Where Ethereum Name Service stands after 66% decline from registrations in May - Aliens: AI Crypto News & Markets Updates
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Where Ethereum Name Service stands after 66% decline from registrations in May

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AMB Crypto

Sat, Jul 02, 2022

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These represented a 66% decline from the 365,000 .eth registrations recorded by the platform in May. Furthermore, between May and June, its protocol revenue saw a 65% drop.

As per data from Santiment , the price per ENS token registered a 29% decline in June.

However, as the month progressed, the price of the token declined gradually and marked a spot at $8.35 at the time of press.

Moreover, according to data from CoinMarketCap , the ENS token posted a price decline of 0.29% in the last 24 hours.

Over the last 30 days, the number of unique addresses that transacted the ENS token also witnessed a steady decline.

The percentage supply of ENS tokens held by the whales also witnessed a 4% decline in the last 30 days.

In fact, the aggregate amount of ENS tokens across transactions that happened in the last 30 days touched a high of 1.66 million on 21 June.

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