The Ethereum Name Service is a decentralized domain name system built on the Ethereum platform. Its native token is ENS. Within the past week, its price has surged 20%.
Token trading activity surged during the time frame being considered. As an example, the monthly high for ENS daily trading volume was $237 million on June 19.
Since June 17th, positive bullish sentiment has accompanied the altcoin, contributing to its double-digit price rise. The rate hit a 30-day high of 1.21 by June 19th. Consideration of an asset's popularity and the number of times it is mentioned on social media platforms is made by this on-chain metric. When the value is positive, it means that market sentiment is bullish.
