Ethereum

2024

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Ethereum Name Service

<ul> 
 <li>South Korea’s largest crypto exchange, Upbit, officially listed Ethereum Name Service (ENS), causing a 7.7% price surge.</li> 
 <li>ENS’s inclusion on Upbit expands its reach and credibility globally, marking a significant milestone for the Ethereum-based domain service.</li> 
 <li>Upbit’s endorsement signals strong confidence in ENS, likely attracting more liquidity and institutional interest.</li> 
</ul> 
<p><a href="https://ens.domains/">Ethereum Name </a><a href="https://ens.domains/" target="_blank" rel="noreferrer noopener nofollow">Service</a> (ENS) saw a notable 7.7% increase in value following the Upbit listing. This surge highlights growing investor interest and confidence in ENS. Upbit’s decision to list ENS marks a significant milestone for the Ethereum-based domain service.&nbsp;</p> 
<p>This listing on one of Asia’s largest exchanges broadens ENS’s accessibility and boosts its credibility with global investors. The <a href="https://coinmarketcap.com/currencies/ethereum-name-service/">price </a><a href="https://coinmarketcap.com/currencies/ethereum-name-service/" target="_blank" rel="noreferrer noopener nofollow">of</a><a href="https://coinmarketcap.com/currencies/ethereum-name-service/"> ENS</a> began to rise immediately after the announcement was made on Monday. By Tuesday, ENS had recorded a 7.7% increase, closing at a higher price point than before.&nbsp;</p> 
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   <p lang="en" dir="ltr">NEWS: <a href="https://twitter.com/search?q=%24ENS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ENS</a> is up by 7.7% after <a href="https://twitter.com/Official_Upbit_?ref_src=twsrc%5Etfw">@Official_Upbit_</a> announces official listing.<br><br>Track <a href="https://twitter.com/search?q=%24ENS&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ENS</a> price <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/27a1.png" alt="➡" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/vQhKJ3A15M">https://t.co/vQhKJ3A15M</a> <a href="https://t.co/veML6GRfWN">pic.twitter.com/veML6GRfWN</a></p>— CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1810603334543482956?ref_src=twsrc%5Etfw">July 9, 2024</a>
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<p>This upward trend follows a broader pattern seen in the crypto market. Major exchange listings often lead to price surges due to increased exposure and trading volume.</p> 
<p>Upbit’s endorsement of ENS is particularly noteworthy given the exchange’s influence in the Asian market. Upbit’s inclusion of ENS signals strong institutional confidence in the project. This move is expected to drive more liquidity and trading activity.</p> 
<p>ENS operates on the <a href="https://cryptonewsland.com/israel-to-trial-cbdc-on-ethereum-blockchain/">Ethereum </a><a href="https://cryptonewsland.com/israel-to-trial-cbdc-on-ethereum-blockchain/" target="_blank" rel="noreferrer noopener">blockchain</a> and provides a decentralized alternative to traditional domain name services. The project has garnered significant attention and adoption within the crypto community, and its listing on Upbit is likely to accelerate its growth trajectory.</p> 
<p>Market analysts have been closely monitoring the impact of this listing. Many believe that the increased exposure on Upbit could lead to sustained price growth for ENS.&nbsp;</p> 
<p>Additionally, the listing may attract <a href="https://cryptonewsland.com/institutional-investors-are-buying-bitcoin-at-staggering-rates-report/" target="_blank" rel="noreferrer noopener">institutional</a><a href="https://cryptonewsland.com/institutional-investors-are-buying-bitcoin-at-staggering-rates-report/"> investors</a> who are looking for promising blockchain projects with practical applications. Meanwhile, the Ethereum Name Service token is trading at $27.5 having gained by 10.5% in the past 24 hours.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4> 
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/ens-and-godaddy-collaborate-to-integrate-dns-domains-into-ens-ecosystem/">ENS and GoDaddy Collaborate to Integrate DNS Domains into ENS Ecosystem</a></li> 
 <li><a href="https://cryptonewsland.com/top-5-cryptocurrencies-on-the-rise-seilor-insp-omni-rez-and-ens-skyrocket-in-the-last-24-hours/">Top 5 Cryptocurrencies on the Rise: SEILOR, INSP, OMNI, REZ, and ENS Skyrocket in the Last 24 Hours</a></li> 
 <li><a href="https://cryptonewsland.com/ethereum-name-creation-doubles-to-2-million-in-4-months/">Ethereum Name Creation Doubles to 2 Million in 4-Months</a></li> 
 <li><a href="https://cryptonewsland.com/top-4-cryptos-to-watch-ens-pyth-metis-and-bonk-skyrocket-in-24-hours/">Top 4 Cryptos to Watch: ENS, PYTH, METIS, and BONK Skyrocket in 24 Hours</a></li> 
 <li><a href="https://cryptonewsland.com/upbits-logo-to-be-featured-on-napolis-shirts/">Upbit’s Logo To Be Featured on Napoli’s Shirts</a></li> 
</ul> 
<p>The post <a href="https://cryptonewsland.com/ethereum-name-service-ens-pumps-by-7-7/">Ethereum Name Service (ENS) Pumps by 7.7% Following Official Listing on Upbit</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Ethereum Name Service (ENS) Pumps by 7.7% Following Official Listing on Upbit

Crypto News Land

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