Introduction to Ethereum Name Service (ENS)
The Ethereum Name Service (ENS) is a decentralized domain name system built on the Ethereum blockchain, simplifying cryptocurrency transactions by replacing complex wallet addresses with human-readable names. This article explores ENS's historical price trends and market performance, providing valuable insights for investors and crypto enthusiasts.
Historical Price Data of Ethereum Name Service (ENS)
Below is a detailed table showcasing ENS's daily price movements and market metrics over recent months:
| Date | Open | High | Low | Close | Volume (USD) | Volume (ENS) | Market Cap |
|---|---|---|---|---|---|---|---|
| 07/02/2025 | $17.97 | $19.59 | $17.77 | $19.23 | $46.1M | 2,477,189 | $655.9M |
| 07/01/2025 | $18.83 | $18.91 | $17.87 | $17.97 | $24.8M | 1,353,989 | $646.1M |
| 06/30/2025 | $19.34 | $19.37 | $18.57 | $18.82 | $36.3M | 1,914,011 | $667.2M |
| 06/29/2025 | $18.63 | $19.47 | $18.41 | $19.35 | $29.3M | 1,565,241 | $658.1M |
| 06/28/2025 | $18.47 | $18.73 | $18.33 | $18.64 | $17.3M | 935,413 | $650.9M |
| 06/27/2025 | $18.26 | $18.72 | $18.04 | $18.49 | $27.3M | 1,483,088 | $647.7M |
| 06/26/2025 | $18.52 | $19.32 | $18.22 | $18.26 | $43.2M | 2,321,403 | $654.8M |
| 06/25/2025 | $18.97 | $19.10 | $18.41 | $18.51 | $35.4M | 1,885,258 | $660.4M |
| 06/24/2025 | $18.76 | $19.18 | $18.58 | $18.94 | $50.1M | 2,663,297 | $662.7M |
| 06/23/2025 | $17.02 | $18.83 | $16.80 | $18.81 | $77.6M | 4,448,186 | $614.3M |
| 06/22/2025 | $17.60 | $17.83 | $16.13 | $17.01 | $85.8M | 4,993,515 | $604.8M |
๐ Discover how ENS simplifies crypto transactions
Key Trends in ENS Price History
1. Volatility and Market Cycles
- ENS exhibited significant volatility, with prices fluctuating between $16.13** (June 22 low) and **$24.68 (June 11 high).
- June 2025 saw heightened trading activity, peaking at $190.3M USD volume on June 11.
2. Market Capitalization Trends
- ENS's market cap ranged from $604.8M to $839.9M, reflecting investor interest in decentralized naming solutions.
- The highest market cap occurred on June 11, coinciding with a price surge to $22.59.
3. Volume Analysis
- Trading volume spiked during price rallies, indicating strong buyer interest.
- Notable volume peaks: $85.8M (June 22)** and **$77.6M (June 23).
๐ Learn more about investing in blockchain domains
FAQs About Ethereum Name Service (ENS)
1. What factors influence ENS price movements?
ENS prices are driven by:
- Ethereum network adoption
- Demand for decentralized domains
- Broader cryptocurrency market trends
2. How does ENS compare to traditional DNS?
Unlike DNS, ENS:
- Runs on Ethereum blockchain
- Enables crypto payments via human-readable names
- Offers decentralized ownership
3. Can ENS domains appreciate in value?
Yes, premium ENS names (e.g., common words, short names) have resale value, similar to premium internet domains.
4. Where can I track real-time ENS data?
Reputable platforms like CoinLore provide updated ENS metrics, including price, volume, and market cap.
Conclusion: The Future of ENS
The Ethereum Name Service represents a pivotal innovation in blockchain usability. While its price history shows volatility, the growing adoption of decentralized web services suggests long-term potential for ENS. Investors should monitor Ethereum ecosystem developments and web3 adoption trends when evaluating ENS opportunities.
Stay updated with the latest ENS market movements and explore how this technology is shaping the future of decentralized identity solutions.