{"id":137657,"date":"2023-09-02T05:19:12","date_gmt":"2023-09-01T23:49:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=137657"},"modified":"2023-09-02T05:19:12","modified_gmt":"2023-09-01T23:49:12","slug":"web3-domain-platform-ethereum-name-service-ens-clocked-in-235k-in-daily-fees-data-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/web3-domain-platform-ethereum-name-service-ens-clocked-in-235k-in-daily-fees-data-crypto-news\/","title":{"rendered":"Web3 Domain Platform Ethereum Name Service (ENS) Clocked in $235k in Daily Fees: Data &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Web3 decentralized domains service provider \u2013 Ethereum Name Service (ENS) \u2013 raked in $235,000 in fees on August 13. The figure is the highest since September 11, 2022.<\/p>\n<p>Over the past couple of years, ENS has stood as a mainstay within the Web3 realm, enabling individuals to generate easily understandable domain names and wallet addresses for cryptocurrencies.<\/p>\n<ul>\n<li>According to data from Arkham Intelligence\u2019s dashboard, ENS DAO (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/address\/0xFe89cc7aBB2C4183683ab71653C4cdc9B02D44b7\" data-wpel-link=\"external\">0xFe\u202644b7<\/a>) holds more than $132.4 million in assets, including 10 million ENS (worth $90.63 million), 15,000 ETH (worth $27.72 million), and 14.13 million in USDC stablecoin.<\/li>\n<li>The total active ENS names have also <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dune.com\/ethereumnameservice\/ens\" data-wpel-link=\"external\">exceeded<\/a> 2.6 million as of August 14th across nearly 740,000 unique addresses.<\/li>\n<li>The latest development comes a little over a month after the \u201cdistributed, open, and extensible naming system\u201d <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/ethereum-name-service-gears-up-for-layer-2-expansion\/\" data-wpel-link=\"internal\">announced<\/a> plans to tap layer-2 in a bid to enhance scalability and cut costs.<\/li>\n<li>Earlier this year, ENS also launched a new fiat on-ramp for domain registrations via Web3 fiat payment gateway MoonPay.<\/li>\n<li>Its rival, Unstoppable Domains, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/web3-domain-provider-unstoppable-domains-expands-support-to-eth-domains\/\" data-wpel-link=\"internal\">extended<\/a> support to \u201c.eth\u201d domains in July, allowing users to purchase via the official website.<\/li>\n<li>With the move, Unstoppable Domains seeks to engage with a fresh audience since the platform typically offers domain endings such as .crypto, .blockchain, .nft, etc., while ENS is the only venue where Ethereum enthusiasts were able to purchase the .eth domain names.<\/li>\n<li>In order to prevent \u201cnaming collisions,\u201d each .eth domain obtained via Unstoppable\u2019s website will be recorded through the ENS smart contract with the same full functionality as other .eth domains.<\/li>\n<\/ul>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0;clear: both\">\n<div><span style=\"font-size:11px;color: gray\">SPECIAL OFFER (Sponsored)<\/span><br \/>\n<b>Binance Free $100 (Exclusive): <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/binancebanner\" data-wpel-link=\"internal\">Use this link<\/a> to register and receive $100 free and 10% off fees on Binance Futures first month<\/b> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/buy-bitcoin-5-easy-steps\/\" data-wpel-link=\"internal\">terms<\/a>).<\/p>\n<p><b>PrimeXBT Special Offer: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cryptopotato.com\/pl\/primexbt2\" data-wpel-link=\"internal\">Use this link<\/a> to register &amp; enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Web3 decentralized domains service provider \u2013 Ethereum Name Service (ENS) \u2013 raked in $235,000 in fees on August 13. The figure is the highest since September 11, 2022. Over the past couple of years, ENS has stood as a mainstay within the Web3 realm, enabling individuals to generate easily understandable domain names and wallet addresses [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":74503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-137657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=137657"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137657\/revisions"}],"predecessor-version":[{"id":148344,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/137657\/revisions\/148344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/74503"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=137657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=137657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=137657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}