Here are some points about the recent surge in #Ethereum Name Service (ENS) ¹ ²:
- The Ethereum Name Service (ENS) has experienced a price surge of over 20% in the last 24 hours.
- The price increase is attributed to the upcoming ENSv2 upgrade, which aims to improve the efficiency and scalability of the service.
- ENS has gained over 42% in price over the past seven days, rising from a low of $22.
- The price increase has been driven by increasing excitement surrounding the upcoming ENSv2 upgrade.
- The ENSv2 upgrade was first announced in May, leading to a substantial price performance.