$ENS ENS Coin, fully known as Ethereum Name Service (ENS), is a distributed, open, and scalable naming system based on the Ethereum blockchain. It allows users to create easy-to-remember names associated with Ethereum blockchain addresses, similar to how the internet's Domain Name Service (DNS) converts complex IP addresses into easy-to-remember domain names. The main function of ENS is to map human-readable names (like 'alice.eth') to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata. Additionally, ENS supports 'reverse resolution', which can associate metadata and machine-readable addresses with human-readable Ethereum addresses.

The uses of ENS Coin include:

• Simplifying transactions and payments: ENS allows users to transfer cryptocurrencies using easy-to-remember domain names without the need to enter complex blockchain addresses.

• Integrating various wallets and applications: ENS collaborates with multiple wallets such as Coinbase Wallet, Trust Wallet, etc., making it an indispensable infrastructure in the Ethereum ecosystem.

• NFTs and digital identity: Each ENS domain is an NFT that can be traded in NFT markets and is also a key carrier of users' digital identity in the Web3 era.

• Decentralized network identification: ENS can serve as the name for decentralized networks or applications, helping users identify and retrieve decentralized applications.

Market information for ENS Coin shows that as of 2024-11-25, the circulating supply of ENS is 34.14M, with a maximum supply of 100M. The market capitalization of ENS is 698.54M, the current price is 20.46 USD, and the trading volume in the past 24 hours is 246.06M USD. The historical highest price for ENS was 85.69 USD, recorded on 2021-11-11, with the current coin price down 76.12% from that peak. The historical lowest price was 6.93 USD, recorded on 2023-06-10, with the current coin price up 195.24% from that low.