According to Wu, according to the ENS data panel, the number of newly registered ENS domain names has reached 175,000 since the beginning of this year, while the number of Ethereum independent addresses has increased by about 16.9 million, and the number of newly registered ENS domain names accounts for only about 1% of the number of new addresses. Although ENS can still maintain more than one million US dollars in revenue each month, in the past three months, the revenue generated by ENS from the renewal of old domain names has exceeded the revenue captured by newly registered domain names. This may be one of the reasons why ENS Labs recently proposed to expand the ENS domain name service to Layer2. Previously, Vitalik praised ENS as the most successful non-financial application.
