Followed by IoTeX, Ethereum Name Service is the second biggest gainer today on Crypto.com, rising over 44% in the past 24 hours. Recently hitting a market cap of $1 billion, and with a 24 hour trading volume of over $1.4 billion, traders are excited about ENS. Let’s take a closer look at what Ethereum Name Service actually is, and why ENS price is rising so much. What Is Ethereum Name Service? As the name suggests, Ethereum Name Service allows you to rent a Web 3.0 username. Similar to a domain name, you can rent a name on the Ethereum network
The post Major Exchanges Rush to List Ethereum Name Service, ENS Price Doubles appeared first on The Merkle News.
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