Ethereum price action, with Turkey’s government ENS registration failing to provide any meaningful price support today. Is ENS a good investment? Ethereum Name Service (ENS) can be a good investment if you believe in the long-term potential of decentralized domain names and the growing adoption of blockchain technology. ENS offers a unique utility by allowing users to register human-readable names for Ethereum addresses, which simplifies transactions and interactions within the Ethereum ecosystem. Its value could increase as more users and businesses adopt decentralized web services. Will ENS recover? The ENS price has experienced a sharp drop, followed by a gradual recovery, indicating some market resilience. While there has been a rebound from the low, whether ENS will recover depends on continued buying interest and broader market conditions. Will ENS reach $100? Forecasts for ENS indicate significant growth potential over the coming years, with the average price projected to reach $46.12 by 2029. This implies that reaching $100 is not plausible within the next few years, driven by positive market trends and increasing adoption. Will ENS reach $500? Forecasts for ENS indicate significant growth potential over the coming years. However, attaining $500, while attainable, might not happen anytime soon. Does ENS have a good long-term future? Ethereum Name Service (ENS) has strong long-term potential according to current predictions. The price is expected to increase significantly over the next several years, with forecasts extending to $41.27 by 2032. This indicates a positive outlook for ENS, supported by ongoing market developments and growing investor interest. Recent news/opinion on Ethereum Name Service Turkey Becomes First Government to Register an Official ENS Domain for Public Communications Türkiye’s Directorate of Communications has registered cbiletisim.eth, marking a historic milestone as one of the first government bodies to establish an official onchain identity using Ethereum Name Service. The move enables official Turkish government publications to be accessed through a decentralized and verifiable web architecture, signaling growing institutional adoption of blockchain-based identity infrastructure. This development is a significant vote of confidence for ENS at a time when the token has been under severe price pressure, potentially reinforcing its long-term utility case as governments worldwide begin embracing onchain identity solutions. Governments are going onchain. 🇹🇷 Türkiye's Directorate of Communications ( @Communications ) has registered cbiletisim.eth, making its first step in establishing an official onchain identity by choosing ENS. Source: https://t.co/Yj0xko71Ke https://t.co/elrWPJ2iM9 — ens.eth (@ensdomains) June 6, 2026 Ethereum Name Service price prediction June 2026 In 2026, the Ethereum Name Service (ENS) forecast suggests an average price of $6.45 and a maximum price of $7.96. The minimum price for ENS could reach $5.29. Month Minimum Price Average Price Maximum Price June 2026 $5.29 $6.45 $7.96 Ethereum Name Service price prediction 2026 Ethereum Name Service (ENS) is forecasted to trade at a minimum of $12.99, an average of $15.11, and a maximum of $16.75 in 2026. Year Minimum Price Average Price Maximum Price 2026 $12.99 $15.11 $16.75 Ethereum Name Service price predictions 2027 – 2032 Year Minimum price Average price Maximum price 2027 $6.98 $8.12 $9.26 2028 $15.67 $18.01 $20.35 2029 $30.74 $38.43 $46.12 2030 $16.76 $19.95 $23.14 2031 $21.64 $24.04 $26.45 2032 $31.77 $36.52 $41.27 Ethereum Name Service price prediction 2027 In 2027, ENS is projected to decline and reach a minimum of $6.98, an average of $8.12, and a maximum of $9.26. Ethereum Name Service price prediction 2028 In 2028, ENS is forecasted to trade between $15.67 and $20.35, with an average of $18.01. This rise is attributed to the wider adoption of Web3 identities, stronger cross-chain interoperability, and ENS’s maturity as a decentralized naming standard. Reduced token unlock pressure and sustained Ethereum ecosystem growth will further support the potential for higher valuation. Ethereum Name Service price prediction 2029 It is expected that ENS will trade between $30.74 and $46.12 in 2029, with an average of $38.43. This increase is anticipated as ENS becomes a key Web3 identity layer, widely used in DeFi, NFTs, and payments, and gaining greater recognition worldwide. Better scalability, lower costs, and more mature governance will all help maintain high demand and value. Ethereum Name Service price prediction 2030 In 2030, ENS is forecasted to decline and trade between $16.76 and $23.14, averaging $19.95. This is an 8.39% decrease from the previous year. Ethereum Name Service price prediction 2031 The Ethereum Name Service’s price for 2031 is projected to regain its momentum and reach a minimum of $21.64. According to expert analysis, ENS could reach a maximum of $26.45 and an average of $24.04. However, this is anticipated as ENS establishes itself in the crypto space with widespread use in finance, social media, and digital governance. Ethereum Name Service price prediction 2032 In 2032, ENS is forecast to range from $31.77 to $41.27, with an average of $36.52. This projection stems from ENS’s deep integration into global Web3 and Web2 systems, powering digital identity, payments, and decentralized governance. With entrenched network effects, strong enterprise adoption, and Ethereum’s ecosystem maturity, ENS demand and valuation are expected to continue to rise. Ethereum Name Service price prediction 2026 – 203 2 Ethereum Name Service market price prediction: Analysts’ ENS price forecast Firm Name 2026 2027 Coincodex $ 5.89 $6.39 Digitalcoinprice $5.54 $9.19 Cryptopolitan’s Ethereum Name Service (ENS) price prediction Cryptopolitan’s overall Ethereum Name Service price predictions present a promising outlook through 2032. ENS is expected to experience substantial growth, with 2026 projections showing a peak of about $4.43. Also, prices will rise to a maximum of $33.02 by 2032. Remember to always seek independent professional consultation before investing in crypto. Ethereum Name Service historic price sentiment ENS price history ⏐ Source: CoinGecko ENS showed strong volatility from 2022 to 2024, rising from 10.75 in early 2022 to major peaks at 31.06 in July 2024 and 50.22 in December 2024 before closing 2024 at 32.96 In 2025, ENS entered a prolonged decline, falling from 32.96 in January to the mid 20s by February, then sliding into the low teens by April before recovering to the low 20s by May Summer 2025 brought instability with ENS fluctuating between the high teens and upper 20s, peaking near 30 in mid-August before dropping steadily toward the low 20s by September October 2025 marked a major breakdown as ENS fell from the 17 to 18 range into the 12 to 13 zone mid-month, then consolidated between 13 and 16 into early November From November 1 to December 2, ENS weakened further, sliding from around 15 into the 10 to 11 range by December 1 before a minor rebound near 11 on December 2, 2025 On December 1, 2025, ENS traded near $10.71 and then climbed through the month, reaching highs above $12.25 by early December before gradually drifting lower into the mid-$9s by month’s end. By December 31, 2025, ENS was trading around $9.68–$9.72, showing a clear decline from early December peaks as the price consolidated in the $9–$10 range into January 1, 2026. On January 1, 2026, ENS opened around $9.78 and traded up into the low $10s during the first week, reaching highs near about $11.18 by mid-January before starting a gradual pullback. From late January into February 2, ENS declined steadily from roughly $9.13 on January 28 toward around $7.08 on February 2, showing persistent downward pressure throughout the period. ENS started February 2026, around $7.07 on Feb 2, and dropped sharply during the first week as the broader crypto market weakened, reaching a low near $4.94 before stabilizing After the early February decline, ENS gradually recovered and traded mostly between $5.90 and $6.90 through late February, then consolidated around the $6 to $7 range by March 4, 2026. ENS opened March 3 around $6.17–$6.59, consolidating near those levels through mid-March before gradually sliding lower — analysts had predicted a March range of $6.17–$6.59, and ENS tracked closely to the lower end of that forecast as broader market weakness dragged it down. By April 3, ENS had fallen to $5.56, representing a 12.53% decline over the past month, with the all-time low of $5.01 set on February 6, 2026, acting as the key support level just below current prices heading into April 6. ENS entered May 6 trading around $6.39 to $6.44, having broken below the critical $6.00 support zone after months of tight consolidation between $6.00 and $7.50, with the ENS team depositing 1.46 million tokens into Coinbase adding selling pressure and Coinbase suspending ENS perpetuals futures compounding the bearish sentiment. By June 6, ENS was trading around $5.58 to $6.20, having spent the entire month grinding lower alongside ETH’s devastating collapse below $2,000, with the token down over 7% in the past week and the 200-day moving average falling since October 2025 confirming the long-term bearish structure.

BitcoinWorld KGEN Burns 22 Million Tokens, Plans Deflationary Buyback Model KGEN, a blockchain protocol focused on decentralized identity and reputation verification, has announced a significant token burn that will permanently remove 22 million KGEN tokens from circulation. The move, which represents approximately 10% of the token’s circulating supply, is designed to reduce market supply and signal long-term commitment to token value stability. Source of the Burned Tokens The 22 million tokens being burned consist entirely of unclaimed airdropped tokens and unsold allocations from the project’s node sale. By eliminating these tokens, KGEN aims to remove potential sell pressure that could arise from dormant or undistributed holdings entering the market. The project has confirmed that no new tokens will be minted or distributed for the foreseeable future, effectively freezing the circulating supply at its current level. Building a Deflationary Model Beyond the one-time burn, KGEN has outlined plans to implement a sustainable deflationary mechanism. The protocol intends to allocate revenue generated from future artificial intelligence (AI) smart contracts toward regular buyback and burn events. This approach would create a feedback loop where increased network usage and AI contract activity directly reduce the token supply over time. The strategy mirrors models used by other crypto projects that tie token supply reduction to protocol revenue, but KGEN’s focus on AI contracts introduces a novel variable. The project has not disclosed specific timelines or revenue projections for the AI contract initiative, leaving the pace and scale of future burns dependent on adoption and network activity. Implications for Token Holders For current KGEN holders, the burn reduces the total available supply, which in theory supports price stability if demand remains constant or grows. However, the long-term impact will depend heavily on the success of KGEN’s AI contract revenue stream. If the protocol fails to generate meaningful revenue, the deflationary model may not materialize as planned. The announcement also reinforces KGEN’s focus on its core decentralized identity and reputation use case, which competes in a growing niche alongside projects like ENS and Lit Protocol. By removing supply uncertainty and tying future burns to revenue, KGEN is attempting to differentiate itself in a crowded market. Conclusion KGEN’s token burn and deflationary roadmap represent a deliberate effort to tighten token supply and align incentives with long-term holders. The success of this strategy now hinges on the protocol’s ability to generate sustainable revenue from AI contracts, a factor that remains unproven. For now, the burn removes a known overhang of undistributed tokens, providing a clearer supply picture for the market. FAQs Q1: How many KGEN tokens are being burned? 22 million KGEN tokens, which equals about 10% of the current circulating supply. Q2: Where do the burned tokens come from? The tokens are from unclaimed airdrops and unsold node allocations that were never distributed to users. Q3: Will KGEN mint new tokens in the future? The project has stated it has no plans to distribute new tokens for the time being, eliminating additional supply pressure. This post KGEN Burns 22 Million Tokens, Plans Deflationary Buyback Model first appeared on BitcoinWorld .