Ethereum Name Service

Today's state: Ethereum Name Service is trading at $4.38 with a $0.2 billion market capitalization (rank #177). The price moved +0.46% over the past 24 hours and is -0.03% over 7 days; the 30-day move stands at -15.30% and the 90-day at -22.89%.

Position vs cycle: The asset trades deep in the post-peak drawdown regime, more than 70% below its prior cycle high — typical of late-stage bear conditions or assets that have permanently re-rated lower.

Volatility and structure: 30-day realized volatility of 69.1% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Bearish (28/100), against a weakening multi-horizon backdrop with cumulative pressure across 30/90-day windows.

To place ENS in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: +0.72 — a strong positive relationship.
• Ethereum reference: +0.76 — a strong positive relationship.
• Solana reference: +0.76 — a strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Ethereum Name Service (ENS) is a cryptocurrency, traded on global digital-asset markets. It trades at $4.38 as of the latest update, with a 24-hour move up 0.46%, placing it at rank #184 by market capitalisation among all listed digital assets. Ethereum Name Service's current market cap stands at $179.13M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Ethereum Name Service across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Ethereum Name Service is a digital asset that can be held in cryptocurrency wallets and traded on exchanges worldwide. Rather than assert a mechanism this token may not have, the analysis below focuses on its measurable market profile — price history, supply, liquidity and momentum.

By market value, Ethereum Name Service sits at rank #177 — a mid-cap asset in the broad top 250. Only about 41% of the eventual ENS supply is circulating so far (40.90M of 100.00M), so future unlocks remain a meaningful dilution variable. It currently trades about 93% below its all-time high of $60.53 set in December 2021.

Like other crypto assets, Ethereum Name Service records transactions on a distributed ledger that no single party controls. Holders custody it directly through private keys, and its issuance and rules are enforced by the network's code rather than by an issuer.

By market value, Ethereum Name Service sits at rank #177 — a mid-cap asset in the broad top 250. Only about 41% of the eventual ENS supply is circulating so far (40.90M of 100.00M), so future unlocks remain a meaningful dilution variable. It currently trades about 93% below its all-time high of $60.53 set in December 2021. Its fully-diluted valuation of $438.00M is about 2.4× the circulating market cap of $179.13M, a gap that signals issuance overhang to factor into any longer-term thesis.

Ethereum Name Service is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.

Daily volume runs at about 6.2% of market capitalisation ($11.13M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

To read Ethereum Name Service's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. Only 40.9% of maximum supply is currently circulating, meaning future emissions remain a meaningful source of structural sell pressure. Issuance velocity and unlock schedules become important variables in any longer-term thesis. The fully diluted valuation (FDV) of $0.4 billion stands at 2.4× the current circulating market cap of $0.2 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

What sets the macro tone for crypto is the cost and availability of money: where the Fed is steering policy rates, whether dollar liquidity is expanding or draining, and how much risk the market is willing to carry. The asset class has behaved like the high-beta tail of that cycle — first to rally as conditions ease, first to crack when they tighten.

Several traditional markets serve as useful cross-checks: a strong dollar (DXY) has tended to weigh on crypto; rising 10-year Treasury yields raise the cost of holding risk; gold occasionally trades as a parallel hard-money hedge; and US equities frequently move in sympathy with crypto when the driver is liquidity rather than fundamentals.

Narrowing to Ethereum Name Service, the cleanest leading signal has usually been crypto-native liquidity — the combined trend in stablecoin supply, futures open interest and exchange turnover. When that pool of on-chain capital grows, ENS has tended to advance with it; when it drains, the move has typically gone into reverse. Given the 90-day BTC correlation of +0.72, ENS's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.