Ethereum

Ethereum Name Service

Coin

<ul class="news-points"> 
 <li><strong>Vitalik Buterin’s ENS endorsement spikes token value by 72%, hitting a $14.7 peak.</strong></li> 
 <li><strong>Buterin says ENS’s integration with Layer-2 networks is key to Ethereum scalability.</strong></li> 
 <li><strong>ENS market cap surges 39.3%, signaling heightened investor interest post-Buterin boost.</strong></li> 
</ul> 
<p>The Ethereum Name Service (ENS) token witnessed a 72% increase in its value on January 3, a surge attributed to <a href="https://coinedition.com/tag/Vitalik-Buterin/">Ethereum co-founder Vitalik Buterin</a>‘s public endorsement of the platform. Buterin, in a recent <a href="https://twitter.com/VitalikButerin/status/1742540651797823948" target="_blank" rel="nofollow">post</a>, emphasized the critical role of ENS in the Ethereum ecosystem, advocating for its continued accessibility and affordability.</p> 
<h2 class="wp-block-heading" id="h-the-role-of-layer-2-networks-in-ens-s-growth"><strong>The Role of Layer-2 Networks in ENS’s Growth</strong></h2> 
<p>Buterin highlighted the importance of integrating ENS and layer-2 networks like Optimism, Arbitrum, and Polygon. He suggested these networks should support ENS address registration to enhance usability and contribute to Ethereum’s scalability.</p> 
<h2 class="wp-block-heading" id="h-ens-price-reaction"><strong>ENS Price Reaction&nbsp;</strong></h2> 
<p>In response to Buterin’s endorsement, the ENS token price leaped from a yearly low of $8.50 to an eight-month peak of $14.7, per CoinMarketCap. Although the price has stabilized at around $14.15, this spike marks a notable rebound from its bear market lows. ENS re…</p>
<p>The post <a href="https://coinedition.com/super-important-ens-surges-after-buterin-calls-for-l2-integration/">“Super-Important”: ENS Surges After Buterin Calls For L2 Integration</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

“Super-Important”: ENS Surges After Buterin Calls For L2 Integration

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