《ETF is about to be launched, and the long-term positive trend of ENS is gradually emerging》
The US spot Ethereum ETF will be officially launched on July 23, which will be beneficial to the Ethereum ecosystem in the long run.
Now please pay attention to ENS, because it is a service based on the Ethereum blockchain, and it is expected to achieve asset transfer and information exchange on two different public chains.
In other words, the launch of the Ethereum ETF will directly benefit ENS in the long run. Even Vitalik Buterin highly recognizes ENS and recommends it many times. This is the reason why Vitalik Buterin recommends it.
Vitalik Buterin believes that ENS is the most successful non-financial Ethereum application to date, and also said that all layer2 networks should run on (trustless, Merkel-based) CCIP resolvers so that ENS subdomains can be registered, updated and read directly on the layer2 network.
Under multiple favorable conditions, ENS is likely to have a brilliant performance, and buying positions at lows around 23 may have a good harvest.
Tucker analyzed that the listing of Ethereum ETF is a negative in the short term. Perhaps when the SEC has not yet approved the Ethereum ETF, the chips purchased before will cause a certain amount of selling pressure when it is listed.
ENS has not yet had a decent increase. When it was listed on the new exchange last week, it touched 31 and then quickly pulled back. It has always been in the range of shock absorption.
For fans who are optimistic about ENS and plan to hold it for a long time, buying on dips may be a reasonable way to lower the holding cost. You can pay attention to Tucker, who will give the most rational analysis and pertinent suggestions for fans to refer to.
